---
schema_version: "secwatch.filing_event.v1"
accession: "0001408100-23-000120"
form_type: "8-K"
ticker: "KW"
cik: "0001408100"
company_name: "Kennedy-Wilson Holdings, Inc."
filed_at: "2023-09-29T23:59:59+00:00"
generated_at: "2026-06-10T06:50:54.087379+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# KW enters new exec agreements; CEO McMorrow base salary $1.5M, severance up to 3x avg comp

## Summary
- New three-year (two-year for GC Mouton) employment agreements with CEO McMorrow, President Windisch, CFO Enbody, GC Mouton, effective Sept 29, 2023.
- Base salaries: McMorrow $1.5M, Windisch $1M, Enbody $800K, Mouton $800K; eligible for annual performance bonuses and equity grants.
- Qualifying Termination severance: continued base salary through term plus lump sum up to 2x (3x for McMorrow) average of base salary and bonus for prior 3 years.
- Death/Disability severance: greater of continued salary plus prior year bonus or amount determined by committee; full vesting of equity awards.
- Agreements include restrictive covenants: confidentiality, non-disparagement, non-compete, and non-solicitation.

## SEC filing metadata
- accession: 0001408100-23-000120
- form_type: 8-K
- ticker: KW
- cik: 0001408100
- company_name: Kennedy-Wilson Holdings, Inc.
- filed_at: 2023-09-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1408100/000140810023000120/0001408100-23-000120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1408100/000140810023000120/kw-20230929.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001408100-23-000120
- JSON: https://secwatch.observer/filing/0001408100-23-000120.json
- Plain text: https://secwatch.observer/filing/0001408100-23-000120.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.