Travel + Leisure Management
Management criteria checks 3/4
Travel + Leisure's CEO is Mike Brown, appointed in May 2018, has a tenure of 5.92 years. total yearly compensation is $12.42M, comprised of 10.5% salary and 89.5% bonuses, including company stock and options. directly owns 0.39% of the company’s shares, worth $12.50M. The average tenure of the management team and the board of directors is 5.8 years and 7.4 years respectively.
Key information
Mike Brown
Chief executive officer
US$12.4m
Total compensation
| CEO salary percentage | 10.5% |
| CEO tenure | 5.9yrs |
| CEO ownership | 0.4% |
| Management average tenure | 5.8yrs |
| Board average tenure | 7.4yrs |
Recent management updates
Recent updates
The Returns At Travel + Leisure (NYSE:TNL) Aren't Growing
Apr 16
Insufficient Growth At Travel + Leisure Co. (NYSE:TNL) Hampers Share Price
Apr 01Travel + Leisure (NYSE:TNL) Is Paying Out A Larger Dividend Than Last Year
Mar 17Travel + Leisure Co. Just Beat EPS By 6.9%: Here's What Analysts Think Will Happen Next
Feb 24With EPS Growth And More, Travel + Leisure (NYSE:TNL) Makes An Interesting Case
Feb 23Is There An Opportunity With Travel + Leisure Co.'s (NYSE:TNL) 36% Undervaluation?
Feb 05Travel + Leisure (NYSE:TNL) Has More To Do To Multiply In Value Going Forward
Jan 16Travel + Leisure Co. (NYSE:TNL) Might Not Be As Mispriced As It Looks
Dec 29Travel + Leisure: Despite Mixed Results, Significant Recurrent Revenue And Growth
Dec 08Is There Now An Opportunity In Travel + Leisure Co. (NYSE:TNL)?
Nov 14Travel + Leisure Co. (NYSE:TNL) Shares Could Be 49% Below Their Intrinsic Value Estimate
Oct 25Returns At Travel + Leisure (NYSE:TNL) Appear To Be Weighed Down
Oct 07Travel + Leisure Co.: Earnings Growth Outlook Saves The Day (Rating Upgrade)
Jul 27Should You Think About Buying Travel + Leisure Co. (NYSE:TNL) Now?
Jun 30Here's Why We Think Travel + Leisure (NYSE:TNL) Might Deserve Your Attention Today
May 24When Should You Buy Travel + Leisure Co. (NYSE:TNL)?
Mar 10Travel+Leisure Non-GAAP EPS of $1.30 beats by $0.08, revenue of $899M misses by $14.96M
Feb 22Is Travel + Leisure Co. (NYSE:TNL) Trading At A 34% Discount?
Feb 16Travel + Leisure Co.: Healthy Financials, Attractive Valuation
Jan 28Should You Investigate Travel + Leisure Co. (NYSE:TNL) At US$37.10?
Dec 10Is Travel + Leisure Co. (NYSE:TNL) Trading At A 49% Discount?
Nov 18Travel + Leisure falls amid new Hedgeye short idea
Nov 16Travel+Leisure Non-GAAP EPS of $1.28 in-line, revenue of $937M misses by $4.57M
Oct 27Travel + Leisure closes $250M term securitization
Oct 20Is Now An Opportune Moment To Examine Travel + Leisure Co. (NYSE:TNL)?
Sep 09Travel + Leisure: Finally Signs Of Progress With Millennials
Aug 20Is Travel + Leisure Co. (NYSE:TNL) Trading At A 44% Discount?
Aug 19Travel+Leisure declares $0.40 dividend
Aug 10Travel+Leisure Non-GAAP EPS of $1.07 misses by $0.12, revenue of $386M
Jul 28Travel + Leisure announces $275M term securitization
Jul 21Travel + Leisure: Is This Timeshare Stock A Buy After This Dip?
May 27Travel + Leisure: Wyndham Integration Offers Opportunity
May 04Is Travel + Leisure Co. (NYSE:TNL) Potentially Undervalued?
May 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$12m | US$1m | US$391m |
| Sep 30 2023 | n/a | n/a | US$352m |
| Jun 30 2023 | n/a | n/a | US$357m |
| Mar 31 2023 | n/a | n/a | US$368m |
| Dec 31 2022 | US$12m | US$1m | US$356m |
| Sep 30 2022 | n/a | n/a | US$376m |
| Jun 30 2022 | n/a | n/a | US$362m |
| Mar 31 2022 | n/a | n/a | US$335m |
| Dec 31 2021 | US$11m | US$1m | US$313m |
| Sep 30 2021 | n/a | n/a | US$208m |
| Jun 30 2021 | n/a | n/a | US$147m |
| Mar 31 2021 | n/a | n/a | -US$90m |
| Dec 31 2020 | US$13m | US$906k | -US$253m |
| Sep 30 2020 | n/a | n/a | -US$103m |
| Jun 30 2020 | n/a | n/a | -US$8m |
| Mar 31 2020 | n/a | n/a | US$274m |
| Dec 31 2019 | US$8m | US$1m | US$489m |
| Sep 30 2019 | n/a | n/a | US$440m |
| Jun 30 2019 | n/a | n/a | US$436m |
| Mar 31 2019 | n/a | n/a | US$306m |
| Dec 31 2018 | US$8m | US$868k | US$266m |
| Sep 30 2018 | n/a | n/a | US$604m |
| Jun 30 2018 | n/a | n/a | US$574m |
| Mar 31 2018 | n/a | n/a | US$600m |
| Dec 31 2017 | US$4m | US$485k | US$645m |
Compensation vs Market: Mike's total compensation ($USD12.42M) is above average for companies of similar size in the US market ($USD6.66M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Brown (52 yo)
5.9yrs
Tenure
US$12,424,078
Compensation
Mr. Michael D. Brown, also known as Mike, has been Director, President and Chief Executive Officer at Travel + Leisure Co. (formerly, Wyndham Destinations,Inc). since May 2018. Mr. Brown was the Chief Exec...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 5.9yrs | US$12.42m | 0.39% $ 12.5m | |
| Chief Financial Officer | 5.8yrs | US$4.76m | 0.20% $ 6.3m | |
| Chief Operating Officer of Wyndham Destinations | no data | US$4.54m | 0.19% $ 6.0m | |
| Chief Sales & Marketing Officer of Wyndham Destinations | 5.8yrs | US$4.61m | 0.21% $ 6.6m | |
| Senior VP & Chief Accounting Officer | 1.6yrs | no data | 0.031% $ 1.0m | |
| Chief Technology Officer | 2.4yrs | no data | 0.023% $ 727.3k | |
| Senior VP of FP&A and Investor Relations | no data | no data | no data | |
| Chief Ethics & Compliance Officer | 6yrs | US$2.35m | 0.037% $ 1.2m | |
| Chief Brand & Communications Officer | less than a year | no data | no data | |
| Vice President of Marketing and Communications | 11.2yrs | no data | no data | |
| Chief Human Resources Officer | 5.8yrs | no data | 0.077% $ 2.5m | |
| President & MD of International Operations of Wyndham Destinations | 5.8yrs | no data | no data |
5.8yrs
Average Tenure
52yo
Average Age
Experienced Management: TNL's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 5.9yrs | US$12.42m | 0.39% $ 12.5m | |
| Independent Lead Director | 17.8yrs | US$509.11k | 0.0098% $ 313.9k | |
| Non-Executive Chairman of the Board | 17.8yrs | US$505.87k | 0.62% $ 19.9m | |
| Independent Director | 17.8yrs | US$419.62k | 0.0031% $ 98.5k | |
| Independent Director | 5.9yrs | US$426.60k | 0.014% $ 447.6k | |
| Independent Director | 17.8yrs | US$441.21k | 0.0010% $ 32.3k | |
| Independent Director | 7.4yrs | US$474.13k | 0% $ 0 | |
| Independent Director | 5.8yrs | US$474.38k | 0.050% $ 1.6m | |
| Independent Director | 2.4yrs | US$356.62k | 0.016% $ 498.4k |
7.4yrs
Average Tenure
65yo
Average Age
Experienced Board: TNL's board of directors are considered experienced (7.4 years average tenure).