Information related to the compensation of Unibail-Rodamco-Westfield senior executives
08 Aprile 2020 - 7:30AM
Information related to the compensation of
Unibail-Rodamco-Westfield senior executives
Paris, Amsterdam, April 8, 2020
Press release
Information related to the compensation of
Unibail-Rodamco-Westfield senior executives
Due to the COVID-19 pandemic,
Unibail-Rodamco-Westfield (URW or “the Group”) has implemented
partial activity measures in various countries to protect its
employees, preserve employment where possible and to allow a swift
return to full capacity as soon as health and safety conditions
permit.
As a sign of solidarity with all employees, and
with the full support of the Supervisory Board of URW, the Group
CEO, Christophe Cuvillier, the Group CFO, Jaap Tonckens, and all
members of the Group’s Senior Management Team have taken the
initiative to reduce their remuneration by -25% for the period
during which the partial activity measures will be in place. In
recognition of this effort, the members of URW’s Supervisory Board
have chosen to reduce their fees by the same percentage, and all
the senior executives of the Group’s US and European management
committees have decided to reduce their fixed income by -20% during
this period.
The unpaid remuneration will be donated to
support efforts to fight the COVID-19 crisis in all countries in
which URW operates.
For further information, please contact:
Media Relations Tiphaine Bannelier-Sudérie +33 1 76 77 57
94 Tiphaine.Bannelier-Suderie@urw.com
Investor Relations Samuel Warwood Maarten Otte +33 1 76
77 58 02Maarten.otte@urw.com
About Unibail-Rodamco-Westfield
Unibail-Rodamco-Westfield is the premier global
developer and operator of Flagship destinations, with a portfolio
valued at €65.3 Bn as at December 31, 2019, of which 86% in retail,
6% in offices, 5% in convention & exhibition venues and 3% in
services. Currently, the Group owns and operates 90 shopping
centres, including 55 Flagships in the most dynamic cities in
Europe and the United States. Its centres welcome 1.2 billion
visits per year. Present on 2 continents and in 12 countries,
Unibail-Rodamco-Westfield provides a unique platform for retailers
and brand events and offers an exceptional and constantly renewed
experience for customers.With the support of its 3,600
professionals and an unparalleled track-record and know-how,
Unibail-Rodamco-Westfield is ideally positioned to generate
superior value and develop world-class projects. As at December 31,
2019, the Group had a development pipeline of €8.3
Bn.Unibail-Rodamco-Westfield distinguishes itself by its Better
Places 2030 agenda, that sets its ambition to create better places
that respect the highest environmental standards and contribute to
better cities.Unibail-Rodamco-Westfield stapled shares are listed
on Euronext Amsterdam and Euronext Paris (Euronext ticker: URW),
with a secondary listing in Australia through Chess Depositary
Interests. The Group benefits from an A- rating from Standard &
Poor’s and from an A3 rating from Moody’s.
For more information, please visit www.urw.com
Visit our Media Library at https://mediacentre.urw.com Follow the
Group updates on Twitter @urw_group, Linkedin
@Unibail-Rodamco-Westfield and Instagram @urw_group
- Information related to the compensation of
Unibail-Rodamco-Westfield senior executives
Grafico Azioni Unibail Rodamco Westfield (BIT:URW)
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Da Mar 2024 a Apr 2024
Grafico Azioni Unibail Rodamco Westfield (BIT:URW)
Storico
Da Apr 2023 a Apr 2024
