Seritage Growth Properties Approves New Compensation Agreement for COO Eric Dinenberg

Reuters

2025/11/29

<a href="https://laohu8.com/S/SRG">Seritage Growth Properties</a> Approves New Compensation Agreement for COO Eric Dinenberg

Seritage Growth Properties has approved new compensation terms for Chief Operating Officer Eric Dinenberg. Under an amended agreement, Dinenberg will serve a six-month retention period from March 16, 2026, to September 15, 2026, replacing a previously planned one-year renewal. His aggregate compensation and benefits during this period, excluding a potential additional bonus, will be roughly half of what he would have received under a full-year renewal. If the company enters into a change of control or major asset sale during the term, Dinenberg will be eligible for a $1 million bonus at closing. In the event of termination without cause or for good reason during the term, he will receive his unpaid retention bonus, prorated annual bonus, a 2026 cash award, and a lump sum equal to one year of base salary.

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. Seritage Growth Properties 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: 0001193125-25-302564), on November 28, 2025, and is solely responsible for the information contained therein.

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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. Seritage Growth Properties 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. 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Under an amended agreement, Dinenberg will serve a six-month retention period from March 16, 2026, to September 15, 2026, replacing a previously planned one-year renewal. His aggregate compensation and benefits during this period, excluding a potential additional bonus, will be roughly half of what he would have received under a full-year renewal. If the company enters into a change of control or major asset sale during the term, Dinenberg will be eligible for a $1 million bonus at closing. In the event of termination without cause or for good reason during the term, he will receive his unpaid retention bonus, prorated annual bonus, a 2026 cash award, and a lump sum equal to one year of base salary.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. Seritage Growth Properties 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: 0001193125-25-302564), on November 28, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SRG","symbol_name":"Seritage Growth Properties","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251128:nNDL7DXHj9:1","article_id":"2587737470","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2587737470","pubTimestamp":1764364477,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Seritage Growth Properties has approved new compensation terms for Chief Operating Officer Eric Dinenberg. 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His aggregate compensation and benefits during this period, excluding a potential additional bonus, will be roughly half of what he would have received under a full-year renewal. If the company enters into a change of control or major asset sale during the term, Dinenberg will be eligible for a $1 million bonus at closing. In the event of termination without cause or for good reason during the term, he will receive his unpaid retention bonus, prorated annual bonus, a 2026 cash award, and a lump sum equal to one year of base salary.\n      \n\nDisclaimer: 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. 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