Seritage entered an amended and restated employment agreement with Adam Metz to continue as Chief Executive Officer and President with updated compensation and term.
| IndividualAdam Metz | RoleChief Executive Officer and President | Type of ChangeAmended and restated employment agreement (continuation) | Effective DateJuly 1, 2026 | ReasonNot disclosed | Replacement InfoNot disclosed | Background DetailsEmployment agreement with initial six-month term (company option to extend six months); annual base salary $1,100,000; annual bonus opportunity for 12-month period beginning July 1, 2026; target bonus increased to $1,300,000 | Board/Committee Role ChangesNot disclosed |
Original SEC Filing:
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