home · filing · 0001679688-22-000146
8-K
filed December 9, 2022, 6:59 PM ET
ticker DBRG
CIK 0001679688
leadership
confidence high
sentiment neutral
materiality 0.55
DigitalBridge CLO Ronald Sanders set to depart by April 27, 2023; amended employment agreement signed
DigitalBridge Group, Inc.
Employment term expires April 27, 2023, with possible extension if successor not yet hired.
Severance on expiration: 2x (base salary of $475k + average of prior 3 annual bonuses) plus full vesting of equity and fund incentives.
Annual cash bonus target of $1.425M and LTIP target of $1.688M, unchanged from prior terms.
Executive to assist in successor search and continue winding down legacy Colony Capital investments.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Departed
Ronald M. Sanders
Executive Vice President, Chief Legal Officer and Secretary
DBRG ·
DigitalBridge Group, Inc.
Effective 2023-04-27
Filed December 9, 2022, 6:59 PM ET
The Agreement provides for Mr. Sanders’ term of employment to conclude on April 27, 2023.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Ronald M. Sanders departed as Executive Vice President, Chief Legal Officer and Secretary at DigitalBridge Group, Inc..
Role Executive Vice President, Chief Legal Officer and Secretary
Exact text from the filing
The Agreement provides for Mr. Sanders’ term of employment to conclude on April 27, 2023.
View on SEC.gov
Source: SEC EDGAR
accession 0001679688-22-000146
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