other
confidence high
sentiment positive
materiality 0.60
Brixmor extends CFO/CIO contracts to 2025 with higher compensation; adopts proxy access
Brixmor Property Group Inc.
- CFO Aman base salary to $600K; bonus target raised to 100% of base salary; min equity grant $1.5M.
- CIO Horgan base salary to $575K; bonus target raised to 100% of base salary; min equity grant $1.3M.
- Employment agreements extended to May 20, 2025 for both executives.
- Board adopted proxy access bylaw: 3% holders for 3 yrs can nominate up to 2 directors or 20% of board.
- Proxy access first available for 2023 annual meeting of stockholders.