BUR · Burford Capital Limited

Summary

Burford Capital Limited announced that on March 3, 2026, its subsidiary entered into an amended and restated employment agreement with Aviva Will, transitioning her from President to Vice Chair effective March 11, 2026, with a two-year term, $1,000,000 annual base salary, and specified one-time payments and equity grants. The agreement includes severance provisions, benefits, and restrictive covenants.

Key takeaways

• Aviva Will ceases role as President on March 11, 2026, and becomes Vice Chair
• Annual base salary of $1,000,000 for initial two-year term
• One-time cash retention payment of $1,762,984.88
• One-time RSU grants valued at $300,000 plus 4,240 RSUs
• Carried interest grant for 2025 vintage at 2024 level
• Severance of greater of remaining term salary or $1,000,000 if terminated without cause