Host Hotels & Resorts Management

Management criteria checks 2/4

Host Hotels & Resorts' CEO is Jim Risoleo, appointed in Jan 2017, has a tenure of 7.83 years. total yearly compensation is $17.69M, comprised of 5.9% salary and 94.1% bonuses, including company stock and options. directly owns 0.26% of the company’s shares, worth €32.00M. The average tenure of the management team and the board of directors is 4 years and 7.8 years respectively.

Key information

Jim Risoleo

Chief executive officer

US$17.7m

Total compensation

CEO salary percentage	5.9%
CEO tenure	7.8yrs
CEO ownership	0.3%
Management average tenure	4yrs
Board average tenure	7.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jim Risoleo's remuneration changed compared to Host Hotels & Resorts's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$721m
Jun 30 2024	n/a	n/a	US$750m
Mar 31 2024	n/a	n/a	US$721m
Dec 31 2023	US$18m	US$1m	US$740m
Sep 30 2023	n/a	n/a	US$755m
Jun 30 2023	n/a	n/a	US$758m
Mar 31 2023	n/a	n/a	US$804m
Dec 31 2022	US$14m	US$1m	US$633m
Sep 30 2022	n/a	n/a	US$806m
Jun 30 2022	n/a	n/a	US$573m
Mar 31 2022	n/a	n/a	US$257m
Dec 31 2021	US$12m	US$1m	-US$11m
Sep 30 2021	n/a	n/a	-US$395m
Jun 30 2021	n/a	n/a	-US$589m
Mar 31 2021	n/a	n/a	-US$881m
Dec 31 2020	US$10m	US$1m	-US$732m
Sep 30 2020	n/a	n/a	-US$588m
Jun 30 2020	n/a	n/a	US$93m
Mar 31 2020	n/a	n/a	US$731m
Dec 31 2019	US$9m	US$1m	US$920m
Sep 30 2019	n/a	n/a	US$1b
Jun 30 2019	n/a	n/a	US$1b
Mar 31 2019	n/a	n/a	US$1b
Dec 31 2018	US$8m	US$900k	US$1b
Sep 30 2018	n/a	n/a	US$876m
Jun 30 2018	n/a	n/a	US$658m
Mar 31 2018	n/a	n/a	US$659m
Dec 31 2017	US$6m	US$850k	US$564m

Compensation vs Market: Jim's total compensation ($USD17.69M) is above average for companies of similar size in the German market ($USD4.78M).

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

CEO

Jim Risoleo (68 yo)

7.8yrs

Tenure

US$17,694,586

Compensation

Mr. James F. Risoleo, also known as Jim, served as an Independent Director at Peakstone Realty Trust (formerly known as Griffin Realty Trust, Inc.) (formerly known as Griffin Capital Essential Asset REIT,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
James Risoleo	President	7.8yrs	US$17.69m	0.26% € 32.0m
Sourav Ghosh	Executive VP & CFO	4.2yrs	US$4.75m	0.029% € 3.5m
Nathan Tyrrell	Executive VP & Chief Investment Officer	7.8yrs	US$5.21m	0.070% € 8.6m
Julie Aslaksen	Executive VP	5yrs	US$3.30m	0.027% € 3.2m
Michael Lentz	Executive Vice President of Development	8.7yrs	US$3.25m	0.027% € 3.2m
Jaime Marcus	Senior Vice President of Investor Relations	no data	no data	no data
Mari Sifo	Executive VP & Chief Human Resources Officer	2yrs	no data	0.00032% € 38.9k
Michael Rock	Senior Vice President of Asset Management	3.7yrs	no data	no data
Deanne Brand	Senior VP of Strategy & Analytics and Treasurer	2.7yrs	no data	no data
Padmanabh Yardi	Senior Vice President of Information Technology	2.7yrs	no data	no data
Raj Contractor	Senior Vice President of Investments	no data	no data	no data
Joseph Ottinger	Senior VP & Corporate Controller	3.8yrs	no data	0.0029% € 350.1k

4.0yrs

Average Tenure

49yo

Average Age

Experienced Management: HMT's management team is considered experienced (4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
James Risoleo	President	7.8yrs	US$17.69m	0.26% € 32.0m
Richard Marriott	Chairman of the Board	45.8yrs	US$987.78k	0.77% € 94.1m
Walter Rakowich	Independent Director	12.7yrs	US$322.46k	0.0092% € 1.1m
Herman Bulls	Independent Director	3.4yrs	US$307.74k	0.0050% € 602.9k
Diana Laing	Independent Director	2.1yrs	US$265.33k	0.0022% € 272.3k
Arthur Stein	Independent Director	7.3yrs	US$289.11k	0.0094% € 1.1m
Mary Baglivo	Independent Director	11.3yrs	US$337.44k	0.011% € 1.4m
Gordon Smith	Lead Independent Director	15.3yrs	US$325.86k	0.019% € 2.2m
Mary Preusse	Independent Director	7.4yrs	US$317.04k	0.0096% € 1.2m

7.8yrs

Average Tenure

68yo

Average Age

Experienced Board: HMT's board of directors are considered experienced (7.8 years average tenure).

Host Hotels & Resorts Management

Management criteria checks 2/4

Key information

Recent management updates

Insufficient new directors

Host Hotels & Resorts, Inc., Annual General Meeting, May 15, 2024

President recently sold €2.9m worth of stock

Host Hotels & Resorts, Inc. Announces the Appointment of Mari Sifo as Executive Vice President and Chief Human Resources Officer

Host Hotels & Resorts, Inc. Appoints Diana M. Laing to Board of Directors

Executive VP & Chief Investment Officer recently sold €210k worth of stock

Recent updates

Third quarter 2024 earnings released: EPS: US$0.12 (vs US$0.16 in 3Q 2023)

Second quarter dividend of US$0.20 announced

Host Hotels & Resorts, Inc. to Report Q3, 2024 Results on Nov 06, 2024

Host Hotels & Resorts, Inc. Announces Third Quarter Dividend, Payable on October 15, 2024

Second quarter 2024 earnings released: EPS: US$0.34 (vs US$0.29 in 2Q 2023)

Host Hotels & Resorts, Inc. (NasdaqGS:HST) acquired Sh Group Operations LLC for approximately $270 million.

Insufficient new directors

First quarter dividend of US$0.20 announced

Host Hotels & Resorts, Inc. Announces Quarterly Cash Dividend, Payable on July 15, 2024

Host Hotels & Resorts, Inc. to Report Q2, 2024 Results on Jul 31, 2024

Host Hotels & Resorts, Inc. (NasdaqGS:HST) agreed to acquire Turtle Bay Resort Hotel, LLC for approximately $730 million.

Host Hotels & Resorts, Inc. (NasdaqGS:HST) agreed to acquire an unknown stake in Turtle Bay Resort Hotel, LLC for approximately $680 million.

Host Hotels & Resorts, Inc. Revises Earnings Guidance for the Full Year 2024

First quarter 2024 earnings released: EPS: US$0.38 (vs US$0.40 in 1Q 2023)

Host Hotels & Resorts, Inc., Annual General Meeting, May 15, 2024

President recently sold €2.9m worth of stock

Upcoming dividend of US$0.20 per share

Host Hotels & Resorts, Inc. to Report Q1, 2024 Final Results on May 01, 2024

Fourth quarter dividend of US$0.20 announced

Host Hotels & Resorts, Inc. Provides Earnings Guidance for the Full Year 2024

Full year 2023 earnings released: EPS: US$1.04 (vs US$0.89 in FY 2022)

Now 20% undervalued

Now 22% undervalued

Host Hotels & Resorts, Inc. to Report Q4, 2023 Results on Feb 21, 2024

Host Hotels & Resorts, Inc. Declares Regular Quarterly Cash Dividend, Payable on January 16, 2024

Third quarter 2023 earnings released: EPS: US$0.16 (vs US$0.16 in 3Q 2022)

Host Hotels & Resorts, Inc. Revises Earnings Guidance for the Year 2023

Host Hotels & Resorts, Inc. to Report Q3, 2023 Results on Nov 01, 2023

Host Hotels & Resorts, Inc. Increases Third Quarter Cash Dividend, Payable on October 16, 2023

New major risk - Revenue and earnings growth

Host Hotels & Resorts, Inc. Revises Earnings Guidance for the Full Year 2023

Second quarter 2023 earnings released: FFO per share: US$0.5 (vs US$0.58 in 2Q 2022)

Host Hotels & Resorts, Inc. to Report Q2, 2023 Results on Aug 02, 2023

Upcoming dividend of US$0.15 per share at 2.9% yield

Host Hotels & Resorts, Inc. Increases Second Quarter Cash Dividend, Payable on July 17, 2023

First quarter 2023 earnings released: FFO per share: US$0.5 (vs US$0.39 in 1Q 2022)

Host Hotels & Resorts, Inc. Revises Earnings Guidance for the Full Year 2023

Host Hotels & Resorts, Inc. Declares Regular Quarterly Cash Dividend, Payable on April 17, 2023

Full year 2022 earnings released: EPS: US$0.89 (vs US$0.015 loss in FY 2021)

Upcoming dividend of US$0.32 per share

Host Hotels & Resorts, Inc. Announces Special Dividend, Payable on January 17, 2023

Host Hotels & Resorts, Inc. to Report Q4, 2022 Results on Feb 15, 2023

Host Hotels & Resorts, Inc. Announces the Appointment of Mari Sifo as Executive Vice President and Chief Human Resources Officer

Host Hotels & Resorts, Inc. (NasdaqGS:HST) acquired Four Seasons Resort and Residences Jackson Hole for $315 million.

Third quarter 2022 earnings released: EPS: US$0.16 (vs US$0.17 loss in 3Q 2021)

Host Hotels & Resorts, Inc. Provides Earnings Guidance for the Full Year 2022

Host Hotels & Resorts, Inc. Appoints Diana M. Laing to Board of Directors

Upcoming dividend of US$0.12 per share

Host Hotels & Resorts, Inc. to Report Q3, 2022 Results on Nov 02, 2022

Second quarter 2022 earnings released: EPS: US$0.36 (vs US$0.085 loss in 2Q 2021)

Host Hotels & Resorts, Inc. Provides Earnings Guidance for the Full Year 2022

Host Hotels & Resorts, Inc. to Report Q2, 2022 Results on Aug 03, 2022

Upcoming dividend of US$0.06 per share

Investor sentiment deteriorated over the past week

Executive VP & Chief Investment Officer recently sold €210k worth of stock

Host Hotels & Resorts, Inc. Announces Retirement of Joanne Hamilton as Executive Vice President

Host Hotels & Resorts, Inc. Announces Retirement of Joanne Hamilton as Executive Vice President

First quarter 2022 earnings released: FFO: US$1.08b per share (vs US$0.009 in 1Q 2021)

Host Hotels & Resorts, Inc. Provides Earnings Guidance for the Second Quarter of 2022

Insufficient new directors

MCR Investors LLC and Island Capital Group LLC acquired Sheraton New York Times Square Hotel from Host Hotels & Resorts, Inc. (NasdaqGS:HST) for approximately $370 million.

Host Hotels & Resorts, Inc., Annual General Meeting, May 19, 2022

Host Hotels & Resorts, Inc. to Report Q1, 2022 Results on May 04, 2022

Upcoming dividend of US$0.03 per share

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

Host Hotels & Resorts, Inc. Announces Regular Quarterly Cash Dividend, Payable on April 15, 2022

John B. Morse, Jr. Intents to Not Stand for Re-Election to the Board of Directors of Host Hotels & Resorts, Inc

Värde Partners, Inc. and Hawkins Way Capital, LLC acquired HST Lessee Boston LLC from Host Hotels & Resorts, Inc. (NasdaqGS:HST) for approximately $230 million.

Host Hotels & Resorts, Inc. (NasdaqGS:HST) acquired The Alida Hotel from Tribute Portfolio IP, LLC for approximately $100 million.