Cushman & Wakefield plc Files Definitive Proxy Statement (DEF 14A)
Ticker: CWK · Form: DEF 14A · Filed: Apr 5, 2024 · CIK: 1628369
Sentiment: neutral
Topics: DEF 14A, Proxy Statement, Cushman & Wakefield, Executive Compensation, Corporate Governance
TL;DR
<b>Cushman & Wakefield plc has filed its Definitive Proxy Statement (DEF 14A) detailing executive compensation and corporate governance for the period ending May 16, 2023.</b>
AI Summary
Cushman & Wakefield plc (CWK) filed a Proxy Statement (DEF 14A) with the SEC on April 5, 2024. Cushman & Wakefield plc filed a Definitive Proxy Statement (DEF 14A) on April 5, 2024. The filing covers the period ending May 16, 2023. The company's principal executive offices are located at 125 Old Broad Street, London, EC2N 1AR. The filing includes details on executive compensation, including stock awards for PEO and Non-PEO members. The fiscal year end for Cushman & Wakefield plc is December 31.
Why It Matters
For investors and stakeholders tracking Cushman & Wakefield plc, this filing contains several important signals. This filing is crucial for shareholders to understand executive compensation structures and make informed voting decisions at the upcoming annual meeting. The detailed breakdown of stock awards and their valuation provides transparency into how executive performance is incentivized and rewarded.
Risk Assessment
Risk Level: low — Cushman & Wakefield plc shows low risk based on this filing. The filing is a standard DEF 14A, which is routine for public companies and does not indicate any unusual financial or operational distress.
Analyst Insight
Shareholders should review the executive compensation details and any proposed resolutions before the annual meeting.
Executive Compensation
| Name | Title | Total Compensation |
|---|---|---|
| MrForrester | PEO Member | |
| MsMacKay | PEO Member | |
| Non-PEO Neo Member | Non-PEO Neo Member |
Key Numbers
- 2024-04-05 — Filing Date (DEF 14A Filing Date)
- 2023-05-16 — Period of Report (Conformed Period of Report)
- 1231 — Fiscal Year End (Company Fiscal Year End)
- 001-38611 — SEC File Number (SEC File Number)
Key Players & Entities
- Cushman & Wakefield plc (company) — Filer
- 125 Old Broad Street (address) — Business and Mail Address
- London (location) — Business and Mail Address City
- EC2N 1AR (postal_code) — Business and Mail Address ZIP
- MrForrester (person) — Executive Compensation Member
- MsMacKay (person) — Executive Compensation Member
- MrWhite (person) — Executive Compensation Member
- 1934 Act (regulation) — SEC Act
FAQ
When did Cushman & Wakefield plc file this DEF 14A?
Cushman & Wakefield plc filed this Proxy Statement (DEF 14A) with the SEC on April 5, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Cushman & Wakefield plc (CWK).
Where can I read the original DEF 14A filing from Cushman & Wakefield plc?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Cushman & Wakefield plc.
What are the key takeaways from Cushman & Wakefield plc's DEF 14A?
Cushman & Wakefield plc filed this DEF 14A on April 5, 2024. Key takeaways: Cushman & Wakefield plc filed a Definitive Proxy Statement (DEF 14A) on April 5, 2024.. The filing covers the period ending May 16, 2023.. The company's principal executive offices are located at 125 Old Broad Street, London, EC2N 1AR..
Is Cushman & Wakefield plc a risky investment based on this filing?
Based on this DEF 14A, Cushman & Wakefield plc presents a relatively low-risk profile. The filing is a standard DEF 14A, which is routine for public companies and does not indicate any unusual financial or operational distress.
What should investors do after reading Cushman & Wakefield plc's DEF 14A?
Shareholders should review the executive compensation details and any proposed resolutions before the annual meeting. The overall sentiment from this filing is neutral.
How does Cushman & Wakefield plc compare to its industry peers?
Cushman & Wakefield plc operates in the Real Estate industry, providing a broad range of services globally.
Are there regulatory concerns for Cushman & Wakefield plc?
As a public company, Cushman & Wakefield plc is subject to SEC regulations, including the requirement to file proxy statements (DEF 14A) for shareholder meetings.
Industry Context
Cushman & Wakefield plc operates in the Real Estate industry, providing a broad range of services globally.
Regulatory Implications
As a public company, Cushman & Wakefield plc is subject to SEC regulations, including the requirement to file proxy statements (DEF 14A) for shareholder meetings.
What Investors Should Do
- Review the detailed executive compensation tables for PEO and Non-PEO members.
- Understand the proposals to be voted on at the upcoming shareholder meeting.
- Assess the company's corporate governance practices as outlined in the filing.
Key Dates
- 2024-04-05: Filing of DEF 14A — Provides details on executive compensation and corporate governance.
Year-Over-Year Comparison
This is a DEF 14A filing, which is a routine disclosure for public companies regarding their annual shareholder meetings and executive compensation.
Filing Stats: 4,339 words · 17 min read · ~14 pages · Grade level 16.9 · Accepted 2024-04-05 09:20:50
Key Financial Figures
- $9.5 b — 2022 and 2021, we generated revenues of $9.5 billion, $10.1 billion and $9.4 billion,
- $10.1 billion — we generated revenues of $9.5 billion, $10.1 billion and $9.4 billion, respectively, and ser
- $9.4 b — nues of $9.5 billion, $10.1 billion and $9.4 billion, respectively, and service line f
- $6.5 b — tively, and service line fee revenue of $6.5 billion, $7.2 billion and $6.9 billion, r
- $7.2 billion — rvice line fee revenue of $6.5 billion, $7.2 billion and $6.9 billion, respectively. Since
- $6.9 b — venue of $6.5 billion, $7.2 billion and $6.9 billion, respectively. Since 2014, we ha
Filing Documents
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Executive Compensation Tables
Executive Compensation Tables 50 Employment Arrangements 54 Potential Payments Upon Termination or Change in Control 60 CEO Pay Ratio 62 Pay Versus Performance 63 PROPOSAL 5 – Advisory Vote on Compensation of Named Executive Officers 67 PROPOSAL 6 – Advisory Vote on Directors' Remuneration Report 68 PROPOSAL 7 – Approval of The Amended Directors' Remuneration Policy 69 PROPOSAL 8 – Approval of an Amendment to our Omnibus Management Share and Cash Incentive Plan 71 PROPOSAL 9 – Approval of an Amendment to our Non-Employee Director Share and Cash Incentive Plan 77 SECURITY 83 EQUITY COMPENSATION PLAN INFORMATION 85 CERTAIN RELATIONSHIPS AND RELATED-PARTY TRANSACTIONS 86 OTHER IMPORTANT INFORMATION FOR SHAREHOLDERS 88 Special Note Regarding Forward Looking Statement 88 Communications with the Board 88 Submission of Shareholder Proposals and Board Nominees 88 Shareholder Rights under English Law 89 Shareholder Requests under Section 527 of the U.K. Companies Act 90 GENERAL INFORMATION ABOUT THE ANNUAL MEETING 91 Voting Instructions and Information 91 ANNEX A: RECONCILIATION OF GAAP AND NON-GAAP FINANCIAL MEASURES A-1 Use of Non-GAAP Financial Measures A-1 ANNEX B: DIRECTOR REMUNERATION REPORT B-1 ANNEX C: SECOND AMENDED & RESTATED 2018 OMNIBUS MANAGEMENT SHARE AND CASH INCENTIVE PLAN C-1 ANNEX D: SECOND AMENDED & RESTATED 2018 OMNIBUS NON-EMPLOYEE DIRECTOR SHARE AND CASH INCENTIVE PLAN D-1 References in this Proxy Statement to "Cushman & Wakefield," "Cushman," the "Company," the "Group," "we," "us" or "our" refer to Cushman & Wakefield plc and include all of its consolidated subsidiaries, unless the context indicates otherwise. References to the "Board" refer to our Board of Directors. CUSHMAN & WAKEFIELD | 2024 PROXY STATEMENT 6 Back to Contents CORPORATE GOVERNANCE Highlights Corporate Governance Compensation Accountability Shareholder Rights 10 directors, 8 of w