CBRE adopts new change-in-control severance plan cutting CEO cash severance multiple to 1.5x outside protection period

Reuters03-24
CBRE adopts new change-in-control severance plan cutting CEO cash severance multiple to 1.5x outside protection period
  • CBRE’s board adopted a Second Amended and Restated Change in Control and Severance Plan for Senior Management, effective March 20, 2026, with certain adverse changes for existing participants deferred until March 20, 2027.
  • Outside the Change in Control Protection Period, the cash severance multiple was reduced to 1.5 from 2.0 for the CEO tier and to 1.25 from 1.5 for the executive officer tier.
  • Within the Change in Control Protection Period, cash severance multiples are 2.0 for the CEO tier and 1.5 for the executive officer tier.
  • Pro-rated annual bonus on a qualifying termination is capped at 100% of target and is pro-rated based on days through the last day of active service.
  • Equity acceleration shifts to full-month proration plus an equity multiple, with the equity multiple reduced to 18 months from 24 months for the CEO tier and to 15 months from 18 months for the executive officer tier.


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. CBRE 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: 0001193125-26-119981), on March 23, 2026, and is solely responsible for the information contained therein.

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