Douglas Elliman Appoints New Director, Director Departs
Ticker: DOUG · Form: 8-K · Filed: Dec 17, 2024 · CIK: 1878897
| Field | Detail |
|---|---|
| Company | Douglas Elliman Inc. (DOUG) |
| Form Type | 8-K |
| Filed Date | Dec 17, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-change, executive-compensation
Related Tickers: DOUG
TL;DR
Elliman's board is changing: Lorber out, Odzer in. Exec comp details still pending.
AI Summary
Douglas Elliman Inc. announced on December 13, 2024, the departure of Director Howard Lorber and the election of new Director Steven M. Odzer. The company also reported on compensatory arrangements for its named executive officers, though specific details of these arrangements were not provided in this filing.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, while updates on executive compensation are closely watched by investors.
Risk Assessment
Risk Level: medium — Board changes and executive compensation disclosures can impact investor confidence and stock performance.
Key Players & Entities
- Douglas Elliman Inc. (company) — Registrant
- Howard Lorber (person) — Departing Director
- Steven M. Odzer (person) — Newly Elected Director
- December 13, 2024 (date) — Date of earliest event reported
FAQ
Who has been appointed as a new director to the Douglas Elliman Inc. board?
Steven M. Odzer has been elected as a new director to the Douglas Elliman Inc. board.
Which director has departed from Douglas Elliman Inc.?
Howard Lorber has departed from his role as a director at Douglas Elliman Inc.
What is the date of the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on December 13, 2024.
What is the principal executive office address for Douglas Elliman Inc.?
The principal executive offices of Douglas Elliman Inc. are located at 4400 Biscayne Boulevard, Miami, Florida 33137.
What is the filing date for this Form 8-K?
This Form 8-K was filed as of December 17, 2024.
Filing Stats: 440 words · 2 min read · ~1 pages · Grade level 11.3 · Accepted 2024-12-17 17:19:40
Key Financial Figures
- $0.01 — ch registered: Common stock, par value $0.01 per share DOUG New York Stock Exchange
Filing Documents
- doug-20241213.htm (8-K) — 27KB
- 0001878897-24-000062.txt ( ) — 174KB
- doug-20241213.xsd (EX-101.SCH) — 2KB
- doug-20241213_def.xml (EX-101.DEF) — 14KB
- doug-20241213_lab.xml (EX-101.LAB) — 25KB
- doug-20241213_pre.xml (EX-101.PRE) — 15KB
- doug-20241213_htm.xml (XML) — 3KB
From the Filing
doug-20241213 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 13, 2024 DOUGLAS ELLIMAN INC. (Exact Name of Registrant as Specified in Its Charter) Delaware (State or Other Jurisdiction of Incorporation) 001-41054 87-2176850 (Commission File Number) (I.R.S. Employer Identification No.) 4400 Biscayne Boulevard Miami Florida 33137 (Address of Principal Executive Offices) (Zip Code) ( 305 ) 579-8000 (Registrant's Telephone Number, Including Area Code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities Registered Pursuant to 12(b) of the Act: Title of each class: Trading Name of each exchange Symbol(s) on which registered: Common stock, par value $0.01 per share DOUG New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements with Certain Officers. Retirement of Executive Vice President and Chief Operating Officer On December 13, 2024, Richard J. Lampen, age 71, notified the Board of Directors of Douglas Elliman Inc, (the "Company") of his decision to retire voluntarily effective December 13, 2024 as Executive Vice President and Chief Operating Officer of the Company. Mr. Lampen will continue to serve following his retirement as a non-employee member of the Board of Directors of the Company. 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. DOUGLAS ELLIMAN INC. By: /s/ J. Bryant Kirkland III J. Bryant Kirkland III Executive Vice President, Chief Financial Officer, Treasurer and Secretary Date: December 17, 2024