CBRE Group, Inc. Announces 2025 Executive Compensation and By-Laws Amendment
Dallas, TX – March 5, 2025 – CBRE Group, Inc. (NYSE: CBRE) has announced new compensation targets for its named executive officers and amendments to its corporate By-Laws, effective immediately.
Executive Compensation Updates
The CBRE Board of Directors has approved revised base salaries, annual performance awards, and long-term equity incentives for the following executives:
Name Base Salary Annual Performance Award Target Time Vest Award Target Core EPS Award Target Relative TSR Award Target Total Equity Award Target
Robert E. Sulentic, Chair and CEO $1,350,000 $2,700,000 $5,983,333 $5,983,333 $5,983,333 $17,950,000
Emma E. Giamartino, CFO $775,000 $1,160,000 $1,605,000 $1,605,000 $1,605,000 $4,815,000
Daniel G. Queenan, CEO, Trammell Crow Company $775,000 $1,160,000 $1,355,000 $1,355,000 $1,355,000 $4,065,000
Compensation targets for John E. Durburg, another named executive officer, remain unchanged.
By-Laws Amendment: Removal of Director Term Limits
Effective March 5, 2025, CBRE’s Board of Directors has rescinded the 12-year term limit for directors by amending and restating Article II, Section 2 of the Company’s By-Laws. This change enhances continuity and flexibility in board leadership.
The compensation adjustments and governance changes reflect CBRE’s commitment to leadership stability and long-term value creation for its stakeholders.
2025-03-10
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