leadership
confidence high
sentiment neutral
materiality 0.35
Brett White to receive $480k/yr as Executive Chairman of Cushman & Wakefield starting Jan 1, 2024
Cushman & Wakefield Ltd.
- Brett White to remain Executive Chairman with annual cash compensation of $480,000, effective Jan 1, 2024.
- Upon transition to non-Executive Chairman, eligible for director retainer plus $100k additional cash and $100k RSUs.
- No base salary, bonus, severance beyond the cash compensation; existing equity award agreements preserved.
- Restrictive covenants under Dec 2021 Side Letter reaffirmed and remain in effect.
- Employment remains at-will; no severance upon termination except as per existing RSU awards.