Tiptree Inc. Announces New Advisor Compensation Agreement for Outgoing CEO Jonathan Ilany
Tiptree Inc. has announced new compensation terms for Jonathan Ilany, who will transition from his role as Chief Executive Officer to non-executive Vice Chairman of the board effective January 1, 2026. Under the advisor agreement, Ilany will provide consulting and advisory services for one year beginning January 1, 2026. His compensation includes a $500,000 annual consulting fee, a cash incentive based on the company's achievement of specific annual corporate performance objectives, a cash incentive equal to 3.5% of the company's Adjusted EBITDA for the fiscal year ending December 31, 2026, and continued participation in the company's group health plans or COBRA benefits, with premiums paid by the company through the earlier of December 31, 2026 or his eligibility for comparable coverage elsewhere.
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. Tiptree 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: 0001193125-25-320835), on December 16, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.