Paramount Group Approves $5 Million in Transaction Bonuses for Executives and Directors

Reuters12-09 06:13

<a href="https://laohu8.com/S/PGRE">Paramount Group</a> Approves $5 Million in Transaction Bonuses for Executives and Directors

Paramount Group Inc. has approved new compensation arrangements in connection with its proposed mergers. The company's board has granted transaction bonuses totaling $5 million to key employees, with executive officers Peter Brindley and Ermelinda Berberi each receiving $950,000. These bonuses are payable upon the closing of the mergers or by June 30, 2026, whichever comes first, provided the executives remain with the company. Additionally, members of the board's advisory transaction committee will receive cash retainers of $100,000 each, while other non-employee directors will receive $50,000 each.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paramount Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-311418), on December 08, 2025, and is solely responsible for the information contained therein.

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