Hilton Grand Vacations CEO Mark Wang's 2018 pay rises 13% to $7.1M

Hilton Grand Vacations reports 2018 executive compensation

By ExecPay News

Published: March 26, 2020

Hilton Grand Vacations reported fiscal year 2018 executive compensation information on March 26, 2020.
In 2018, eight executives at Hilton Grand Vacations received on average a compensation package of $2.4M, a 16% decrease compared to previous year.
Average pay of disclosed executives at Hilton Grand Vacations
Mark D. Wang, Chief Executive Officer, received $7.1M in total, which increased by 13% compared to 2017. 43% of Wang's compensation, or $3M, was in stock awards. Wang also received $2.3M in non-equity incentive plan, $725K in option awards, $1M in salary, as well as $35K in other compensation.
For fiscal year 2018, the median employee pay was $40,457 at Hilton Grand Vacations. Therefore, the ratio of Mark D. Wang's pay to the median employee pay was 177 to one.
Sherri A. Silver, Chief Marketing Officer, received a compensation package of $2.6M. 46% of the compensation package, or $1.2M, was in non-equity incentive plan.
Dennis DeLorenzo, Executive Vice President and Chief Sales Officer, earned $2.4M in 2018, a 19% increase compared to previous year.
Gordon S. Gurnik, Chief Operating Officer, received $2M in 2018.
Stan R. Soroka, Executive Vice President and Chief Customer Officer, earned $2M in 2018, a 8% increase compared to previous year.
James E. Mikolaichik, Chief Financial Officer, received $1.5M in 2018, which decreases by 50% compared to 2017.
Allen J. Klingsick, Chief Accounting Officer, earned $1.1M in 2018.
Daniel J. Mathewes, Chief Financial Officer, received $645K in 2018.

Related executives

Stan Soroka

Hilton Grand Vacations

Executive Vice President and Chief Customer Officer

Mark Wang

Hilton Grand Vacations

Chief Executive Officer

Daniel Mathewes

Hilton Grand Vacations

Chief Financial Officer

Gordon Gurnik

Hilton Grand Vacations

Chief Operating Officer

Dennis DeLorenzo

Hilton Grand Vacations

Executive Vice President and Chief Sales Officer

Sherri Silver

Hilton Grand Vacations

Chief Marketing Officer

Allen Klingsick

Hilton Grand Vacations

Chief Accounting Officer

James Mikolaichik

Hilton Grand Vacations

Chief Financial Officer

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Source: SEC filing on March 26, 2020.