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.
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.
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