Michelle MacKay is Chief Executive Officer of Cushman & Wakefield Ltd. (CWK). The company reported total compensation of $9,469,699 for fiscal year 2025.
| Salary | $1,243,269 |
|---|---|
| Bonus | $0 |
| Stock awards | $5,687,408 |
| Option awards | $0 |
| Non-equity incentive plan | $2,500,000 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $39,022 |
| Total | $9,469,699 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure Cushman & Wakefield Ltd. filed April 3, 2026, accession 0001628369-26-000046.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | Chief Executive Officer | $1,243,269 | $0 | $5,687,408 | $0 | $2,500,000 | $0 | $39,022 | $9,469,699 |
| FY2024 | Chief Executive Officer | $1,000,000 | $0 | $6,151,551 | $0 | $2,500,000 | $0 | $30,800 | $9,682,351 |
| FY2023 | Chief Executive Officer | $870,192 | $0 | $2,899,618 | $0 | $890,750 | $0 | $8,250 | $4,668,810 |
| FY2022 | Chief Executive Officer | $750,000 | $0 | $3,224,565 | $0 | $942,000 | $0 | $7,625 | $4,924,190 |
| FY2021 | EVP and Chief Operating Officer | $600,000 | — | $2,750,005 | — | $1,800,000 | — | $7,250 | $5,157,255 |
| FY2020 | EVP and Chief Operating Officer | $408,077 | $496,250 | $2,471,539 | $0 | $0 | — | $7,125 | $3,382,991 |
Totals as disclosed in each year's own compensation disclosure for Cushman & Wakefield Ltd..
| Peer-group chief executive median | $13,653,415 |
|---|---|
| Difference from that median | $-4,183,715 |
| Percentile within the disclosed peer group | 33rd |
| Peers with a disclosed figure | 12 |
Medians and percentiles are computed across the peer group Cushman & Wakefield Ltd. discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Michelle MacKay this page | Chief Executive Officer | $9,469,699 |
| Andrew McDonald | Global President & Chief Operating Officer | $5,780,389 |
| Neil Johnston | Executive Vice President & Chief Financial Officer | $3,464,254 |
| Noelle Perkins | Executive Vice President, Chief Legal Officer & Secretary | $2,346,933 |
| Nathaniel Robinson | Executive Vice President, Chief Investment & Strategy Officer | $2,314,088 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Cushman & Wakefield Ltd. compensation brief.
Michelle MacKay's compensation sits inside Cushman & Wakefield Ltd.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.