OHI amends executive employment agreements, extends terms to December 31, 2028
Effective as of January 1, 2026, Omega Healthcare Investors amended the employment agreements of its named executive officers, extending each term by one year to December 31, 2028 and revising salaries after an annual Compensation Committee review. The amendments also raised bonus opportunities and severance terms for President Matthew Gourmand and Chief Legal Officer Gail Makode, which could increase the company's potential future payouts to these executives.
Key points
- Agreements of all named executive officers extended by one year to December 31, 2028
- Gourmand's bonus opportunity raised: high performance 125% to 200% of base salary; target 75% to 125%; threshold 50% to 75%
- Gourmand severance raised from two times to three times the sum of base salary and three-year average bonus, payable over three years
The filing
Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 07, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.