Omega Healthcare Investors Inc. has amended the employment agreements of its named executive officers, extending their terms through December 31, 2028, and revising annual salaries following a Compensation Committee review. Notably, President Matthew Gourmand’s annual bonus opportunity was increased, with high performance bonuses now reaching up to 200% of base salary, target levels at 125%, and threshold levels at 75%. Gourmand’s potential severance pay in cases of termination without cause or with good reason was raised from a multiple of two to three times the sum of annual base salary and the three-year average annual bonus, to be paid over three years. Additionally, his non-compete and non-solicitation period was extended to three years post-employment. For Chief Legal Officer and General Counsel Gail Makode, severance pay in similar termination scenarios was increased from one and a half to two times the sum of annual base salary and the three-year average annual bonus, payable over two years, with post-employment restrictions extended to two years.
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. Omega Healthcare Investors 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: 0001104659-26-001774), on January 07, 2026, and is solely responsible for the information contained therein.
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