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The latest update is out from Empire State Realty OP Series 250 ( (FISK) ).
Empire State Realty Trust, Inc. has approved a new employment agreement with Anthony E. Malkin, extending his role as Chairman and CEO until October 2027, with automatic one-year renewals unless notice is given. The agreement includes a $1 million retention bonus to encourage Malkin to stay until the end of the term, payable upon completion or earlier termination without Cause, as outlined in the terms of the new agreement. This move aims to provide stability and continued leadership to the company.
See more data about FISK stock on TipRanks’ Stock Analysis page.
