Brief: Five Point Holdings Announces Changes To Its Board & Executive Positions

Five Point Holdings LLC

24/08/2021 01:48

Aug 23 (Reuters) - Five Point Holdings LLC  FPH.N :
    * FIVE POINT HOLDINGS, LLC ANNOUNCES CHANGES TO ITS BOARD &
EXECUTIVE POSITIONS
    * FIVE POINT HOLDINGS- FOUNDER, EMILE HADDAD, WILL STEP
DOWN,
TRANSITION FROM ROLES AS CHAIRMAN, CEO AND PRESIDENT EFFECTIVE
SEPTEMBER 30
    * HADDAD WILL REMAIN AS A MEMBER OF BOARD OF DIRECTORS, AND
AS
COMPANY FOUNDER, BOARD ELECTED HIM AS CHAIRMAN EMERITUS
    * COMPANY HAS ENGAGED HADDAD AS A SENIOR ADVISOR UNDER AN
AGREEMENT WITH AN INITIAL TERM OF THREE YEARS
    * BOARD NAMED STUART MILLER AS EXECUTIVE CHAIRMAN, LYNN
JOCHIM AS
PRESIDENT IN ADDITION TO RETAINING HER POSITION AS COO

Source text for Eikon:  ID:nBw2gShYka 
Further company coverage:  FPH.N 

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