Park Hotels & Resorts CEO Thomas Baltimore's 2021 pay falls 26% to $9.4M
Park Hotels & Resorts reports 2021 executive compensation
By ExecPay News
Published: March 16, 2022
Park Hotels & Resorts reported fiscal year 2021 executive compensation information on March 16, 2022.
In 2021, five executives at Park Hotels & Resorts received on average a compensation package of $3.6M, a 19% decrease compared to previous year.
Average pay of disclosed executives at Park Hotels & Resorts
Thomas J. Baltimore, Jr, Chief Executive Officer, received $9.4M in total, which decreased by 26% compared to 2020. 67% of Baltimore's compensation, or $6.3M, was in stock awards. Baltimore also received $2.1M in non-equity incentive plan, $1M in salary, as well as $960 in other compensation.
For fiscal year 2021, the median employee pay was $249,093 at Park Hotels & Resorts. Therefore, the ratio of Thomas J. Baltimore, Jr's pay to the median employee pay was 38 to one.
Sean M. Dell'Orto, Chief Financial Officer, received a compensation package of $2.8M, which decreased by 26% compared to previous year. 58% of the compensation package, or $1.6M, was in stock awards.
Thomas C. Morey, Chief Investment Officer, earned $2.5M in 2021, a 25% decrease compared to previous year.
Carl A. Mayfield, Executive Vice President, Design and Construction, received $2M in 2021, which decreases by 24% compared to 2020.
Nancy M. Vu, General Counsel, earned $1.2M in 2021.
Related executives
Thomas Baltimore
Park Hotels & Resorts
Chief Executive Officer
Sean Dell'Orto
Park Hotels & Resorts
Chief Financial Officer
Carl Mayfield
Park Hotels & Resorts
Executive Vice President, Design and Construction
Thomas Morey
Park Hotels & Resorts
Chief Investment Officer
Nancy Vu
Park Hotels & Resorts
General Counsel
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Source: SEC filing on March 16, 2022.