Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Re/Max Holdings Inc    RMAX

Mes dernières consult.
Most popular
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

RE/MAX HOLDINGS, INC. : Change in Directors or Principal Officers, Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K)

share with twitter share with LinkedIn share with facebook
share via e-mail
02/09/2018 | 10:15pm CEST

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 9, 2018, RE/MAX Holdings, Inc. announced the retirement of Geoffrey Lewis, the President of RE/MAX, LLC (the "Company") effective June 30, 2018 (the "Retirement Date"). Mr. Lewis will remain with the Company as Senior Advisor through the Retirement Date.

On February 8, 2018, the Company entered into a Separation Agreement, Waiver and Release with Mr. Lewis (the "Separation Agreement"), pursuant to which Mr. Lewis will be eligible to receive his salary of $500,000 per year payable in the form of salary continuation during the three year and three month period following the Retirement Date, a cash bonus of approximately $65,000 under his 2017 performance incentive plan and various other benefits.

Pursuant to the Separation Agreement, Mr. Lewis has granted customary release and non-disparagement terms in favor of the Company and its affiliates and has agreed to a one-year non-compete as well as a non-solicitation for the duration of the salary continuation period.

The Separation Agreement provides that the employment agreement dated July 1, 2010, between Mr. Lewis and the Company was terminated as of the date of the Separation Agreement.

RE/MAX Holdings, Inc. is the sole manager of RMCO, LLC and the Company is a wholly-owned subsidiary of RMCO, LLC.

Item 7.01    Regulation FD Disclosure. *

RE/MAX Holdings, Inc. issued a press release on February 9, 2018 regarding Mr. Lewis's retirement. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01.   Financial Statements and Exhibits. *

No.                     Description
99.1        Press Release dated February 9, 2018


* The information contained in Item 7.01 and Exhibit 99.1 of Item 9.01 of this Current Report on Form 8-K is being "furnished" and shall not be deemed "filed" for purposed of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any registration statement or other filings of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be set forth by specific reference in such filing.



© Edgar Online, source Glimpses

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on RE/MAX HOLDINGS INC
05/16RE/MAX : April 2018 RE/MAX National Housing Report
05/16RE/MAX : Home Sales Increase 2.3% Despite Peaking Prices, Ever-Shrinking Invento..
05/15RE/MAX : Retirees drive Canada's recreational property market, blurring the line..
05/07RE/MAX HOLDINGS,INC. (NYSE : RMAX) Files An 8-K Regulation FD Disclosure
05/04RE/MAX HOLDINGS, INC. : Regulation FD Disclosure, Financial Statements and Exhib..
05/04RE/MAX : 80 Motto Mortgage Franchises Sold Coast To Coast
05/04RE/MAX HOLDINGS INC : RE/MAX Holdings, Inc. to Host Earnings Call
05/04RE/MAX : 1Q Earnings Snapshot
05/03RE/MAX HOLDINGS, INC. : Results of Operations and Financial Condition, Financial..
05/03RE/MAX : Reports First Quarter 2018 Results
More news
News from SeekingAlpha
05/11ZILLOW : Higher Revenues, With Higher Losses 
05/06RE/MAX's (RMAX) CEO Adam Contos on Q1 2018 Results - Earnings Call Transcript 
05/04RE/MAX Holdings, Inc. 2018 Q1 - Results - Earnings Call Slides 
05/03RE/MAX Holdings beats by $0.10, beats on revenue 
05/02RE/MAX Holdings declares $0.20 dividend