UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the
Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): January 1, 2008

 

CB RICHARD ELLIS GROUP, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

 

001-32205

 

94-3391143

(State or other
jurisdiction
of incorporation)

 

(Commission File
Number)

 

(IRS Employer
Identification No.)

 

11150 Santa Monica Blvd., Suite 1600, Los Angeles,
California

 

90025

(Address of Principal Executive Offices)

 

(Zip Code)

 

(310) 405-8900

Registrant’s Telephone Number, Including Area Code

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12(b))

 

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 


 

This Current Report on Form 8-K is filed by CB Richard Ellis Group, Inc., a Delaware corporation (the “Company”), in connection with the matters described herein.

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

 

Effective January 1, 2008, the Company increased the cash compensation of Robert Blain, President of Asia-Pacific Operations, to $520,000.00 in base salary (from $460,000.00) and $520,000 as a performance target for 2008 (from $460,000.00).

 

The Company intends to provide additional information regarding the compensation awarded to Mr. Blain and our other named executive officers for the year ended December 31, 2007 in the proxy statement for the Company’s 2008 annual meeting.

 

Signature

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

Date: January 7, 2008

 

CB RICHARD ELLIS GROUP, INC.

 

 

 

 

By:

/s/ KENNETH J. KAY

 

 

 

Kenneth J. Kay

 

 

Chief Financial Officer

 

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