CTO James D. Ballard leaves Douglas Elliman in mutual separation; $835K severance

Douglas Elliman Inc.

James D. Ballard, SVP – Enterprise Efficiency and CTO, departed October 30, 2024 by mutual agreement.
Severance includes $835K cash payment, acceleration of unvested equity grants, and 18 months COBRA.
Severance and equity acceleration contingent on execution of a general release within 60 days.
Payments will be made in installments over the period his base salary would have been payable.

item 5.02

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Departed

James D. Ballard

Senior Vice President – Enterprise Efficiency and Chief Technology Officer

DOUG · Douglas Elliman Inc.

Effective: 2024-10-30
Filed: November 5, 2024, 6:59 PM ET

On October 30, 2024, Douglas Elliman Inc. (the “Company”) and James D. Ballard, the Company’s Senior Vice President – Enterprise Efficiency and Chief Technology Officer, mutually agreed to terminate Mr. Ballard’s employment, effective immediately.

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Executive change SEC 8-K Item 5.02 confidence 1.0

James D. Ballard departed as Senior Vice President – Enterprise Efficiency and Chief Technology Officer at Douglas Elliman Inc..

Action: mutually agreed to terminate
Role: Senior Vice President – Enterprise Efficiency and Chief Technology Officer

Exact text from the filing

On October 30, 2024, Douglas Elliman Inc. (the “Company”) and James D. Ballard, the Company’s Senior Vice President – Enterprise Efficiency and Chief Technology Officer, mutually agreed to terminate Mr. Ballard’s employment, effective immediately.

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Source: SEC EDGAR

accession 0001878897-24-000049

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