CBRE GROUP, INC. (NYSE:CBG) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
(e)
Compensation for Named Executive Officers for 2018
On February16, 2018, the Compensation Committee of our Board of Directors established base salaries, annual performance award targets and long-term equity incentive award targets for 2018 for our named executive officers (listed below) whose compensation was disclosed in the Proxy Statement for our 2017 Annual Meeting of Stockholders.
|
Name |
Base Salary | Annual Performance AwardTarget | Long-Term Equity Incentive AwardTarget | |||
|
Robert E. Sulentic |
$ | 1,000,000 | $ | 2,000,000 | $ | 6,800,000 |
|
President and Chief Executive Officer |
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|
James R. Groch |
$ | 770,000 | $ | 1,155,000 | $ | 3,000,000 |
|
Chief Financial Officer and Global Director of Corporate Development |
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|
T. Ritson Ferguson |
$ | 800,000 | $ | 1,200,000 | $ | 1,600,000 |
|
Chief Executive Officer—CBRE Global Investors |
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|
Michael J. Lafitte |
$ | 735,000 | $ | 1,100,000 | $ | 2,660,000 |
|
Global Group President |
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|
Calvin W. Frese, Jr. |
$ | 700,000 | $ | 1,050,000 | $ | 2,320,000 |
|
Global Group President |
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|
William F. Concannon |
$ | 700,000 | $ | 1,050,000 | $ | 2,320,000 |
|
Global Group President and Chief Executive Officer—Global Workplace Solutions |
About CBRE GROUP, INC. (NYSE:CBG)
CBRE Group, Inc. is a holding company that conducts all of its operations through its subsidiaries. The Company is a commercial real estate services and investment company. The Company operates through the segments: The Americas; Europe, Middle East and Africa (EMEA); Asia Pacific; Global Investment Management, and Development Services. It offers commercial real estate services under the CBRE brand name, investment management services under the CBRE Global Investors brand name and development services under the Trammell Crow Company brand name. Its software as a service (SaaS) products include Protofit and Luma. Protofit allows users to visualize and edit floor plans in two dimension (2D) and three dimension (3D) (including external window views from each floor) and to create customized space layouts in real-time. Luma enables an interactive customized 3D walk-through experience for new, unbuilt and repositioned spaces.