Park Hotels & Resorts Management
Management criteria checks 3/4
Park Hotels & Resorts' CEO is Tom Baltimore, appointed in Dec 2016, has a tenure of 7.92 years. total yearly compensation is $10.83M, comprised of 9.2% salary and 90.8% bonuses, including company stock and options. directly owns 0.66% of the company’s shares, worth $19.31M. The average tenure of the management team and the board of directors is 5.5 years and 7.8 years respectively.
Key information
Tom Baltimore
Chief executive officer
US$10.8m
Total compensation
| CEO salary percentage | 9.2% |
| CEO tenure | 7.9yrs |
| CEO ownership | 0.7% |
| Management average tenure | 5.5yrs |
| Board average tenure | 7.8yrs |
Recent management updates
Recent updates
Park Hotels & Resorts: If It Is Too Good To Be True, It Probably Is
Oct 31Park Hotels: A Good REIT Story Facing Costs, Labor Headwinds
Aug 05Park Hotels & Resorts: Well-Covered Dividend And Undervalued Shares
Jun 09Park Hotels & Resorts: Valuation Appears Stretched After Recent Outperformance
Apr 15Park Hotels & Resorts: Strong Growth Levers To Sustain Impressive Financial Performance
Dec 28Park Hotels & Resorts Gets Hold Rating After Profitability And Debt Headwinds
Oct 16Park Hotels & Resorts: San Francisco Headwinds Overshadowing Strong Recovery
Aug 04Park Hotels & Resorts FFO of $0.40 in-line, revenue of $665M beats by $12.68M
Feb 22Park Hotels: I'm Betting On A Rebound With This 7% Yield
Jan 31Why did Park Hotels & Resorts stock go down today? Lodging REITs buck market rally
Dec 21Park Hotels & Resorts declares $0.12 dividend from prior dividend of $1.00, $0.13 from gain on sale of assets
Dec 08Park Hotels & Resorts declares $0.01 dividend
Sep 09Park Hotels & Resorts: No Expansion Possible Due To Their Large Debt Problem
Sep 02Park Hotels & Resorts Q1 Earnings: The Recovery Is Coming Along Nicely
May 03Park Hotels & Resorts: Calm After The Storm
Mar 22Stay Away From The Park Hotels Value Trap
Dec 27A Fresh Look At A Travel Favorite: Park Hotels & Resorts
Oct 15Park Hotels & Resorts: Further Potential Upside Ahead
Sep 24Park Hotels & Resorts: Keep An Eye On This One
Jul 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$331m |
| Jun 30 2024 | n/a | n/a | US$304m |
| Mar 31 2024 | n/a | n/a | US$90m |
| Dec 31 2023 | US$11m | US$1m | US$95m |
| Sep 30 2023 | n/a | n/a | -US$57m |
| Jun 30 2023 | n/a | n/a | -US$48m |
| Mar 31 2023 | n/a | n/a | US$252m |
| Dec 31 2022 | US$9m | US$1m | US$162m |
| Sep 30 2022 | n/a | n/a | US$61m |
| Jun 30 2022 | n/a | n/a | -US$60m |
| Mar 31 2022 | n/a | n/a | -US$326m |
| Dec 31 2021 | US$9m | US$1m | -US$459m |
| Sep 30 2021 | n/a | n/a | -US$609m |
| Jun 30 2021 | n/a | n/a | -US$799m |
| Mar 31 2021 | n/a | n/a | -US$942m |
| Dec 31 2020 | US$13m | US$568k | -US$1b |
| Sep 30 2020 | n/a | n/a | -US$1b |
| Jun 30 2020 | n/a | n/a | -US$819m |
| Mar 31 2020 | n/a | n/a | -US$479m |
| Dec 31 2019 | US$7m | US$1m | US$305m |
| Sep 30 2019 | n/a | n/a | US$235m |
| Jun 30 2019 | n/a | n/a | US$282m |
| Mar 31 2019 | n/a | n/a | US$416m |
| Dec 31 2018 | US$8m | US$1m | US$470m |
| Sep 30 2018 | n/a | n/a | US$476m |
| Jun 30 2018 | n/a | n/a | US$526m |
| Mar 31 2018 | n/a | n/a | US$422m |
| Dec 31 2017 | US$12m | US$1m | US$3b |
Compensation vs Market: Tom's total compensation ($USD10.83M) is above average for companies of similar size in the US market ($USD6.57M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
CEO
Tom Baltimore (61 yo)
7.9yrs
Tenure
US$10,831,214
Compensation
Mr. Thomas Jeremiah Baltimore Jr., also known as Tom, serves as Independent Director of Comcast Corporation since March 15, 2023. He has been the Chief Executive Officer and President at Park Hotels & Reso...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 7.9yrs | US$10.83m | 0.66% $ 19.3m | |
| Executive VP | 7.9yrs | US$3.41m | 0.18% $ 5.3m | |
| Executive VP & Chief Investment Officer | 4.8yrs | US$2.96m | 0.13% $ 3.8m | |
| Executive VP | 4.1yrs | US$2.32m | 0.043% $ 1.3m | |
| Executive Vice President of Design & Construction | 6.2yrs | US$2.55m | 0.085% $ 2.5m | |
| Senior VP & Chief Accounting Officer | 7.9yrs | no data | 0.040% $ 1.2m | |
| Senior Vice President of Corporate Finance & Analytics | less than a year | no data | no data | |
| Senior Vice President of Corporate Strategy | no data | no data | no data | |
| Executive Vice President of Human Resources | 7.8yrs | US$1.32m | 0.056% $ 1.6m | |
| Senior Vice President of Tax | no data | no data | no data | |
| Senior Vice President of Investments | 4.8yrs | no data | no data | |
| Executive Vice President of Asset Management | 3.2yrs | no data | 0.019% $ 545.2k |
5.5yrs
Average Tenure
49.5yo
Average Age
Experienced Management: PK's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 7.9yrs | US$10.83m | 0.66% $ 19.3m | |
| Lead Director | 7.8yrs | US$271.74k | 0.052% $ 1.5m | |
| Independent Director | 7.8yrs | US$247.48k | 0.057% $ 1.7m | |
| Independent Director | 5.2yrs | US$247.55k | 0.078% $ 2.3m | |
| Independent Director | 5.2yrs | US$235.39k | 0.11% $ 3.1m | |
| Independent Director | 7.8yrs | US$234.97k | 0.054% $ 1.6m | |
| Independent Director | 7.9yrs | US$252.47k | 0.058% $ 1.7m | |
| Independent Director | 7.4yrs | US$235.98k | 0.019% $ 556.6k | |
| Independent Director | less than a year | no data | 0.0072% $ 212.2k |
7.8yrs
Average Tenure
63.5yo
Average Age
Experienced Board: PK's board of directors are considered experienced (7.8 years average tenure).