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Posted 04 January, 2021

MARRIOTT VACATIONS WORLDWIDE Corp appointed new CEO

CEO Change detected for ticker NYSE:VAC in a 8-K filed on 04 January, 2021.


  On January 4, 2021, Marriott Vacations Worldwide Corporation (the "Company") announced that its Board of Directors has appointed John E. Geller, formerly the Company's Executive Vice President and Chief Financial and Administrative Officer, to serve as President, Marriott Vacations Worldwide & Chief Financial Officer, effective January 2, 2021. Mr. Geller will continue to report to Stephen P. Weisz, who, effective January 2, 2021, will serve as the Company's Chief Executive Officer.  

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Overview of MARRIOTT VACATIONS WORLDWIDE Corp
Leisure/Arts/Hospitality • Hotels
Marriott Vacations Worldwide Corp. is a global vacation company engaged in vacation ownership, exchange, rental and resort and property management, along with related businesses, products and services. It operates through Vacation Ownership and Exchange & Third-Party Management. The Vacation Ownership segment develops, markets, sells, and manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton Vacation Club, Westin Vacation Club, and Hyatt Residence Club brands. The Exchange and Third-Party Management segment consists of exchange networks and membership programs, as well as the management of resorts and lodging properties. The company was founded in 1984 and is headquartered in Orlando, FL.
Market Cap
$3.23B
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MARRIOTT VACATIONS WORLDWIDE Corp by TradingView
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 4, 2021, Marriott Vacations Worldwide Corporation (the "Company") announced that its Board of Directors has appointed John E. Geller, formerly the Company's Executive Vice President and Chief Financial and Administrative Officer, to serve as President, Marriott Vacations Worldwide & Chief Financial Officer, effective January 2, 2021. Mr. Geller will continue to report to Stephen P. Weisz, who, effective January 2, 2021, will serve as the Company's Chief Executive Officer.

Mr. Geller, 53, served as the Company's Executive Vice President and Chief Financial and Administrative Officer since January 2018. From 2009 until December 2017, he served as the Company's Executive Vice President and Chief Financial Officer. 

A copy of the press release announcing these changes is filed herewith as Exhibit 99.1.