Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On January 20, 2022, Erik Higgins, Chief Financial Officer and Vice President of
Five Point Holdings, LLC (the "Company"), provided notice of his intent to
resign from the Company. Mr. Higgins will remain as Chief Financial Officer and
Vice President through the filing of the Company's Annual Report on Form 10-K
for the year ended December 31, 2021 and has agreed to assist the Company in the
transition of his responsibilities to his successor. Mr. Higgins' resignation is
not a result of any disagreement with the Company on any matter relating to the
Company's financial reporting or operations, policies or practices. The Company
intends to commence a search process to identify Mr. Higgins' successor. Upon
the effective date of Mr. Higgins' resignation, Leo Kij, Vice President and
Corporate Controller of the Company, will serve as the Company's interim Chief
Financial Officer until Mr. Higgins' successor is appointed.
Mr. Kij, 57, has served as Vice President and Corporate Controller of the
Company since 2016. From 2009 to 2016, he served as Controller of the Company's
subsidiary, Five Point Communities Management, Inc.
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