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Marriott Vacations Worldwide Corporation (VAC)

NYSE - Nasdaq Real-time price. Currency in USD
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92.76-1.37 (-1.46%)
At close: 04:00PM EDT
92.00 -0.76 (-0.82%)
After hours: 05:29PM EDT

Marriott Vacations Worldwide Corporation

7812 Palm Parkway
Orlando, FL 32836
United States
407 206 6000
https://www.marriottvacationsworldwide.com

Sector(s)Consumer Cyclical
IndustryResorts & Casinos
Full-time employees22,000

Key executives

NameTitlePayExercisedYear born
Mr. John E. Geller Jr.CEO, President & Director1.36MN/A1967
Mr. Jason P. MarinoExecutive VP & CFO1.55MN/A1976
Mr. James H. Hunter IVExecutive VP, General Counsel & Secretary625.75k221.7k1963
Mr. Brian E. MillerPresident of Vacation Ownership1.07MN/A1963
Ms. Jeanette E. MarbertPresident of Exchange & Third-Party Management732.02kN/A1957
Ms. Kathleen PighiniSenior VP, Corporate Controller & Chief Accounting OfficerN/AN/A1978
Mr. Raman BukkapatnamExecutive VP & Chief Information OfficerN/AN/A1967
Mr. Neal H. GoldnerVice President of Investor RelationsN/AN/AN/A
Mr. Michael E. YonkerExecutive VP, Chief Human Resources & Global Communications OfficerN/AN/A1959
Mr. John FitzgeraldExecutive VP and Chief Marketing & Sales OfficerN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related businesses, products, and services in the United States and internationally. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management. The company manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton Vacation Club, Westin Vacation Club, Hyatt Vacation Club, and Marriott Vacation Club Pulse brands. It develops, markets, and sells vacation ownership and related products under The Ritz-Carlton Destination Club brand; and holds right to develop, market, and sell ownership residential products under The Ritz-Carlton Residences brand. In addition, the company offers exchange networks and membership programs, as well as provision of management services to other resorts and lodging properties through Interval International, and Aqua-Aston business brands. Further, it provides financing consumer purchases of vacation ownership products, and renting vacation ownership inventory. The company sells its upscale tier vacation ownership products primarily through a network of resort-based sales centers and off-site sales locations. The company was founded in 1984 and is headquartered in Orlando, Florida.

Corporate governance

Marriott Vacations Worldwide Corporation’s ISS governance QualityScore as of 1 May 2024 is 4. The pillar scores are Audit: 3; Board: 1; Shareholder rights: 9; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.