CBRE Group Inc.
CBRE Group, Inc. Updates Executive Compensation with New RSU Agreements
Summary
On March 5, 2024, CBRE Group, Inc.'s Compensation Committee approved new forms of Restricted Stock Unit (RSU) award agreements under the Amended and Restated 2019 Equity Incentive Plan. The new agreements, which apply to the annual equity grant made on the same day, include Time Vesting RSUs, Core EPS Performance Vesting RSUs, and Relative TSR Performance Vesting RSUs. These agreements tie the vesting of RSUs to various performance metrics and timeframes, enhancing the alignment of executive compensation with company performance.
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Exhibits (3)
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About CBRE Group Inc.
CBRE Group Inc. operates as a leading commercial real estate services and investment firm globally. The company's primary purpose is to offer a broad array of real estate solutions, sector-driven insights, and advisory services to a diverse clientele that includes corporations, property owners, investors, and developers. CBRE provides expertise in property management, strategic consulting, valuation, project management, and capital markets operations. Known for its vast geographic presence, CBRE serves numerous industries, encompassing sectors such as retail, industrial, office, and healthcare. With comprehensive service offerings, the firm plays a vital role in shaping urban landscapes and responding to market dynamics. Headquartered in Dallas, Texas, CBRE Group Inc. leverages its extensive global network and local market expertise to drive innovation and sustainable practices, profoundly influencing how real estate industry challenges are addressed across the world.
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