other material
confidence high
sentiment neutral
materiality 0.50
Kennedy-Wilson raises carried interest pool to 50% (from 35%) for executives
Kennedy-Wilson Holdings, Inc.
- Compensation Committee approved carried interest award agreements for named executives on Jan 29, 2025.
- Program cap raised to 50% from 35% of carried interest from certain commingled funds and separate accounts.
- Vesting: 60% time-vest over four years, 40% liquidity-vest; forfeiture on termination for cause.
- Maximum percentages: McMorrow 7.5%, Windisch 5.0%, Enbody 2.0%, Lee 2.0%.
- Cash bonus cutback reduces maximum bonus by 50% of carried interest payments received in that year.