Thursday, 3 May 2018

Mathrani’s golden parachute from Brookfield-GGP deal could be worth up to $189M

GGP chief executive Sandeep Mathrani stands to get a payday of up to $189 million when Brookfield Property Partners closes on its $15 billion buyout of the Chicago shopping mall owner. Mathrani would receive $42.1 million in restricted stock and equity through GGP’s incentive plan when the deal closes, and $7.1 million in cash if he’s terminated within the next two years, according to a filing with the Securities & Exchange Commission reported by Crain’s. […]



source https://therealdeal.com/chicago/2018/05/03/mathranis-golden-parachute-from-brookfield-ggp-deal-could-be-worth-up-to-189m/#new_tab

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