tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

BXP Extends CEO Tenure and Launches 2025 Outperformance Plan

Story Highlights
  • BXP extended CEO Owen Thomas’s contract to 2029, aligning leadership stability with its multi-year strategic action plan.
  • BXP launched a 2025 Outperformance Plan granting performance-based equity to senior executives, tightly linking pay to ambitious stock return targets and adding about $32 million of expense over four years.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
BXP Extends CEO Tenure and Launches 2025 Outperformance Plan

Claim 70% Off TipRanks This Holiday Season

BXP ( (BXP) ) has issued an update.

On December 22, 2025, BXP extended and amended the employment agreement of Chief Executive Officer and Chairman Owen D. Thomas, committing him to remain in the role through December 31, 2029, a move designed to ensure leadership continuity and align his tenure with the company’s multi-year strategic action plan introduced in September 2025; the agreement preserves his existing compensation structure while formalizing retirement-related equity treatment and maintaining robust change-in-control and non-compete provisions. On the same date, the board approved a 2025 Outperformance Plan that grants up to 711,864 performance-based LTIP units to Thomas and other senior executives, with vesting tied to both service and ambitious stock price and dividend-adjusted performance thresholds—requiring at least a roughly 30% share price increase before any payout and up to about a 70% gain for maximum awards—intended to tightly link executive pay to shareholder returns; BXP expects to recognize about $32.1 million of related compensation expense over the four-year performance period, including roughly $11.6 million in 2026, a modest earnings headwind that signals a stronger emphasis on performance-driven, shareholder-aligned incentives for top management.

The most recent analyst rating on (BXP) stock is a Buy with a $79.00 price target. To see the full list of analyst forecasts on BXP stock, see the BXP Stock Forecast page.

Spark’s Take on BXP Stock

According to Spark, TipRanks’ AI Analyst, BXP is a Neutral.

BXP’s overall score reflects strong leasing performance and strategic asset sales, which are offset by profitability challenges and high leverage. The positive earnings call and stable cash flow generation provide some support, but valuation concerns due to negative earnings weigh on the score.

To see Spark’s full report on BXP stock, click here.

More about BXP

BXP, Inc. (NYSE: BXP) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, operating as a fully integrated real estate investment trust (REIT) with a portfolio concentrated in six gateway markets—Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. As of September 30, 2025, including properties owned through unconsolidated joint ventures, BXP’s portfolio comprised 187 properties totaling 54.6 million square feet, including eight assets under construction or redevelopment, underscoring its scale and focus on high-quality office and workplace assets in major urban markets.

Average Trading Volume: 1,671,523

Technical Sentiment Signal: Sell

Current Market Cap: $11.97B

For a thorough assessment of BXP stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1