Jones Lang LaSalle Incorporated (NYSE:JLL) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Departureof ChiefFinancial Officer
On September18, 2018, Jones Lang LaSalle Incorporated (the “Company”) announced that, Christie B. Kelly, Executive Vice President and Chief Financial Officer, notified the Company that she will be resigning from the Company to pursue other opportunities effective as of September 18, 2018. Ms. Kelly confirmed that her resignation did not result from a disagreement with the Company on any matter relating to the Company’s operations, policies or practices, including its controls or financial related matters. The Company will begin a search for a permanent Chief Financial Officer immediately.
Appointment of Interim Chief Financial Officer
Effective September 18, 2018, Patricia Maxson, Chief Administrative Officer, will assume the role as principal financial officer on an interim basis.
Dr.Maxson has served in her current role as Executive Vice President and Chief Human Resources Officer since March2012. Dr.Maxson will continue to serve in her current role while taking over the Company’s principal financial officer responsibilities until a successor to the principal financial officer role has been appointed. Information regarding Dr.Maxson’s employment history and other matters has been disclosed by the Company in its Definitive Proxy Statement on Schedule 14A, as amended, filed with the Securities and Exchange Commission on April20, 2018.
No new compensation or severance arrangements were entered into in connection with Dr.Maxson’s appointment as interim principal financial officer.
A copy of the Company’s news release relating to Ms.Kelly’s resignation and Dr.Maxson’s appointment is attached hereto as Exhibit99.1.
Cautionary Note Regarding Forward-Looking Information
This report and any exhibits to this report may contain forward-looking statements for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may include, without limitation, known and unknown risks, uncertainties, and other factors which may cause JLL’s actual results, performance, achievements, plans and objectives, to be materially different from those expressed or implied by such forward-looking statements. Any forward-looking statements speak only as of the date of this report, and except to the extent required by applicable securities laws, we expressly disclaim any obligation or undertaking to publicly update or revise any forward-looking statements contained herein to reflect any change in our expectations or results, or any change in events.
We caution investors not to rely unduly on any forward-looking statement and urge you to carefully consider the risks described in our most recent annual report on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K, filed with the Securities and Exchange Commission.
Item 9.01 Financial Statements and Exhibits.