Source-grounded facts extracted from Cushman & Wakefield Ltd.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Cushman & Wakefield Ltd. shareholders approved Authorize Audit Committee to determine compensation of KPMG LLP as UK statutory auditor at the 2023-05-11 meeting.
“To authorize the Audit Committee of the Board of Directors to determine the compensation of KPMG LLP as the Company’s U.K. statutory auditor. 223,133,707 741,406 184,449 —”
Cushman & Wakefield Ltd. shareholders approved Appoint KPMG LLP as UK statutory auditor until 2024 meeting at the 2023-05-11 meeting.
“To appoint KPMG LLP as the Company’s U.K. statutory auditor until the Company’s annual meeting in 2024. 223,095,816 798,362 165,384 —”
Cushman & Wakefield Ltd. shareholders approved Ratify appointment of KPMG LLP as independent registered public accounting firm for 2023 at the 2023-05-11 meeting.
“To ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023. 223,112,149 807,694 139,719 —”
Cushman & Wakefield Ltd. shareholders approved Election of Class II Directors at the 2023-05-11 meeting.
“To elect the Class II Directors listed below: Brett White 205,203,309 8,256,057 80,629 10,519,567 Jodie McLean 181,659,566 31,817,863 62,566 10,519,567 Billie Williamson 210,211,771 3,250,439 77,785 10,519,567”
Cushman & Wakefield Ltd. reported the first quarter of 2023 results: revenue $2.2 billion, net income $76.4 million, EPS $0.34. Guidance reaffirmed.
“Revenue of $2.2 billion and service line fee revenue of $1.5 billion for the first quarter of 2023 decreased 4% and 12%, respectively, from the first quarter of 2022.”
Michelle MacKay was appointed as Chief Executive Officer at Cushman & Wakefield Ltd..
“the Board appointed Michelle MacKay, currently the President and Chief Operating Officer of the Company, as Chief Executive Officer of the Company, effective as of July 1, 2023, to succeed Mr. Forrester”
John Forrester was appointed as Strategic Advisor at Cushman & Wakefield Ltd..
“Mr. Forrester has agreed to remain employed by the Company and serve in a new, non-executive role of Strategic Advisor, effective as of July 1, 2023”
John Forrester departed as Chief Executive Officer at Cushman & Wakefield Ltd..
“John Forrester, Chief Executive Officer of Cushman & Wakefield plc (the “Company”), notified the Company that he will retire as Chief Executive Officer and from the board of directors of the Company (the “Board”), effective as of June 30, 2023”
Cushman & Wakefield Ltd. reported fourth quarter of 2022 results: revenue $2.6 billion, net income $29.8 million, EPS $0.13.
“Fourth Quarter 2022 Results • Revenue of $2.6 billion and service line fee revenue of $1.9 billion for the fourth quarter of 2022 decreased 8% and 17%, respectively, from the fourth quarter of 2021. ◦ Property, facilities and project management grew 5%, led by the Americas and APAC. ◦ Leasing, Capital markets and Valuation and other declined 13%, 53% and 16%, respectively. • Net income and diluted earnings per share for the fourth quarter of 2022 were $29.8 million and $0.13, respectively.”
Cushman & Wakefield Ltd. reported full year 2022 results: revenue $10.1 billion, net income $196.4 million, EPS $0.86.
“Full Year 2022 Results • Revenue of $10.1 billion and service line fee revenue of $7.2 billion for the year ended December 31, 2022 increased 8% and 5%, respectively, from the year ended December 31, 2021. ◦ Leasing and Property, facilities and project management experienced continued growth, led by the Americas. ◦ Capital markets and Valuation and other declined 12% and 3%, respectively. • Net income and diluted earnings per share for the year ended December 31, 2022 were $196.4 million and $0.86, respectively.”
Cushman & Wakefield Ltd. amended term loan of $1,000 million with JPMorgan Chase Bank, N.A. (as administrative agent) at Term Secured Overnight Financing Rate (SOFR), plus 0.10% (which sum is subject t maturing January 31, 2030.
“On January 31, 2023, Cushman & Wakefield U.S. Borrower, LLC (f/k/a DTZ U.S. Borrower, LLC) (the “Borrower”) and DTZ UK Guarantor Limited (“U.K. Guarantor”), each a subsidiary of Cushman & Wakefield plc (the “Company”), entered into an amendment (the “Amendment”) to the existing Credit Agreement between the Borrower, U.K. Guarantor, JPMorgan Chase Bank, N.A., as administrative agent, and the lenders and other subsidiary guarantors party thereto (as so amended, the “Credit Agreement”) to amend, among other things, certain pricing terms with respect to $1,000 million aggregate principal amount of outstanding borrowings under the senior secured term loan facility (such term loans as so amended, the “Refinancing Term Loans”) and extend the maturity date of the Refinancing Term Loans.”
Cushman & Wakefield Ltd. amended Amendment with JPMorgan Chase Bank, N.A., as administrative agent valued at $1,000 million (effective 2023-01-31).
“On January 31, 2023, Cushman & Wakefield U.S. Borrower, LLC (f/k/a DTZ U.S. Borrower, LLC) (the “Borrower”) and DTZ UK Guarantor Limited (“U.K. Guarantor”), each a subsidiary of Cushman & Wakefield plc (the “Company”), entered into an amendment (the “Amendment”) to the existing Credit Agreement between the Borrower, U.K. Guarantor, JPMorgan Chase Bank, N.A., as administrative agent, and the lenders and other subsidiary guarantors party thereto (as so amended, the “Credit Agreement”) to amend, among other things, certain pricing terms with respect to $1,000 million aggregate principal amount of outstanding borrowings under the senior secured term loan facility (such term loans as so amended, the “Refinancing Term Loans”) and extend the maturity date of the Refinancing Term Loans.”
Cushman & Wakefield Ltd. reported nine months ended September 30, 2022 results: revenue $7.5 billion, net income $166.6 million, EPS $0.73.
“Year-to-Date Results: • Revenue of $7.5 billion and service line fee revenue of $5.4 billion for the nine months ended September 30, 2022 increased 15% and 16%, respectively, from the nine months ended September 30, 2021. ◦ Leasing, Capital markets and Property, facilities and project management experienced continued growth, led by the Americas. • Net income and earnings per share for the nine months ended September 30, 2022 were $166.6 million and $0.73, respectively.”
Cushman & Wakefield Ltd. reported third quarter of 2022 results: revenue $2.5 billion, net income $23.9 million, EPS $0.11.
“Third Quarter Results: • Revenue of $2.5 billion and service line fee revenue of $1.8 billion for the third quarter of 2022 increased 8% and 4%, respectively, from the third quarter of 2021. ◦ Leasing and Property, facilities and project management grew 13% and 10%, respectively. ◦ Capital markets declined 20%. • Net income and earnings per share for the third quarter of 2022 were $23.9 million and $0.11, respectively.”
Neil Johnston was appointed as principal accounting officer at Cushman & Wakefield Ltd..
“Effective September 30, 2022, Neil Johnston will serve as principal accounting officer, in addition to his current role as Chief Financial Officer of the Company.”
Len Texter resigned as Chief Accounting Officer at Cushman & Wakefield Ltd..
“On September 1, 2022, Len Texter, Global Controller, Head of Investor Relations, Chief Accounting Officer, notified Cushman & Wakefield plc (the “Company”) of his decision to resign his employment with the Company, effective September 30, 2022, in order to pursue a new opportunity.”
Richard A. McGinn retired as Director at Cushman & Wakefield Ltd..
“On August 4, 2022, the Board of Directors (the “Board”) of Cushman & Wakefield plc (the “Company”) received notice that Richard A. McGinn is retiring from the Board, effective immediately.”
Brett White resigned as Chief Executive Officer at Cushman & Wakefield Ltd..
“On December 31, 2021, Cushman & Wakefield plc (the “Company”) and Cushman & Wakefield Global, Inc. entered into a side letter agreement (the “Side Letter”) with Brett White, the Executive Chairman of the Company’s Board of Directors (the “Board”), in connection with Mr. White’s previously announced resignation as Chief Executive Officer of the Company.”
John Forrester changed role as Chief Executive Officer at Cushman & Wakefield Ltd..
“will assume the role of Chief Executive Officer on January 1, 2022.”
John Forrester was appointed as Director at Cushman & Wakefield Ltd..
“appointed John Forrester to the Board, effective January 1, 2022.”
John Forrester was appointed as Chief Executive Officer at Cushman & Wakefield Ltd..
“John Forrester, who will assume the role of Chief Executive Officer of the Company on January 1, 2022, as previously announced.”
Andrew McDonald changed role as President at Cushman & Wakefield Ltd..
“On October 1, 2021, the Company announced that it had promoted Andrew McDonald, 47, to serve as its President effective January 1, 2022.”
Michelle MacKay changed role as President and Chief Operating Officer at Cushman & Wakefield Ltd..
“On October 1, 2021, Cushman & Wakefield plc (the “Company”) announced that it had promoted Michelle MacKay, 55, to serve as its President and Chief Operating Officer effective January 1, 2022.”
Angela A. Sun was appointed as Director at Cushman & Wakefield Ltd..
“the Board appointed Angela A. Sun to the Board, effective November 1, 2021.”
John Forrester was appointed as Chief Executive Officer at Cushman & Wakefield Ltd..
“the Company also announced that John Forrester, currently the Executive Vice President and Global President of the Company, age 58, will assume the role of Chief Executive Officer of the Company as of January 1, 2022.”
Brett White changed role as Executive Chairman at Cushman & Wakefield Ltd..
“Brett White, Executive Chairman and Chief Executive Officer, plans to step down from the position of Chief Executive Office effective as of December 31, 2021.”
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.