Park Hotels & Resorts CEO Thomas Baltimore's 2018 pay falls 36% to $7.6M
Park Hotels & Resorts reports 2018 executive compensation
By ExecPay News
Published: March 29, 2019
Park Hotels & Resorts reported fiscal year 2018 executive compensation information on March 29, 2019.
In 2018, five executives at Park Hotels & Resorts received on average a compensation package of $3.4M, a 37% decrease compared to previous year.
Thomas J. Baltimore, Jr, Chief Executive Officer, received $7.6M in total, which decreased by 36% compared to 2017. 49% of Baltimore's compensation, or $3.7M, was in stock awards. Baltimore also received $2.2M in non-equity incentive plan, $1M in salary, as well as $639K in other compensation.
Sean M. Dell'Orto, Chief Financial Officer, received a compensation package of $2.5M, which decreased by 40% compared to previous year. 43% of the compensation package, or $1.1M, was in stock awards.
Robert D. Tanenbaum, Executive Vice President, Asset Management, earned $2.5M in 2018, a 51% decrease compared to previous year.
Matthew A. Sparks, Chief Investment Officer, received $2.4M in 2018, which decreases by 23% compared to 2017.
Thomas C. Morey, General Counsel, earned $2.2M in 2018, a 29% decrease compared to previous year.
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