Douglas Emmett extends CEO Kaplan and exec Panzer on same terms for five years

Douglas Emmett Inc

Jordan Kaplan continues as CEO under new five-year agreement effective Jan 1, 2024 through Dec 31, 2028.
Base salary set at $1,000,000 per year; annual bonus and benefits unchanged from prior agreement.
Kenneth Panzer also entered a new five-year employment agreement effective Jan 1, 2024 on consistent terms.
No changes in compensation, duties, or other material provisions compared to expired agreements.

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