AIMCO Approves CEO Retention and Bonus Agreement Amid Liquidation Plan

Reuters2025-12-31

AIMCO Approves CEO Retention and Bonus Agreement Amid Liquidation Plan

Apartment Investment & Management Company (Aimco) has approved a new compensation agreement for CEO Wesley Powell. Under the terms, Powell will receive a bonus prepayment and a retention award tied to the successful execution of Aimco’s recently approved Plan of Sale and Liquidation. The agreement includes repayment provisions requiring Powell to return the awards on an after-tax basis if he resigns or is terminated for cause before specified dates. Aimco may offset unpaid repayment obligations by cancelling Powell’s vested shares equal to the owed amount. Powell must also sign a release agreement in favor of Aimco to retain the retention award if his employment ends after the relevant payment date.

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. AIMCO - Apartment Investment & Management Company 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: 0001193125-25-337136), on December 30, 2025, and is solely responsible for the information contained therein.

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Under the terms, Powell will receive a bonus prepayment and a retention award tied to the successful execution of Aimco’s recently approved Plan of Sale and Liquidation. The agreement includes repayment provisions requiring Powell to return the awards on an after-tax basis if he resigns or is terminated for cause before specified dates. Aimco may offset unpaid repayment obligations by cancelling Powell’s vested shares equal to the owed amount. Powell must also sign a release agreement in favor of Aimco to retain the retention award if his employment ends after the relevant payment date.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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ID: 0001193125-25-337136), on December 30, 2025, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK5061","symbol_name":"环境与设施服务","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251230:nNDL2f1LBQ:1","article_id":"2595871705","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2595871705","pubTimestamp":1767129669,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Apartment Investment & Management Company  has approved a new compensation agreement for CEO Wesley Powell. 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Under the terms, Powell will receive a bonus prepayment and a retention award tied to the successful execution of Aimco’s recently approved Plan of Sale and Liquidation. The agreement includes repayment provisions requiring Powell to return the awards on an after-tax basis if he resigns or is terminated for cause before specified dates. Aimco may offset unpaid repayment obligations by cancelling Powell’s vested shares equal to the owed amount. Powell must also sign a release agreement in favor of Aimco to retain the retention award if his employment ends after the relevant payment date.\n      \n\n\nDisclaimer: 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. 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