Playa Hotels & Resorts Management

Management criteria checks 3/4

Playa Hotels & Resorts' CEO is Bruce Wardinski, appointed in Mar 2017, has a tenure of 7.17 years. total yearly compensation is $6.09M, comprised of 12.7% salary and 87.3% bonuses, including company stock and options. directly owns 3.73% of the company’s shares, worth €43.99M. The average tenure of the management team and the board of directors is 4.5 years and 5.2 years respectively.

Key information

Bruce Wardinski

Chief executive officer

US$6.1m

Total compensation

CEO salary percentage	12.7%
CEO tenure	7.2yrs
CEO ownership	3.7%
Management average tenure	4.5yrs
Board average tenure	5.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bruce Wardinski's remuneration changed compared to Playa Hotels & Resorts's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	US$54m
Sep 30 2023	n/a	n/a	US$39m
Jun 30 2023	n/a	n/a	US$47m
Mar 31 2023	n/a	n/a	US$57m
Dec 31 2022	US$6m	US$775k	US$57m
Sep 30 2022	n/a	n/a	US$71m
Jun 30 2022	n/a	n/a	US$61m
Mar 31 2022	n/a	n/a	US$23m
Dec 31 2021	US$7m	US$750k	-US$90m
Sep 30 2021	n/a	n/a	-US$164m
Jun 30 2021	n/a	n/a	-US$230m
Mar 31 2021	n/a	n/a	-US$310m
Dec 31 2020	US$4m	US$202k	-US$262m
Sep 30 2020	n/a	n/a	-US$207m
Jun 30 2020	n/a	n/a	-US$158m
Mar 31 2020	n/a	n/a	-US$70m
Dec 31 2019	US$3m	US$750k	-US$4m
Sep 30 2019	n/a	n/a	-US$672k
Jun 30 2019	n/a	n/a	US$24m
Mar 31 2019	n/a	n/a	US$40m
Dec 31 2018	US$4m	US$750k	US$19m
Sep 30 2018	n/a	n/a	US$22m
Jun 30 2018	n/a	n/a	US$22m
Mar 31 2018	n/a	n/a	-US$6m
Dec 31 2017	US$7m	US$750k	-US$9m

Compensation vs Market: Bruce's total compensation ($USD6.09M) is above average for companies of similar size in the German market ($USD1.61M).

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

CEO

Bruce Wardinski (63 yo)

7.2yrs

Tenure

US$6,094,331

Compensation

Mr. Bruce D. Wardinski has been an Independent Director of DiamondRock Hospitality Company since January 10, 2013 and serves as its Lead Director since May 03, 2016. Mr. Wardinski serves as President at Pl...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Bruce Wardinski	President	7.2yrs	US$6.09m	3.73% $ 44.0m
Ryan Hymel	Executive VP & CFO	6.8yrs	US$2.27m	0.77% $ 9.1m
Gregory Maliassas	Executive VP & COO	3.3yrs	US$2.14m	0.62% $ 7.3m
Fernando Mulet	Executive VP & Chief Investment Officer	2.4yrs	US$2.27m	0.69% $ 8.1m
Tracy M. Colden	Executive VP & General Counsel	4.3yrs	US$1.72m	0.39% $ 4.6m
Brandon Buhler	Senior VP & Chief Accounting Officer	6.8yrs	no data	0.074% $ 870.5k
Pedram Saif	Senior Vice President of Investor Relations & Strategy	4.8yrs	no data	no data
Dean Sullivan	Senior Vice President of Sales	2.4yrs	no data	no data
Dayna Blank	Executive VP & Chief People Officer	4.9yrs	no data	no data
Danny Rose	Senior Vice President of E-Commerce	2.4yrs	no data	no data
Arieh Goldberger	Senior Vice President of Hotel Finance & Accounting	no data	no data	no data
Lior Collins	Senior Vice President of Information Technology	no data	no data	no data

4.5yrs

Average Tenure

47yo

Average Age

Experienced Management: PL0's management team is considered experienced (4.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Bruce Wardinski	President	18yrs	US$6.09m	3.73% $ 44.0m
Maria Miller	Independent Non-Executive Director	3.2yrs	US$182.50k	0.034% $ 395.5k
Karl Peterson	Independent Non-Executive Director	7.2yrs	no data	1.84% $ 21.7m
Mahmood Khimji	Independent Non-Executive Director	3.2yrs	US$178.75k	0.030% $ 350.9k
Hal Jones	Independent Non-Executive Vice Chairman	7.2yrs	US$205.00k	0.083% $ 972.8k
Leticia Navarro	Independent Non-Executive Director	3.2yrs	US$188.75k	0.030% $ 350.9k
Elizabeth Lieberman	Lead Independent Director	7.2yrs	US$230.00k	0.065% $ 760.7k
Jeanmarie Cooney	Interim Independent Non-Executive Director	1.8yrs	US$42.50k	0.021% $ 247.5k

5.2yrs

Average Tenure

65yo

Average Age

Experienced Board: PL0's board of directors are considered experienced (5.2 years average tenure).

Playa Hotels & Resorts Management

Management criteria checks 3/4

Key information

Recent management updates

Playa Hotels & Resorts N.V., Annual General Meeting, May 16, 2024

Insufficient new directors

Senior VP & Chief Accounting Officer recently sold €299k worth of stock

Executive VP & CFO recently sold €175k worth of stock

Independent Non-Executive Director recently sold €220k worth of stock

Independent Non-Executive Director recently sold €171k worth of stock

Recent updates

Playa Hotels & Resorts N.V., Annual General Meeting, May 16, 2024

Playa Hotels & Resorts N.V. to Report Q1, 2024 Results on May 06, 2024

Insufficient new directors

Senior VP & Chief Accounting Officer recently sold €299k worth of stock

New major risk - Revenue and earnings growth

Playa Hotels & Resorts N.V. to Report Q4, 2023 Results on Feb 22, 2024

Executive VP & CFO recently sold €175k worth of stock

Playa Hotels & Resorts N.V. Unveils Indications to Its F&B Subsidiary and Takes Hyatt Ziva Cap Can's Dining Conces to New Levels

Independent Non-Executive Director recently sold €220k worth of stock

Playa Hotels & Resorts N.V. (NasdaqGS:PLYA) announces an Equity Buyback for $200 million worth of its shares.

Third quarter 2023 earnings released: US$0.072 loss per share (vs US$0.013 loss in 3Q 2022)

Playa Hotels & Resorts N.V. to Report Q3, 2023 Results on Nov 02, 2023

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: US$0.14 (vs US$0.18 in 2Q 2022)

Playa Hotels & Resorts N.V. to Report Q2, 2023 Results on Aug 03, 2023

Independent Non-Executive Director recently sold €171k worth of stock

First quarter 2023 earnings released: EPS: US$0.27 (vs US$0.26 in 1Q 2022)

Senior VP & Chief Accounting Officer recently sold €271k worth of stock

Full year 2022 earnings released: EPS: US$0.34 (vs US$0.55 loss in FY 2021)

Playa Hotels & Resorts N.V. to Report Q4, 2022 Results on Feb 23, 2023

Playa Hotels & Resorts N.V Appoints Dayna Blank to Executive Vice President & Chief People Officer

Playa Hotels & Resorts N.V. to Report Q3, 2022 Results on Nov 03, 2022

Playa Hotels & Resorts N.V. Provides an Update on the Impact from Hurricane Fiona

Playa Hotels & Resorts N.V. (NasdaqGS:PLYA) announces an Equity Buyback for $100 million worth of its shares.

Second quarter 2022 earnings released: EPS: US$0.18 (vs US$0.047 loss in 2Q 2021)

Playa Hotels & Resorts N.V. Announces Hyatt Zilara Riviera Maya Officially Available for Booking Future All-Inclusive Experience

Playa Hotels & Resorts N.V. to Report Q2, 2022 Results on Aug 04, 2022

Investor sentiment deteriorated over the past week

Playa Hotels & Resorts N.V. Appoints Jeanmarie Cooney as Interim Non-Executive Director, Effective July 1, 2022

First quarter 2022 earnings released: EPS: US$0.26 (vs US$0.43 loss in 1Q 2021)

Playa Hotels & Resorts N.V., Annual General Meeting, May 12, 2022

Playa Hotels & Resorts N.V. to Report Q1, 2022 Results on May 05, 2022

Senior VP & Chief Accounting Officer recently sold €167k worth of stock

Forecast breakeven date pushed back to 2023

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Third quarter 2021 earnings released: US$0.075 loss per share (vs US$0.58 loss in 3Q 2020)

Hyatt Hotels Corporation and Playa Hotels & Resorts N.V. Open Hyatt Ziva Riviera Cancun Resort

Independent Non-Executive Director H. Floyd has left the company

Second quarter 2021 earnings released: US$0.047 loss per share (vs US$0.67 loss in 2Q 2020)

First quarter 2021 earnings released: US$0.43 loss per share (vs US$0.17 loss in 1Q 2020)

Playa Hotels & Resorts N.V. Reports Impairment Loss for the First Quarter Ended March 31, 2021

Independent Non-Executive Director has left the company

Senior VP & Chief Accounting Officer recently sold €139k worth of stock

Playa Hotels & Resorts and Hilton Announces New Boutique All-Inclusive Resort in Playa Del Carmen, Mexico

Full year 2020 earnings released: US$1.98 loss per share (vs US$0.034 loss in FY 2019)

Revenue beats expectations

New 90-day high: €5.90

Playa Hotels & Resorts N.V. to Report Q4, 2020 Results on Mar 01, 2021

An unknown buyer completed the acquisition of Dreams Puerto Aventuras Resort & Spa from Playa Hotels & Resorts N.V. (NasdaqGS:PLYA).

Playa Hotels & Resorts N.V. has completed a Follow-on Equity Offering in the amount of $175 million.

Playa Hotels & Resorts N.V. Announces Board Changes

Playa Hotels & Resorts N.V. has completed a Follow-on Equity Offering in the amount of $55.66053 million.

Playa Hotels & Resorts N.V. Reopens Hilton La Romana an All-Inclusive Adult Resort and Hilton La Romana an All-Inclusive Family Resort Since Temporarily Suspending Operations in March Due to the COVID-19 Pandemic

An unknown buyer entered into an agreement to acquire Dreams Puerto Aventuras Resort & Spa from Playa Hotels & Resorts N.V. (NasdaqGS:PLYA) for $34.5 million.

Playa Hotels & Resorts N.V. to Report Q3, 2020 Results on Nov 04, 2020

Playa Hotels & Resorts Cancún and Playa Del Carmen Hotels Resume Operations Post Hurricane Delta

New 90-day high - €3.68

Earnings released

Playa Hotels & Resorts N.V. to Report Q2, 2020 Results on Aug 06, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age