Hilton Grand Vacations Management

Management criteria checks 3/4

Hilton Grand Vacations' CEO is Mark Wang, appointed in Jan 2017, has a tenure of 7.33 years. total yearly compensation is $9.79M, comprised of 11.2% salary and 88.8% bonuses, including company stock and options. directly owns 0.6% of the company’s shares, worth €23.46M. The average tenure of the management team and the board of directors is 4.6 years and 7.3 years respectively.

Key information

Mark Wang

Chief executive officer

US$9.8m

Total compensation

CEO salary percentage	11.2%
CEO tenure	7.3yrs
CEO ownership	0.6%
Management average tenure	4.6yrs
Board average tenure	7.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mark Wang's remuneration changed compared to Hilton Grand Vacations's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$236m
Dec 31 2023	US$10m	US$1m	US$313m
Sep 30 2023	n/a	n/a	US$323m
Jun 30 2023	n/a	n/a	US$381m
Mar 31 2023	n/a	n/a	US$374m
Dec 31 2022	US$11m	US$1m	US$352m
Sep 30 2022	n/a	n/a	US$349m
Jun 30 2022	n/a	n/a	US$298m
Mar 31 2022	n/a	n/a	US$234m
Dec 31 2021	US$17m	US$950k	US$176m
Sep 30 2021	n/a	n/a	-US$53m
Jun 30 2021	n/a	n/a	-US$159m
Mar 31 2021	n/a	n/a	-US$216m
Dec 31 2020	US$7m	US$676k	-US$201m
Sep 30 2020	n/a	n/a	US$25m
Jun 30 2020	n/a	n/a	US$82m
Mar 31 2020	n/a	n/a	US$169m
Dec 31 2019	US$6m	US$950k	US$216m
Sep 30 2019	n/a	n/a	US$264m
Jun 30 2019	n/a	n/a	US$255m
Mar 31 2019	n/a	n/a	US$323m
Dec 31 2018	US$7m	US$1m	US$298m
Sep 30 2018	n/a	n/a	US$361m
Jun 30 2018	n/a	n/a	US$363m
Mar 31 2018	n/a	n/a	US$307m
Dec 31 2017	US$6m	US$1m	US$327m

Compensation vs Market: Mark's total compensation ($USD9.79M) is above average for companies of similar size in the German market ($USD1.99M).

Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.

CEO

Mark Wang (66 yo)

7.3yrs

Tenure

US$9,794,601

Compensation

Mr. Mark D. Wang has been the Chief Executive Officer of Hilton Grand Vacations Inc. (HGV) since January 3, 2017 & had been President of Hilton Grand Vacations Inc. (HGV) from March 2008. Mr. Wang serves a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mark Wang	CEO & Director	7.3yrs	US$9.79m	0.60% $ 23.5m
Daniel Mathewes	President & CFO	5.5yrs	US$3.38m	0.11% $ 4.3m
Gordon Gurnik	Senior EVP & COO	5.4yrs	US$3.15m	0.13% $ 5.1m
Charles Corbin	Executive VP	7.5yrs	US$2.39m	0.11% $ 4.2m
Jorge Brizi	Executive VP & Chief Human Resources Officer and Corporate Affairs	3.6yrs	US$2.23m	0.027% $ 1.0m
Carlos Hernandez	Senior VP & Chief Accounting Officer	3.8yrs	no data	0% $ 0
Onkar Birk	Senior VP & CTO	no data	no data	no data
Mark Melnyk	Vice President of Investor Relations	no data	no data	no data
Hannah Vazzana	EVP, Chief Brand & Communications Officer	no data	no data	no data
Dustin Tonkin	EVP, Chief Sales & Marketing Officer	less than a year	no data	no data
Valerie Spangler	Senior VP & Chief Commercial Officer	no data	no data	no data
Erin Day	Executive Vice President of Finance	2.2yrs	no data	no data

4.6yrs

Average Tenure

53.5yo

Average Age

Experienced Management: HIE's management team is considered experienced (4.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mark Wang	CEO & Director	8yrs	US$9.79m	0.60% $ 23.5m
Paul Whetsell	Independent Director	7.3yrs	US$291.96k	0.034% $ 1.4m
Pamela Patsley	Independent Director	7.4yrs	US$291.96k	0.029% $ 1.2m
Leonard Potter	Independent Chairman	7.3yrs	US$406.96k	0.087% $ 3.4m
David Johnson	Independent Director	7.3yrs	US$284.46k	0.046% $ 1.8m
Mark Lazarus	Independent Director	7.3yrs	US$269.46k	0.029% $ 1.2m
Brenda Bacon	Independent Director	7.3yrs	US$284.46k	0.035% $ 1.4m
David Sambur	Director	2.8yrs	US$260.00k	no data
Alex van Hoek	Director	2.8yrs	US$260.00k	no data

7.3yrs

Average Tenure

61yo

Average Age

Experienced Board: HIE's board of directors are considered experienced (7.3 years average tenure).

Hilton Grand Vacations Management

Management criteria checks 3/4

Key information

Recent management updates

Independent Director recently sold €899k worth of stock

Insider recently sold €1.2m worth of stock

Hilton Grand Vacations Inc. Announces Management Changes

Hilton Grand Vacations Inc., Annual General Meeting, May 08, 2024

Executive VP recently sold €958k worth of stock

Hilton Grand Vacations Inc. Announces Retirement of Stan R. Soroka as Executive Vice President and Chief Customer Officer

Recent updates

Independent Director recently sold €899k worth of stock

First quarter 2024 earnings released: US$0.04 loss per share (vs US$0.65 profit in 1Q 2023)

Hilton Grand Vacations Inc. to Report Q1, 2024 Results on May 09, 2024

Insider recently sold €1.2m worth of stock

Hilton Grand Vacations Inc. Announces Management Changes

Hilton Grand Vacations Inc., Annual General Meeting, May 08, 2024

Executive VP recently sold €958k worth of stock

Full year 2023 earnings released: EPS: US$2.84 (vs US$2.98 in FY 2022)

Hilton Grand Vacations Inc. to Report Q4, 2023 Results on Feb 29, 2024

Hilton Grand Vacations Inc. (NYSE:HGV) completed the acquisition of Bluegreen Vacations Holding Corporation (NYSE:BVH) from Levan Partners LLC, Levan BFC Stock Partners, LP and others.

Hilton Grand Vacations Inc. (NYSE:HGV) completed the acquisition of Bluegreen Vacations Holding Corporation (NYSE:BVH) from Levan Partners LLC, Levan BFC Stock Partners, LP and others.

Hilton Grand Vacations Inc. (NYSE:HGV) entered into a definitive agreement to acquire Bluegreen Vacations Holding Corporation (NYSE:BVH) for $1.3 billion.

Hilton Grand Vacations Inc. (NYSE:HGV) entered into a definitive agreement to acquire Bluegreen Vacations Holding Corporation (NYSE:BVH) for $1.4 billion.

Hilton Grand Vacations Inc. to Report Q3, 2023 Results on Nov 06, 2023

Hilton Grand Vacations Inc. Estimates Impact from Maui Wildfires for Third Quarter 2023

Second quarter 2023 earnings released: EPS: US$0.72 (vs US$0.60 in 2Q 2022)

Hilton Grand Vacations Inc. to Report Q2, 2023 Results on Aug 03, 2023

Hilton Grand Vacations Inc. (NYSE:HGV) announces an Equity Buyback for $500 million worth of its shares.

First quarter 2023 earnings released: EPS: US$0.65 (vs US$0.42 in 1Q 2022)

Full year 2022 earnings released: EPS: US$2.98 (vs US$1.76 in FY 2021)

Now 20% undervalued

Hilton Grand Vacations Inc. to Report Q4, 2022 Results on Mar 01, 2023

Now 20% undervalued

Hilton Grand Vacations Inc. Announces Retirement of Stan R. Soroka as Executive Vice President and Chief Customer Officer

Third quarter 2022 earnings released: EPS: US$1.26 (vs US$0.92 in 3Q 2021)

Hilton Grand Vacations Inc. Announces Retirement of Stan Soroka as Executive Vice President and Chief Customer Officer, Effective December 31, 2022

Hilton Grand Vacations Inc. to Report Q3, 2022 Results on Nov 09, 2022

Second quarter 2022 earnings released: EPS: US$0.60 (vs US$0.10 in 2Q 2021)

Hilton Grand Vacations Inc. to Report Q2, 2022 Results on Aug 09, 2022

First quarter 2022 earnings released: EPS: US$0.42 (vs US$0.082 loss in 1Q 2021)

Hilton Grand Vacations Inc. (NYSE:HGV) announces an Equity Buyback for $500 million worth of its shares.

Hilton Grand Vacations Inc. to Report Q1, 2022 Results on May 09, 2022

Independent Director recently bought €230k worth of stock

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Hilton Grand Vacations Inc. to Report Q4, 2021 Results on Mar 01, 2022

Executive VP recently sold €857k worth of stock

Third quarter 2021 earnings released: EPS US$0.92 (vs US$0.082 loss in 3Q 2020)

Hilton Grand Vacations Inc. (NYSE:HGV) completed the acquisition of Diamond Resorts International, Inc. from Apollo Global Management, Inc. (NYSE:APO), Reverence Capital Partners LLC and other Diamond stockholders.

Second quarter 2021 earnings released: EPS US$0.10 (vs US$0.56 loss in 2Q 2020)

Hilton Grand Vacations Inc.(NYSE:HGV) dropped from Russell 2000 Growth-Defensive Index

Hilton Grand Vacations Inc. (NYSE:HGV) entered into a definitive agreement to acquire Diamond Resorts International, Inc. from Apollo Global Management, Inc. (NYSE:APO), Reverence Capital Partners LLC and other Diamond stockholders for approximately $1.4 billion.

Hilton Grand Vacations Inc. Announces Not to Provide Formal Annual Guidance for 2021

New 90-day high: €33.31

Hilton Grand Vacations Inc. to Report Q4, 2020 Results on Mar 01, 2021

New 90-day high: €28.45

Hilton Grand Vacations Inc.(NYSE:HGV) dropped from Russell 1000 Dynamic Index

New 90-day high: €27.83

New 90-day high: €25.08

New 90-day high: €24.68

New 90-day high: €23.13

Third quarter 2020 earnings released: US$0.082 loss per share

Revenue misses expectations

Third quarter earnings released

Third-quarter earnings released: Revenue misses expectations

New 90-day high: €19.63

Hilton Grand Vacations Inc. to Report Q3, 2020 Results on Oct 29, 2020

Hilton Grand Vacations Inc. to Report Q2, 2020 Results on Jul 30, 2020

Hilton Grand Vacations Inc.(NYSE:HGV) dropped from Russell Midcap Index

Hilton Grand Vacations Inc.(NYSE:HGV) dropped from Russell Midcap Value Index

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age