UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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This Current Report on Form 8-K is filed by CBRE Group, Inc., a Delaware corporation (the “Company”), in connection with the matters described herein.
Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On January 20, 2023, the Company and Michael J. Lafitte, who is currently serving as Global Group President, CBRE Client Care and Chief Executive Officer of Trammell Crow Company, mutually agreed that Mr. Lafitte would depart from the Company on February 17, 2023.
Mr. Lafitte will receive payments and benefits afforded to senior executives under the Company’s Amended and Restated Change in Control and Severance Plan for Senior Management, and will remain eligible to receive a pro rata portion of the one-time Strategic Equity Awards granted to Mr. Lafitte (along with other senior executives of the Company) in 2017.
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: January 25, 2023 | CBRE GROUP, INC. | |||||
By: | /s/ EMMA E. GIAMARTINO | |||||
Emma E. Giamartino | ||||||
Global Group President and Chief Financial Officer |