DigitalBridge appoints Thomas Mayrhofer as CFO; corrects Fee Related Earnings definition

DigitalBridge Group, Inc.

Thomas Mayrhofer appointed CFO and Treasurer effective March 18, 2024, completing transition from Jacky Wu.
Jacky Wu ceases as CFO on May 18, 2024, stays as employee providing strategic advice through June 30, 2024.
Company corrects that company-wide Fee Related Earnings (FRE) is not directly equivalent to Adjusted EBITDA.
Corporate presentation updated and posted on March 21, 2024, superseding prior FRE presentation in earnings release.
Equity awards granted to executive officers on March 15, 2024: time-based RSUs and PSUs with TSR modifier.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Thomas H. Mayrhofer

Chief Financial Officer and Treasurer

DBRG · DigitalBridge Group, Inc.

Effective: 2024-03-18
Filed: March 21, 2024, 7:59 PM ET

On March 18, 2024, Thomas H. Mayrhofer was appointed the Chief Financial Officer and Treasurer of DigitalBridge Group, Inc.

Departed

Jacky Wu

Executive Vice President, Chief Financial Officer and Treasurer

DBRG · DigitalBridge Group, Inc.

Effective: 2024-05-18
Successor: Thomas H. Mayrhofer
Filed: March 21, 2024, 7:59 PM ET

Mr. Wu ceased to serve as the Company’ Executive Vice President, Chief Financial Officer and Treasurer on May 18, 2024 and has agreed to continue to serve as an employee of the Company providing strategic advice through June 30, 2024 pursuant to the employment agreement between the Company and Mr. Wu dated as of November 13, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas H. Mayrhofer was appointed as Chief Financial Officer and Treasurer at DigitalBridge Group, Inc..

Action: appointed
Role: Chief Financial Officer and Treasurer

Exact text from the filing

On March 18, 2024, Thomas H. Mayrhofer was appointed the Chief Financial Officer and Treasurer of DigitalBridge Group, Inc.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jacky Wu departed as Executive Vice President, Chief Financial Officer and Treasurer at DigitalBridge Group, Inc..

Action: ceased
Role: Executive Vice President, Chief Financial Officer and Treasurer

Exact text from the filing

Mr. Wu ceased to serve as the Company’ Executive Vice President, Chief Financial Officer and Treasurer on May 18, 2024 and has agreed to continue to serve as an employee of the Company providing strategic advice through June 30, 2024 pursuant to the employment agreement between the Company and Mr. Wu dated as of November 13, 2023.

View on SEC.gov

DigitalBridge Group, Inc. filing history →

Source: SEC EDGAR

accession 0001679688-24-000037

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