Colliers Extends Term Of Existing Management Services Agreement With Its Global Chairman And CEO And Largest Shareholder, Jay S. Hennick, To January 1, 2029
Portfolio Pulse from Benzinga Newsdesk
Colliers has extended the term of its management services agreement with its Global Chairman and CEO, Jay S. Hennick, to January 1, 2029. The agreement was initially set to expire in April 2026.
October 01, 2024 | 11:06 am
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Colliers International Group Inc. has extended its management services agreement with CEO Jay S. Hennick until 2029, providing leadership stability.
The extension of the management services agreement with the CEO ensures leadership stability, which is generally viewed positively by investors. This could lead to a positive short-term impact on the stock price as it reduces uncertainty about future leadership.
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