Leadership & Pay ·
JLL CEO Mihir Shah departs April 1, 2027 with $3.6M severance package including salary and incentive payments
JLLJones Lang Lasalle Inc
Jones Lang LaSalle announced that Mihir Shah, currently CEO of Jones Lang LaSalle Technologies and a member of the Global Executive Board, will depart effective April 1, 2027. Under the separation agreement, Shah receives severance equal to 54 weeks of base salary ($675,000), a pro-rated Annual Incentive Plan payment ($590,000), and an additional payment equal to one times his target annual incentive ($2,360,000). He is also eligible for a 2026 bonus payable in March 2027 and COBRA premium reimbursement. Unvested equity awards are forfeited as of the separation date subject to pro-rated vesting terms based on service. The company operates in the commercial real estate services industry.