Marriott Vacations Worldwide Management

Management criteria checks 2/4

Marriott Vacations Worldwide's CEO is John Geller, appointed in Jan 2021, has a tenure of 3.25 years. total yearly compensation is $5.36M, comprised of 17.6% salary and 82.4% bonuses, including company stock and options. directly owns 0.26% of the company’s shares, worth €8.68M. The average tenure of the management team and the board of directors is 3.3 years and 11 years respectively.

Key information

John Geller

Chief executive officer

US$5.4m

Total compensation

CEO salary percentage	17.6%
CEO tenure	3.3yrs
CEO ownership	0.3%
Management average tenure	3.3yrs
Board average tenure	11yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has John Geller's remuneration changed compared to Marriott Vacations Worldwide's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$5m	US$945k	US$254m
Sep 30 2023	n/a	n/a	US$307m
Jun 30 2023	n/a	n/a	US$374m
Mar 31 2023	n/a	n/a	US$420m
Dec 31 2022	US$4m	US$696k	US$391m
Sep 30 2022	n/a	n/a	US$364m
Jun 30 2022	n/a	n/a	US$265m
Mar 31 2022	n/a	n/a	US$135m
Dec 31 2021	US$5m	US$675k	US$49m
Sep 30 2021	n/a	n/a	-US$49m
Jun 30 2021	n/a	n/a	-US$121m
Mar 31 2021	n/a	n/a	-US$197m
Dec 31 2020	US$2m	US$477k	-US$275m
Sep 30 2020	n/a	n/a	-US$164m
Jun 30 2020	n/a	n/a	-US$111m
Mar 31 2020	n/a	n/a	US$8m
Dec 31 2019	US$3m	US$612k	US$138m
Sep 30 2019	n/a	n/a	US$108m
Jun 30 2019	n/a	n/a	US$81m
Mar 31 2019	n/a	n/a	US$43m
Dec 31 2018	US$3m	US$594k	US$55m
Sep 30 2018	n/a	n/a	US$130m
Jun 30 2018	n/a	n/a	US$206m
Mar 31 2018	n/a	n/a	US$243m
Dec 31 2017	US$2m	US$555k	US$235m

Compensation vs Market: John's total compensation ($USD5.36M) is above average for companies of similar size in the German market ($USD2.56M).

Compensation vs Earnings: John's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

John Geller (56 yo)

3.3yrs

Tenure

US$5,360,952

Compensation

Mr. John E. Geller, Jr. has been Executive Vice President, Chief Financial Officer and Member of Board of Managers of ILG, Inc. since September 01, 2018. Mr. Geller has been the President of Marriott Vacat...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
John Geller	CEO, President & Director	3.3yrs	US$5.36m	0.26% $ 8.7m
Jason Marino	Executive VP & CFO	less than a year	US$2.05m	0.013% $ 421.6k
James Hunter	Executive VP	18.3yrs	US$1.63m	0.096% $ 3.2m
Brian Miller	President of Vacation Ownership	3.5yrs	US$2.57m	0.074% $ 2.4m
Jeanette Marbert	President of Exchange & Third-Party Management	5.5yrs	US$1.83m	0.28% $ 9.3m
Kathleen Pighini	Senior VP	2.1yrs	no data	0.0059% $ 194.3k
Raman Bukkapatnam	Executive VP & Chief Information Officer	less than a year	no data	no data
Neal Goldner	Vice President of Investor Relations	no data	no data	no data
Michael Yonker	Executive VP	14.3yrs	no data	0.032% $ 1.1m
John Fitzgerald	Executive VP and Chief Marketing & Sales Officer	no data	no data	no data
Scott Weisz	Senior Vice President of Global Inventory & Revenue Management and Vacation Ownership	2.7yrs	no data	no data
Lori Gustafson	Executive VP and Chief Membership & Commercial Services Officer	3.4yrs	no data	0.020% $ 675.2k

3.3yrs

Average Tenure

56yo

Average Age

Experienced Management: M8V's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
John Geller	CEO, President & Director	1.3yrs	US$5.36m	0.26% $ 8.7m
William Shaw	Independent Chairman of the Board	12.8yrs	US$380.06k	0.41% $ 13.5m
Stephen Quazzo	Independent Director	5.6yrs	US$279.99k	0.041% $ 1.4m
William McCarten	Independent Director	12.4yrs	US$279.99k	0.017% $ 562.3k
Raymond Gellein	Independent Director	12.4yrs	US$279.99k	0.015% $ 506.0k
Charles Andrews	Independent Director	11yrs	US$297.22k	0.020% $ 653.3k
Dianna Morgan	Independent Director	11yrs	US$294.99k	0.012% $ 397.1k
Lizanne Galbreath	Independent Director	5.6yrs	US$282.22k	0.014% $ 453.4k
Melquiades Martinez	Lead Independent Director	12.4yrs	US$284.99k	0.018% $ 607.6k
Mary Galligan	Independent Director	less than a year	no data	no data
Jonice M. Tucker	Independent Director	2.4yrs	US$282.22k	0.0033% $ 110.5k

11.0yrs

Average Tenure

71yo

Average Age

Experienced Board: M8V's board of directors are seasoned and experienced ( 11 years average tenure).

Marriott Vacations Worldwide Management

Management criteria checks 2/4

Key information

Recent management updates

Marriott Vacations Worldwide Corporation, Annual General Meeting, May 10, 2024

Marriott Vacations Worldwide Corporation Announces Executive Appointments, Effective January 1, 2024

Marriott Vacations Worldwide Corporation Appoints Mary E. Galligan as a Class III Director of the Board

Jeanette E. Marbert, President, Exchange and Third-Party Management of Marriott Vacations Worldwide Corporation, Notifies Her Intention to Retire in 2024

CEO, President & Director recently bought €513k worth of stock

Marriott Vacations Worldwide Corporation Announces CFO Changes

Recent updates

Impactive Capital Engages in Discussions with Marriott Vacations

Impactive Capital Engages in Discussions with Marriott Vacations

Marriott Vacations Worldwide Corporation to Report Q1, 2024 Results on May 06, 2024

Marriott Vacations Worldwide Corporation, Annual General Meeting, May 10, 2024

Fourth quarter dividend of US$0.76 announced

Marriott Vacations Worldwide Corporation Provides Earnings Guidance for the Year 2024

Full year 2023 earnings released: EPS: US$6.96 (vs US$9.68 in FY 2022)

New minor risk - Profit margin trend

Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend, Payable on or Around March 14, 2024

Marriott Vacations Worldwide Corporation to Report Q4, 2023 Results on Feb 21, 2024

Marriott Vacations Worldwide Corporation Announces Executive Appointments, Effective January 1, 2024

Upcoming dividend of US$0.76 per share at 3.5% yield

Marriott Vacations Worldwide Corporation Appoints Mary E. Galligan as a Class III Director of the Board

Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend, Payable on or Around January 4, 2024

Jeanette E. Marbert, President, Exchange and Third-Party Management of Marriott Vacations Worldwide Corporation, Notifies Her Intention to Retire in 2024

Marriott Vacations Worldwide Corporation Provides Earnings Guidance for the Year 2023

Marriott Vacations Worldwide Corporation to Report Q3, 2023 Results on Nov 01, 2023

Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend, Payable on or Around October 5, 2023

Marriott Vacations Worldwide Corporation Provides Impact of Maui Wildfires on Earnings Guidance for the Third Quarter 2023

CEO, President & Director recently bought €513k worth of stock

Second quarter 2023 earnings released: EPS: US$2.44 (vs US$3.29 in 2Q 2022)

Marriott Vacations Worldwide Corporation Provides Earnings Guidance for the Year 2023

Marriott Vacations Worldwide Corporation Announces CFO Changes

Marriott Vacations Worldwide Corporation to Report Q2, 2023 Results on Aug 02, 2023

Marriott Vacations Worldwide Corporation to Appoint Raman Bukkapatnam as Chief Information Officer, Effective July 10, 2023

Upcoming dividend of US$0.72 per share at 2.3% yield

Marriott Vacations Worldwide Announces Planned Retirement of Anthony “Tony” Terry as Chief Financial Officer

Marriott Vacations Worldwide Corporation Provides Earnings Guidance for the Year 2023

First quarter 2023 earnings released: EPS: US$2.32 (vs US$1.37 in 1Q 2022)

Full year 2022 earnings released: EPS: US$9.68 (vs US$1.15 in FY 2021)

Upcoming dividend of US$0.72 per share at 1.9% yield

Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend, Payable on or around March 16, 2023

Marriott Vacations Worldwide Corporation to Report Q4, 2022 Results on Feb 22, 2023

Marriott Vacations Worldwide Corporation Adds Stephanie Sobeck Butera to its Executive Leadership Team With Her Promotion to Executive Vice President & Chief Operating Officer of Hyatt Vacation Ownership

Upcoming dividend of US$0.72 per share

Marriott Vacations Worldwide Corporation Announces Management Changes

Marriott Vacations Worldwide Corporation Authorizes Quarterly Cash Dividend for Common Stock, an Increase of 16% over the Company’s Prior Dividend, Payable on or Around January 5, 2023

Insufficient new directors

Third quarter 2022 earnings released: EPS: US$1.96 (vs US$0.23 in 3Q 2021)

Marriott Vacations Worldwide Corporation Reports Impairment Charges for the Third Quarter Ended September 30, 2022

Marriott Vacations Worldwide Corporation to Report Q3, 2022 Results on Oct 31, 2022

Upcoming dividend of US$0.62 per share

Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend, Payable on or Around October 6, 2022

Marriott Vacations Worldwide Corporation Provides Earnings Guidance for the Full Year 2022

Second quarter 2022 earnings released: EPS: US$3.30 (vs US$0.14 in 2Q 2021)

Grupo Alojica AenP acquired Westin Resort & Spa, Puerto Vallarta from Marriott Vacations Worldwide Corporation (NYSE:VAC).

Marriott Vacations Worldwide Corporation to Report Q2, 2022 Results on Aug 08, 2022

Investor sentiment deteriorated over the past week

Marriott Vacations Worldwide Corporation introduces Abound by Marriott Vacations

Marriott Vacations Worldwide Announces Chief Executive Officer Retirement and Succession Plan

Insider recently sold €517k worth of stock

Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend, Payable on or Around June 9, 2022

First quarter 2022 earnings released: EPS: US$1.36 (vs US$0.68 loss in 1Q 2021)

Marriott Vacations Worldwide Corporation Provides Earnings Guidance for the Year 2022

Capital Vacations, LLC acquired Vacation Resorts International Americas/Vacation Resorts/Trading Places/Owners Resorts and Exchange from Marriott Vacations Worldwide Corporation (NYSE:VAC).

Insufficient new directors

Marriott Vacations Worldwide Corporation to Report Q1, 2022 Results on May 05, 2022

Marriott Vacations Worldwide Corporation, Annual General Meeting, May 13, 2022

Insider recently sold €141k worth of stock

Marriott Vacations Worldwide Corporation Provides Sales Guidance for the Full Year of 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Marriott Vacations Worldwide Corporation Announces Appointment of Kathleen Pighini as Senior Vice President, Corporate Controller and Chief Accounting Officer, Effective March 5, 2022

Upcoming dividend of US$0.54 per share

Insufficient new directors

Third quarter 2021 earnings released: EPS US$0.23 (vs US$1.51 loss in 3Q 2020)

Insufficient new directors

Insufficient new directors

Marriott Vacations Worldwide Corporation (NYSE:VAC) announces an Equity Buyback for $250 million worth of its shares.

Second quarter 2021 earnings released: EPS US$0.15 (vs US$1.70 loss in 2Q 2020)