Hudson Pacific Properties Executives Forfeit 2024 Performance Awards, Saving $14.3 Million in G&A Costs

Reuters

19 Jun

<a href="https://laohu8.com/S/HPP">Hudson Pacific Properties</a> Executives Forfeit 2024 Performance Awards, Saving $14.3 Million in G&A Costs

Hudson Pacific Properties Inc. has announced changes to its executive compensation plan, with the company's top executives forfeiting their 2024 performance unit equity awards. CEO Victor Coleman, President Mark Lammas, and CFO Harout Diramerian will be impacted by this decision. The move is set to generate a total of $14.3 million in general and administrative savings, with approximately $4.9 million of these savings to be realized in 2025. The remaining savings will be distributed over the following three years.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hudson Pacific Properties Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001482512-25-000106), on June 18, 2025, and is solely responsible for the information contained therein.

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Hudson Pacific Properties Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001482512-25-000106), on June 18, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4223","symbol_name":"办公室房地产信托","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250618:nNDL3C3TMT:1","article_id":"2544188492","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2544188492","pubTimestamp":1750279193,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Hudson Pacific Properties Inc. has announced changes to its executive compensation plan, with the company's top executives forfeiting their 2024 performance unit equity awards. CEO Victor Coleman, President Mark Lammas, and CFO Harout Diramerian will be impacted by this decision. The move is set to generate a total of $14.3 million in general and administrative savings, with approximately $4.9 million of these savings to be realized in 2025. The remaining savings will be distributed over the following three years.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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