Welltower EVP Ayesha Menon resigns; transition agreement includes salary, vesting, covenants

WELLTOWER INC.

Resigned as EVP Wellness Housing & Development effective Dec 28, 2023; employee until Feb 29, 2024.
Will receive base salary for 14 months post-employment and fully vested service-based stock awards.
Performance-based awards pro-rated based on performance through Dec 31, 2023; 2023 outperformance and special options cancelled.
Receives $118,000 for benefits and 2023 cash bonus based on performance.
Agreement includes non-compete, non-solicit, non-disparagement, and release of claims.

item 5.02

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Departed

Ayesha Menon

Executive Vice President, Wellness Housing and Development

WELL · WELLTOWER INC.

Effective: 2023-12-28
Filed: December 28, 2023, 6:59 PM ET

Effective December 28, 2023, Ayesha Menon, Executive Vice President, Wellness Housing and Development of Welltower Inc. (the “Company”), resigned her position as an officer of the Company.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Ayesha Menon resigned as Executive Vice President, Wellness Housing and Development at WELLTOWER INC..

Action: resigned
Role: Executive Vice President, Wellness Housing and Development

Exact text from the filing

Effective December 28, 2023, Ayesha Menon, Executive Vice President, Wellness Housing and Development of Welltower Inc. (the “Company”), resigned her position as an officer of the Company.

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Source: SEC EDGAR

accession 0001193125-23-305183

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