Douglas Elliman has replaced two senior executives, appointing existing finance and legal leaders to become its chief financial officer and general counsel. The changes took effect November 13, alongside the retirement of CFO James B. Kirkland III and the departure of General Counsel Bradley H. Brodie.
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Heather Capriola is the new CFO and treasurer. She has been with Douglas Elliman for more than three years and was the company’s vice president of finance and chief financial officer of its real estate brokerage subsidiary. She will continue in those existing roles.
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Deva Roberts is the new general counsel and secretary. Roberts has worked at the brokerage subsidiary for nearly five years and was its executive vice president and general counsel. She will retain that role.
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Kirkland’s separation package includes about $1.21 million in specified cash payments: one year of base salary, or $650,000; a prorated 2026 bonus of $369,253; a $150,000 retention payment; and $40,000 for unused vacation. He will also receive continued health coverage with premium copayments at the same level as an active employee.
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Kirkland will receive accelerated vesting on 447,708 restricted shares. Any other unvested shares covered by his grants will be forfeited.
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Brodie’s package includes $431,250 in cash: a $143,750 lump-sum payment and six months of base salary, or $287,500. Vesting will accelerate on 187,500 restricted shares; the rest of his unvested shares will be forfeited.
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The incoming executives are not receiving new appointment-related awards or compensation arrangements. Capriola and Roberts will continue to receive the compensation and benefits they already receive in their existing roles.
The appointments move two executives already working in Douglas Elliman’s finance and brokerage operations into the corresponding top corporate roles. The departures also trigger cash separation payments and accelerated vesting of specified restricted shares, while other unvested shares held by the departing executives are forfeited.