Howard Hughes Holdings ( (HHH) ) has provided an announcement.
On April 1, 2025, Howard Hughes Holdings Inc. announced amendments to the employment agreements of its executive officers, including David R. O’Reilly, Carlos Olea, and Joseph Valane. These amendments revise the definition of ‘Good Reason,’ introduce the term ‘Transaction,’ and extend the terms of O’Reilly’s and Olea’s agreements to December 31, 2028. Additionally, O’Reilly’s annual target Long-Term Incentive Plan award is increased to $4.5 million. On April 2, 2025, the company and its President, L. Jay Cross, agreed not to renew his employment agreement upon its expiration on December 1, 2025, marking a significant leadership change.
More about Howard Hughes Holdings
YTD Price Performance: -6.90%
Average Trading Volume: 447,837
Technical Sentiment Signal: Strong Buy
Current Market Cap: $3.56B
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