Angela Sun

About Angela Sun

Angela Sun is an independent director at Cushman & Wakefield, serving since 2021. She is a partner at Hyland Ventures (2022–present) with prior senior roles at Alpha Edison and Bloomberg (Global Head of Strategy & Corporate Development; Chief of Staff to the CEO), and earlier experience at McKinsey, JPMorgan, and the Bloomberg administration. Age was listed as 50 in the 2025 Proxy (April 4, 2025) and as 51 in the Redomiciliation Proxy (as of August 26, 2025) .

Past Roles

External Roles

Board Governance

• Committees: Compensation Committee (member) and Nominating & Corporate Governance (NomGov) Committee (member) .
• Committee chairs: Compensation—Michelle Felman (Chair); NomGov—Jodie McLean (Chair) .
• Committee meetings in 2024: Audit—11; Compensation—4; NomGov—4 .
• Independence: Board determined she is independent; all standing committees comprise only independent directors .
• Attendance: In 2024, each director attended at least 75% of Board and relevant committee meetings; Board held 4 meetings; five of 10 then-current directors attended the 2024 AGM .
• Board class/term: Class III; term expires at the 2027 annual meeting .
• Independent director executive sessions occur regularly; Lead Independent Director is Billie Williamson .

Fixed Compensation

Director compensation program (structure): Non-employee directors receive a $110,000 annual cash retainer plus additional cash for committee roles (chairs/members), and an annual RSU award of $180,000; Lead Director and Non-Executive Chair receive additional cash and equity; 2024 RSUs granted on or after May 16, 2024 vest on the first anniversary of grant .

Notes: Non-employee director equity is in RSUs (no options); directors do not participate in executive incentive plans or receive benefits .

Performance Compensation

Directors do not receive performance-based cash or options; equity is time-vesting RSUs solely for alignment/retention .

Other Directorships & Interlocks

• Current public board: Western Union (WU) .
• No Compensation Committee interlocks or related-party relationships were disclosed for Ms. Sun in 2024; the company states none existed for committee members (includes Ms. Sun) under Item 404 of Regulation S-K .

Expertise & Qualifications

• Strategic planning, operations, and business development across finance, technology, government, healthcare, and media; M&A and capital markets experience .
• Government/regulatory perspective from NYC administration and real estate development oversight .
• Recognized for establishing Bloomberg Gender Equality Index; enhances ESG/human capital insights .
• Public company board experience supports NomGov priorities .

Equity Ownership

Stock ownership guidelines: Non-employee directors must hold 5x annual base cash retainer in “Qualifying Equity”; must retain 100% of after-tax shares until compliant. As of Dec 31, 2024, all directors were in compliance. Hedging, short sales, margin accounts, and pledging are prohibited .

Governance Assessment

• Board effectiveness: Active service on Compensation and NomGov (both entirely independent) suggests strong engagement with pay governance, board refreshment, and ESG/human capital oversight. Committee activity levels (4 meetings each in 2024) are consistent with standard cadence .
• Independence and attendance: Independent under NYSE rules; met minimum attendance thresholds; the Board conducts regular independent executive sessions under a Lead Independent Director structure .
• Ownership alignment: Compliant with the 5x retainer ownership requirement; RSU-based equity (no options) and prohibitions on hedging/pledging support alignment and reduce risk-taking incentives .
• Compensation quality: Director pay mix balances cash with time-vested RSUs; no meeting fees disclosed; no options or performance equity for directors; no tax gross-ups as part of broader governance posture .
• Conflicts/related party: No Item 404 related-party transactions disclosed for Ms. Sun or interlocks via the Compensation Committee; no pledging allowed .
• Term and refresh: Class III director with term expiring 2027; ongoing declassification proposal as part of redomiciliation indicates continued governance evolution .

RED FLAGS: None identified specific to Ms. Sun. No related-party transactions disclosed; hedging/pledging prohibited; attendance threshold met; ownership guideline compliance reported .

Board Governance (Detail Table)

Director Compensation (Detail Table)

Other Directorships & Interlocks (Detail Table)

Citations:
- Biography, roles, and other boards: **[1628369_0001628369-25-000012_cwk-20250404.htm:9]**
- Committee assignments and chairs: **[1628369_0001628369-25-000012_cwk-20250404.htm:19]** **[1628369_0001628369-25-000012_cwk-20250404.htm:40]**
- Board/committee meetings, attendance: **[1628369_0001628369-25-000012_cwk-20250404.htm:18]**
- Independence determination: **[1628369_0001628369-25-000012_cwk-20250404.htm:12]**
- Class/term: **[1628369_0001628369-25-000012_cwk-20250404.htm:11]**
- Director compensation program and director table: **[1628369_0001628369-25-000012_cwk-20250404.htm:127]** **[1628369_0001628369-25-000012_cwk-20250404.htm:15]**
- Equity award practices and options policy: **[1628369_0001628369-25-000012_cwk-20250404.htm:40]** **[1628369_0001628369-25-000012_cwk-20250404.htm:127]**
- Ownership guidelines, hedging/pledging restrictions, and compliance: **[1628369_0001628369-25-000012_cwk-20250404.htm:20]** **[1628369_0001628369-25-000012_cwk-20250404.htm:121]**
- Shareholdings at 12/31/2024: **[1628369_0001628369-25-000012_cwk-20250404.htm:128]**
- Beneficial ownership at 8/26/2025 and shares outstanding: **[1628369_0001308179-25-000588_cwk014520-def14a.htm:145]**
- Board composition, LID context: **[1628369_0001628369-25-000012_cwk-20250404.htm:13]** **[1628369_0001628369-25-000012_cwk-20250404.htm:18]**
- Current directors and ages (Aug 26, 2025): **[1628369_0001308179-25-000588_cwk014520-def14a.htm:141]**
- Compensation Committee interlocks/related-party (none): **[1628369_0001628369-25-000012_cwk-20250404.htm:15]**