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Marriott Vacations Worldwide Corporation (VAC)


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Marriott Vacations Worldwide Corporation

6649 Westwood Boulevard
Suite 500
Orlando, FL 32821
United States
407-206-6000
http://www.marriottvacationsworldwide.com

SectorServices
IndustryResorts & Casinos
Full Time Employees11,000

Key Executives

NameTitlePayExercisedAge
Mr. Stephen P. WeiszChief Exec. Officer, Pres and Director1.95MN/A66
Mr. John E. Geller Jr.Chief Financial Officer and Exec. VP1.04MN/A49
Mr. Ralph Lee CunninghamChief Operating Officer and Exec. VP788.27kN/A57
Mr. Brian E. MillerChief Sales & Marketing Officer and Exec. VP1.16MN/A54
Ms. Lizabeth Kane-HananChief Growth & Inventory Officer and Exec. VP686.27kN/A51
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Marriott Vacations Worldwide Corporation develops, markets, sells, and manages vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands. The company also develops, markets, and sells vacation ownership and related products under The Ritz-Carlton Destination Club brand; and holds right to develop, market, and sell ownership residential products under The Ritz-Carlton Residences brand. It sells points-based vacation ownership products through Marriott Vacation Club points-based ownership programs focused in North America and the Asia Pacific; and weeks-based vacation ownership products. As of December 30, 2016, the company operated 60 properties with 13,318 vacation ownership villas and approximately 400,000 owners in the United States, and 8 other countries and territories. In addition, it is involved in financing consumer purchases of vacation ownership products; and renting vacation ownership inventory. The company sells its upscale tier vacation ownership products primarily through a network of resort-based sales centers and off-site sales locations. Marriott Vacations Worldwide Corporation is headquartered in Orlando, Florida.

Corporate Governance

Marriott Vacations Worldwide Corporation’s ISS Governance QualityScore as of May 1, 2017 is 6. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 10; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.