How Brown was paid
$16M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Michael D. BrownPresident and Chief Executive Officer | $1,331,756 | $10,849,962 | $3,331,300 | $487,675 | $16,000,693 |
| Erik HoagChief Financial Officer | $375,000 | $4,749,929 | $490,674 | $192,762 | $5,808,365 |
| Geoffrey RichardsChief Operating Officer - Vacation Ownership | $656,395 | $3,199,936 | $792,738 | $170,145 | $4,819,214 |
| Jeffrey MyersChief Sales and Marketing Officer - Vacation Ownership | $616,934 | $3,199,936 | $1,024,285 | $175,671 | $5,016,826 |
| James SavinaGeneral Counsel and Corporate Secretary | $623,579 | $1,859,967 | $665,469 | $169,786 | $3,318,801 |
| Michael A. HugFormer Chief Financial Officer | $368,950 | — | — | $80,028 | $448,978 |
What changed and why
- $16MMichael D. Brown received total compensation of $16,000,693 for fiscal year 2025, an increase from $14,659,501 in 2024.
- 90%Annual incentive metrics maintained a 90% weighting on corporate and business unit Adjusted EBITDA with a 10% strategic goal.
- 50%Long-term incentives for the CEO consisted of 50% performance stock units and 50% time-vesting restricted stock units.
- $57,430The ratio of the CEO to median employee annual total compensation was 279 to 1 based on median pay of $57,430.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.