CBRE (NYSE: CBRE) raises equity incentive targets for leaders
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
CBRE Group, Inc. filed an 8-K to update compensation targets for two senior executives. Chad J. Doellinger, Chief Legal & Administrative Officer and Corporate Secretary, has a base salary of $700,000, an annual performance award target of $1,150,000, and a total long-term equity award target of $2,750,000 split equally among time-vested, Core EPS, and relative TSR awards. Daniel G. Queenan, Executive Group President, Trammell Crow Company, also has a base salary of $700,000, an annual performance award target of $1,300,000, and a total long-term equity award target of $3,000,000, with larger time-vested awards. Compensation targets for the company’s other named executive officers remained unchanged.
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
FAQ
What executive compensation changes did CBRE (CBRE) disclose?
CBRE updated compensation targets for two executives, Chad J. Doellinger and Daniel G. Queenan. The changes cover base salary, annual performance awards, and long-term equity incentives, including time-vested, Core EPS-based, and relative total shareholder return (TSR) awards.
What are Chad J. Doellinger’s new compensation targets at CBRE (CBRE)?
Chad J. Doellinger’s package includes a $700,000 base salary and a $1,150,000 annual performance award target. His long-term equity awards total $2,750,000, evenly divided among time-vested, Core EPS, and relative TSR performance-based equity components.
What are Daniel G. Queenan’s new compensation targets at CBRE (CBRE)?
Daniel G. Queenan’s package includes a $700,000 base salary and a $1,300,000 annual performance award target. His long-term equity awards total $3,000,000, with $1,500,000 in time-vested awards and $750,000 each tied to Core EPS and relative TSR.
Did CBRE (CBRE) change compensation for other named executive officers?
CBRE stated that compensation targets for Robert E. Sulentic, Emma E. Giamartino, and Vikram Kohli remained unchanged. Only the compensation targets for Chad J. Doellinger and Daniel G. Queenan were updated in this disclosure.
What types of long-term equity incentives does CBRE (CBRE) use for these executives?
CBRE uses three long-term equity incentive components: time-vested awards, Core EPS-based awards, and relative total shareholder return (TSR) awards. Each component is assigned a specific dollar target within the executives’ overall equity award packages.
When were the new executive compensation targets at CBRE (CBRE) approved?
The new compensation targets for Chad J. Doellinger and Daniel G. Queenan were established on February 25, 2026. CBRE reported these changes in a current report signed by its Chief Financial Officer and Chief Investment Officer.