secwatch.observer — SEC 8-K summary
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Issuer:     Kennedy-Wilson Holdings, Inc. (KW)
CIK:        0001408100
Form:       8-K
Filed at:   2023-09-14T23:59:59+00:00
Accession:  0001408100-23-000115
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mary Ricks retires as President of Kennedy-Wilson; Matt Windisch appointed President
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- Mary Ricks retires as President and resigns from Board effective Sept 29, 2023; will serve as consultant.
- Consulting period from Sept 29, 2023 to Feb 1, 2026; monthly fee of $83,333 plus continued vesting of RSUs.
- Ricks receives 2023 cash bonus at least equal to average of 2021/2022 bonuses, paid by March 15, 2024.
- Matt Windisch, former EVP, promoted President effective Sept 29, 2023; oversees commercial investment and capital raising.
- Windisch helped raise over $15B for the company and its platforms; credit business grew to $7B in gross commitments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1408100/000140810023000115/0001408100-23-000115-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1408100/000140810023000115/kw-20230914.htm
  HTML page:      https://secwatch.observer/filing/0001408100-23-000115

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer