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Howard Hughes Holdings Announces Leadership Changes

Story Highlights
  • Howard Hughes Holdings amended executive agreements, extending terms and revising definitions.
  • President L. Jay Cross will not renew his agreement, ending his role by December 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Howard Hughes Holdings Announces Leadership Changes

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

Find detailed analytics on HHH stock on TipRanks’ Stock Analysis page.

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