Marcus & Millichap Inc. Announces New Compensation Agreement for Chief Growth Officer Richard Matricaria

Reuters
06-10
Marcus & Millichap Inc. Announces New Compensation Agreement for Chief Growth Officer Richard Matricaria

Marcus & Millichap Inc. has announced a new employment agreement for Richard Matricaria, who was recently appointed as Senior Vice President and Chief Growth Officer. Effective retroactively from May 1, 2025, the agreement outlines that Mr. Matricaria will receive an annual base salary of $400,000. He is also eligible for an annual discretionary cash bonus with a target of $600,000, contingent upon meeting individual and company goals. Additionally, the agreement includes potential equity grants up to 50% of the cash bonus amount and a one-time relocation allowance of up to $75,000 for moving-related expenses. The full details are available in the company's Form 8-K filing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-137858), on June 09, 2025, and is solely responsible for the information contained therein.

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