secwatch / observer

Cushman & Wakefield Ltd. — fact timeline

Source-grounded facts extracted from Cushman & Wakefield Ltd.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

CWK Cushman & Wakefield Ltd. JSON
Debt Financings

Cushman & Wakefield Ltd. amended term loan of approximately $848 million aggregate principal amount of outstanding borrowings under the senior secured term loan facil with JPMorgan Chase Bank, N.A. at Term SOFR, plus an applicable margin of 2.25% per annum, or (b) the Base Rate, p maturing 2033.

“On June 12, 2026 (the “Effective Date”), Cushman & Wakefield U.S. Borrower, LLC (the “Borrower”) and DTZ UK Guarantor Limited (“U.K. Guarantor”), each a subsidiary of Cushman & Wakefield Ltd. (the “Company”) amended (the “Amendment”) the Credit Agreement between the Borrower, U.K. Guarantor, JPMorgan Chase Bank, N.A., as administrative agent, and the Lenders party thereto (the “Existing Credit Agreement” and the Existing Credit Agreement as amended, the “Credit Agreement”) which, among other things, (i) amended certain pricing terms with respect to approximately $848 million aggregate principal amount of outstanding borrowings under the senior secured term loan facility (such term loans as so amended, the “2026-1 Term Loans”), (ii) extended the maturity date of the 2026-1 Term Loans to 2033 and (iii) upsized the principal amount of 2026-1 Term Loans by approximately $353 million.”
Material Agreements

Cushman & Wakefield Ltd. amended Amendment with JPMorgan Chase Bank, N.A., as administrative agent, and the Lenders party thereto valued at approximately $848 million (effective 2026-06-12).

“On June 12, 2026 (the “Effective Date”), Cushman & Wakefield U.S. Borrower, LLC (the “Borrower”) and DTZ UK Guarantor Limited (“U.K. Guarantor”), each a subsidiary of Cushman & Wakefield Ltd. (the “Company”) amended (the “Amendment”) the Credit Agreement between the Borrower, U.K. Guarantor, JPMorgan Chase Bank, N.A., as administrative agent, and the Lenders party thereto (the “Existing Credit Agreement” and the Existing Credit Agreement as amended, the “Credit Agreement”) which, among other things, (i) amended certain pricing terms with respect to approximately $848 million aggregate principal amount of outstanding borrowings under the senior secured term loan facility (such term loans as so amended, the “2026-1 Term Loans”), (ii) extended the maturity date of the 2026-1 Term Loans to 2033 and (iii) upsized the principal amount of 2026-1 Term Loans by approximately $353 million.”
Shareholder Votes

Cushman & Wakefield Ltd. shareholders approved Approve the 2026 Omnibus Share and Cash Incentive Plan at the 2026-05-14 meeting.

“4. To approve the 2026 Plan. 191,432,616 17,159,619 72,337 11,469,542”
Shareholder Votes

Cushman & Wakefield Ltd. shareholders approved To approve, on a non-binding, advisory basis, the compensation of the Company’s named executive officers as disclosed in the Proxy Statement at the 2026-05-14 meeting.

“3. To approve, on a non-binding, advisory basis, the compensation of the Company’s named executive officers as disclosed in the Proxy Statement (“Say on Pay”). 203,900,649 4,706,771 57,152 11,469,542”
Shareholder Votes

Cushman & Wakefield Ltd. shareholders approved To appoint KPMG LLP as independent auditor for the year ending December 31, 2026 and to authorize the Audit Committee of its Board to set the independent auditor's remuneration at the 2026-05-14 meeting.

“2. To appoint KPMG LLP as independent auditor for the year ending December 31, 2026 and to authorize the Audit Committee of its Board to set the independent auditor’s remuneration. 218,134,007 1,923,817 76,290 —”
Shareholder Votes

Cushman & Wakefield Ltd. shareholders approved Election of three nominees to the Board for a one-year term expiring at the 2027 annual general meeting at the 2026-05-14 meeting.

“1. To elect the three nominees named in the Proxy Statement to the Board to a one-year term expiring at the 2027 annual general meeting: Jodie McLean 202,181,285 6,450,424 32,863 11,469,542 Timothy Wennes 208,444,766 186,493 33,313 11,469,542 Billie Williamson 208,316,314 315,390 32,868 11,469,542”
Earnings Releases

Cushman & Wakefield Ltd. reported the first quarter of 2026 results: revenue $2.5 billion, net income Net loss was $12.6 million, EPS Diluted loss per share was $0.05.

“NEW YORK (BUSINESS WIRE), May 7, 2026 — Cushman & Wakefield Ltd. (NYSE: CWK) today reported financial results for the first quarter of 2026. First Quarter Results: • Revenue of $2.5 billion for the first quarter of 2026 increased 11% (9% in local currency) from the first quarter of 2025. ◦ Services revenue increased 9% (7% in local currency), reflecting sustained”
Debt Financings

Cushman & Wakefield Ltd. amended credit facility of approximately $948 million with JPMorgan Chase Bank, N.A., as administrative agent at Term SOFR plus 2.75% maturing January 2030.

“The Amendment repriced the Borrower’s Term Loan issued in October 2024 and due January 2030, reducing the applicable interest on the approximately $948 million of outstanding Term Loan by 50 basis points from Term SOFR plus 3.25% to Term SOFR plus 2.75%.”

Stephen D. Plavin was appointed as Chairman at Cushman & Wakefield Ltd..

“In addition, Mr. Plavin will become the Chairman of the Board effective October 1, 2025.”

Timothy Wennes was appointed as Director at Cushman & Wakefield Ltd..

“appointed each of Susan Daimler and Timothy Wennes to serve as a director on the Board effective as of August 1, 2025”

Susan Daimler was appointed as Director at Cushman & Wakefield Ltd..

“appointed each of Susan Daimler and Timothy Wennes to serve as a director on the Board effective as of August 1, 2025”

Brett White resigned as Non-Executive Chairman at Cushman & Wakefield Ltd..

“On June 19, 2025, Brett White notified the board of directors (the “Board”) of Cushman & Wakefield plc (the “Company”) of his decision to resign from the Board, effective July 31, 2025.”

Jonathan Coslet resigned as Director at Cushman & Wakefield Ltd..

“On June 7, 2024, Jonathan Coslet notified Cushman & Wakefield plc (the “Company”) of his decision to resign from the Board, effective immediately, which the Board accepted.”
Shareholder Votes

Cushman & Wakefield Ltd. shareholders approved Approve amendment to Omnibus Non-Employee Director Share and Cash Incentive Plan (Annex D) at the 2024-05-16 meeting.

“To approve an amendment to the Company’s Omnibus Non-Employee Director Share and Cash Incentive Plan, which was included as Annex D to the Proxy Statement. 185,554,595 2,674,219 9,435,353 13,258,886”
Shareholder Votes

Cushman & Wakefield Ltd. shareholders approved Approve amendment to Omnibus Management Share and Cash Incentive Plan (Annex C) at the 2024-05-16 meeting.

“To approve an amendment to the Company’s Omnibus Management Share and Cash Incentive Plan, which was included as Annex C to the Proxy Statement. 183,306,127 4,910,832 9,447,208 13,258,886”
Shareholder Votes

Cushman & Wakefield Ltd. shareholders approved Approve amended directors' remuneration policy (set out in Annex B) at the 2024-05-16 meeting.

“To approve the Company’s amended directors’ remuneration policy, which was set out in the Directors’ Remuneration Report included as Annex B to the Proxy Statement. 193,653,319 3,934,213 76,635 13,258,886”
Shareholder Votes

Cushman & Wakefield Ltd. shareholders approved Advisory vote on Directors' Remuneration Report (Annex B) at the 2024-05-16 meeting.

“To approve, on a non-binding, advisory basis, the Directors’ Remuneration Report, which was included as Annex B to the Proxy Statement. 192,041,381 5,546,057 76,729 13,258,886”
Shareholder Votes

Cushman & Wakefield Ltd. shareholders approved Advisory vote on compensation of named executive officers for year ended December 31, 2023 at the 2024-05-16 meeting.

“To approve, on a non-binding, advisory basis, the compensation of the Company’s named executive officers for the year ended December 31, 2023 as disclosed in the Proxy Statement. 191,264,279 6,321,214 78,674 13,258,886”
Shareholder Votes

Cushman & Wakefield Ltd. shareholders approved Authorize Audit Committee to determine compensation of U.K. statutory auditor at the 2024-05-16 meeting.

“To authorize the Audit Committee of the Board of Directors to determine the compensation of the Company’s U.K. statutory auditor. 197,533,214 113,123 17,830 13,258,886”
Shareholder Votes

Cushman & Wakefield Ltd. shareholders approved Appoint KPMG LLP as U.K. statutory auditor until 2025 annual meeting at the 2024-05-16 meeting.

“To appoint KPMG LLP as the Company’s U.K. statutory auditor until the Company’s annual meeting in 2025. 197,206,697 439,177 18,293 13,258,886”
Shareholder Votes

Cushman & Wakefield Ltd. shareholders approved Ratify appointment of KPMG LLP as independent registered public accounting firm for year ending December 31, 2024 at the 2024-05-16 meeting.

“To ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024. 210,112,376 787,843 22,834 —”
Shareholder Votes

Cushman & Wakefield Ltd. shareholders approved Election of each nominee for director: Rajesh Vennam at the 2024-05-16 meeting.

“To elect each of the nominees for director listed below: Michelle MacKay 196,754,103 888,321 21,743 13,258,886 Angela Sun 139,757,839 57,867,412 38,916 13,258,886 Rajesh Vennam 187,325,071 879,899 9,459,197 13,258,886 2. To ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024.”
Shareholder Votes

Cushman & Wakefield Ltd. shareholders approved Election of each nominee for director: Angela Sun at the 2024-05-16 meeting.

“To elect each of the nominees for director listed below: Michelle MacKay 196,754,103 888,321 21,743 13,258,886 Angela Sun 139,757,839 57,867,412 38,916 13,258,886 Rajesh Vennam 187,325,071 879,899 9,459,197 13,258,886 2.”
Shareholder Votes

Cushman & Wakefield Ltd. shareholders approved Election of each nominee for director: Michelle MacKay at the 2024-05-16 meeting.

“To elect each of the nominees for director listed below: Michelle MacKay 196,754,103 888,321 21,743 13,258,886 Angela Sun 139,757,839 57,867,412 38,916 13,258,886 Rajesh Vennam 187,325,071 879,899 9,459,197 13,258,886 2.”

Laurida Sayed was appointed as Chief Accounting Officer at Cushman & Wakefield Ltd..

“the Board approved the promotion of Laurida Sayed to Chief Accounting Officer of the Company, effective immediately, replacing Neil Johnston in that position.”

Brett White changed role as non-Executive Chairman of the Board at Cushman & Wakefield Ltd..

“the Board approved Brett White’s transition from Executive Chairman of the Board to non-Executive Chairman of the Board, serving in a non-executive, non-employee capacity, effective immediately”
Earnings Releases

Cushman & Wakefield Ltd. reported first quarter of 2024 results: revenue $2.2 billion, net income Net loss of $28.8 million, EPS Diluted loss per share ... was $0.13.

“to Services. The change was to the name only and had no impact on the composition of the Company’s service lines or its historical results. First Quarter Results: • Revenue of $2.2 billion for the first quarter of 2024 decreased 3% from the first quarter of 2023. Service line fee revenue was flat compared to the first quarter of 2023. ◦ Strong Leasing growth of 5%”
Debt Financings

Cushman & Wakefield Ltd. amended term loan of $1.0 billion of outstanding Term Loan with JPMorgan Chase Bank, N.A., as administrative agent at Term SOFR plus 3.75%.

“The Amendment repriced the Borrower’s Term Loan issued in August 2023 and due January 2030, reducing the applicable interest on the approximately $1.0 billion of outstanding Term Loan by 25 basis points from Term SOFR plus 4.00% to Term SOFR plus 3.75%.”
Material Agreements

Cushman & Wakefield Ltd. amended Amendment with JPMorgan Chase Bank, N.A., as administrative agent, and other Lenders party thereto valued at approximately $1.0 billion (effective 2024-04-09).

“Cushman & Wakefield U.S. Borrower, LLC (the “Borrower”) and DTZ UK Guarantor Limited (“U.K. Guarantor”), each a wholly-owned subsidiary of Cushman & Wakefield plc, entered into an amendment effective April 9, 2024 (the “Amendment”) to the existing Credit Agreement between the Borrower, U.K. Guarantor, JPMorgan Chase Bank, N.A., as administrative agent, and other Lenders party thereto (as so amended, the “Credit Agreement”).”

Timothy Dattels retired as Director at Cushman & Wakefield Ltd..

“Timothy Dattels notified Cushman & Wakefield plc (the “Company”) of his decision to retire from the Board of Directors and that he will not stand for re-election at the Company’s upcoming 2024 Annual General Meeting of Shareholders (the “Annual Meeting”).”

Rajesh Vennam was appointed as Director at Cushman & Wakefield Ltd..

“the Board appointed each of Jennifer J. McPeek and Rajesh Vennam to serve as a director on the Board, filling the vacancies created by the aforementioned resignations, effective as of March 18, 2024”

Jennifer J. McPeek was appointed as Director at Cushman & Wakefield Ltd..

“the Board appointed each of Jennifer J. McPeek and Rajesh Vennam to serve as a director on the Board, filling the vacancies created by the aforementioned resignations, effective as of March 18, 2024”

Lincoln Pan resigned as Director at Cushman & Wakefield Ltd..

“each of Anthony Miller and Lincoln Pan notified the Board of Directors (the “Board”) of Cushman & Wakefield plc (the “Company”) of his decision to resign from the Board, effective as of March 18, 2024”

Anthony Miller resigned as Director at Cushman & Wakefield Ltd..

“each of Anthony Miller and Lincoln Pan notified the Board of Directors (the “Board”) of Cushman & Wakefield plc (the “Company”) of his decision to resign from the Board, effective as of March 18, 2024”
Earnings Releases

Cushman & Wakefield Ltd. reported financial results for the fourth quarter and full year of 2023.

“On February 20, 2024, Cushman & Wakefield plc (the "Company") issued a press release reporting its financial results for the fourth quarter and full year of 2023.”

Michelle Felman was appointed as Director at Cushman & Wakefield Ltd..

“On November 2, 2023, upon the recommendation of the Nominating and Corporate Governance Committee of the board of directors (the “Board”) of Cushman & Wakefield plc (the “Company”), the Board appointed Michelle Felman to the Board, effective immediately.”
Earnings Releases

Cushman & Wakefield Ltd. reported the nine months ended September 30, 2023 results: revenue Revenue of $6.9 billion, net income Net loss of $105.2 million, EPS diluted loss per share of $0.46.

“CHICAGO (BUSINESS WIRE), October 30, 2023 — Cushman & Wakefield (NYSE: CWK) today reported financial results for the third quarter of 2023: Year-to-Date Results: • Revenue of $6.9 billion and service line fee revenue of $4.7 billion for the nine months ended September 30, 2023 decreased 7% and 12%, respectively, from the nine months ended September 30, 2022. ◦”
Earnings Releases

Cushman & Wakefield Ltd. reported the third quarter of 2023 results: revenue $2.3 billion, net income net loss of $33.9 million, EPS diluted loss per share of $0.15.

“consisting of availability on the Company's undrawn revolving credit facility of $1.1 billion and cash and cash equivalents of $0.6 billion. Third Quarter Results: • Revenue of $2.3 billion and service line fee revenue of $1.6 billion for the third quarter of 2023 decreased 9% and 11%, respectively, from the third quarter of 2022. ◦ Property, facilities and project”
Debt Financings

Cushman & Wakefield Ltd. incurred senior notes of $400 million with Wilmington Trust, National Association at 8.875% maturing September 1, 2031.

“On August 24, 2023, Cushman & Wakefield U.S. Borrower, LLC (the "Company"), an indirect wholly owned subsidiary of Cushman & Wakefield plc ("Cushman & Wakefield"), closed its previously announced offering of $400 million in aggregate principal amount of its 8.875% senior secured notes due 2031 (the "Notes").”
Material Agreements

Cushman & Wakefield Ltd. entered into Indenture for 8.875% Senior Secured Notes due 2031 with Wilmington Trust, National Association valued at $400,000,000 aggregate principal amount at 8.875% interest due 2031 (effective 2023-08-24).

“Item 1.01. Entry into a Material Definitive Agreement. Senior Secured Notes Offering On August 24, 2023, Cushman & Wakefield U.S. Borrower, LLC (the “Company”), an indirect wholly owned subsidiary of Cushman & Wakefield plc (“Cushman & Wakefield”), closed its previously announced offering of $400 million in aggregate principal amount of its 8.875% senior secured notes due 2031 (the “Notes”).”
Earnings Releases

Cushman & Wakefield Ltd. reported the first half of 2023 results: revenue $4.7 billion, net income $71.3 million, EPS $(0.31).

“2023 CHICAGO (BUSINESS WIRE), July 31, 2023 — Cushman & Wakefield (NYSE: CWK) today reported financial results for the second quarter of 2023: Year-to-Date Results: • Revenue of $4.7 billion and service line fee revenue of $3.1 billion for the first half of 2023 decreased 6% and 13%, respectively, from the first half of 2022. ◦ Property, facilities and project”
Earnings Releases

Cushman & Wakefield Ltd. reported the second quarter of 2023 results: revenue $2.4 billion, net income $5.1 million, EPS $0.02.

“consisting of availability on the Company's undrawn revolving credit facility of $1.1 billion and cash and cash equivalents of $0.5 billion. Second Quarter Results: • Revenue of $2.4 billion and service line fee revenue of $1.6 billion for the second quarter of 2023 decreased 8% and 15%, respectively, from the second quarter of 2022. ◦ Property, facilities and”
Debt Financings

Cushman & Wakefield Ltd. amended credit facility with JPMorgan Chase Bank, N.A., as administrative agent at Term Secured Overnight Financing Rate plus an applicable credit spread adjustmen.

“Cushman & Wakefield U.S. Borrower, LLC (the “Borrower”) and DTZ UK Guarantor Limited (“U.K. Guarantor”), each a subsidiary of Cushman & Wakefield plc, entered into an amendment effective June 28, 2023 (the “Amendment”) to the existing Credit Agreement between the Borrower, U.K. Guarantor and JPMorgan Chase Bank, N.A., as administrative agent (as so amended, the “Credit Agreement”). The Amendment replaces the LIBOR-based reference interest rate option for the Replacement Term Loans (as defined in the Credit Agreement) with a reference interest rate option based on the Term Secured Overnight Financing Rate plus an applicable credit spread adjustment (subject to a minimum floor of 0.00%).”
Material Agreements

Cushman & Wakefield Ltd. amended Amendment with JPMorgan Chase Bank, N.A., as administrative agent (effective 2023-06-28).

“Cushman & Wakefield U.S. Borrower, LLC (the “Borrower”) and DTZ UK Guarantor Limited (“U.K. Guarantor”), each a subsidiary of Cushman & Wakefield plc, entered into an amendment effective June 28, 2023 (the “Amendment”) to the existing Credit Agreement between the Borrower, U.K. Guarantor and JPMorgan Chase Bank, N.A., as administrative agent (as so amended, the “Credit Agreement”).”

Angelique Brunner resigned as Director at Cushman & Wakefield Ltd..

“On June 12, 2023, Angelique Brunner notified the Board of Directors (the “Board”) of Cushman & Wakefield plc (the “Company”) that she is resigning from the Board, effective as of June 30, 2023.”
Shareholder Votes

Cushman & Wakefield Ltd. shareholders approved Authorize Board to disapply pre-emption rights when allotting shares for cash (special resolution) at the 2023-05-11 meeting.

“To authorize, as a special resolution, the Board of Directors to disapply pre-emption rights when the Board of Directors allots ordinary shares of the Company for cash. 176,031,448 47,788,221 239,893 —”
Shareholder Votes

Cushman & Wakefield Ltd. shareholders approved Authorize Board to allot new shares and grant rights to subscribe at the 2023-05-11 meeting.

“To authorize the Board of Directors to allot new shares in the Company and to grant rights to subscribe for, or convert any security into, ordinary shares of the Company. 176,213,612 47,620,172 225,778 —”
Shareholder Votes

Cushman & Wakefield Ltd. shareholders approved Approve amended director compensation policy at the 2023-05-11 meeting.

“To approve the Company’s amended director compensation policy, which was set out in the director compensation report included as Annex B to the Proxy Statement. 211,414,278 2,030,515 95,202 10,519,567”
Shareholder Votes

Cushman & Wakefield Ltd. shareholders approved Advisory approval of director compensation report at the 2023-05-11 meeting.

“To approve, on a non-binding, advisory basis, the director compensation report, which was included as Annex B to the Proxy Statement. 210,856,292 2,590,354 93,349 10,519,567”
Shareholder Votes

Cushman & Wakefield Ltd. shareholders approved Advisory approval of named executive officer compensation for 2022 at the 2023-05-11 meeting.

“To approve, on a non-binding, advisory basis, the compensation of the Company’s named executive officers for the year ended December 31, 2022 as disclosed in the Proxy Statement. 210,546,174 2,917,078 76,743 10,519,567”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.