Marriott Vacations Worldwide Corporation

Marriott Vacations Worldwide Completes $460 Million Term Securitization

Marriott Vacations Worldwide completed a $460 million securitization of vacation ownership loans through subsidiary MVW 2026-2 LLC, with a blended interest rate of 5.91% and a 98% gross advance rate. The notes are backed by roughly $470 million of loans across the company's timeshare brands and were sold to qualified institutional buyers under Rule 144A/Regulation S. Proceeds will pay down outstanding credit facility obligations and fund general corporate purposes. CFO Jason Marino highlighted successful execution despite a challenging ABS market, supporting the company's liquidity access.

•5d ago

Marriott Vacations Worldwide Appoints Heena Patel as Chief Revenue Management Officer

Marriott Vacations Worldwide appointed Heena Patel as Chief Revenue Management Officer, a newly created role on the Executive Leadership Team reporting to President and COO Mike Flaskey. Patel will lead resort inventory optimization and revenue management strategy, connecting inventory, rental demand, and digital commerce. She joins from Travel + Leisure Co., where she was SVP of Rental Operations, Digital Marketing & Commerce, with more than 25 years of industry experience. The appointment is an organizational build-out rather than a replacement, with no financial impact disclosed.

•6d ago

Marriott Vacations Worldwide Corporation Announces Third Quarter Earnings Release and Conference Call

Marriott Vacations Worldwide will report third quarter 2026 results on Wednesday, November 4th, with a conference call at 8:30 a.m. ET that morning. The call is accessible by phone and via live webcast in the Investor Relations section of the company's website, with an audio replay available for 30 days. This is a scheduling notice only and contains no financial results or guidance.

•18d ago

Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend

Marriott Vacations Worldwide's board authorized a quarterly cash dividend of $0.80 per share of common stock. The dividend is payable on or around September 30, 2026, to stockholders of record as of the close of business on September 16, 2026. The declaration maintains the company's existing capital-return cadence, with no change in rate or special dividend announced.

•1mo ago

Marriott Vacations Worldwide Appoints Vladimir Anokhin as Chief Strategy & Transformation Officer

Marriott Vacations Worldwide appointed Vladimir Anokhin as Chief Strategy & Transformation Officer, reporting to CEO Matt Avril. Anokhin will lead transformation initiatives, data analytics, AI adoption, and product development, leveraging previous experience at Invited Clubs and Diamond Resorts. The appointment aims to strengthen alignment across disciplines and position the company for long-term success.

•2mo ago

VAC: 8-K · leadership change

Marriott Vacations Worldwide Corporation disclosed that Executive Vice President and CFO Jason P. Marino entered into a new employment agreement effective July 30, 2026. The agreement confirms his continued leadership and establishes a minimum annual base salary of $650,000, subject to annual increases determined by the Board’s Compensation Policy Committee. Mr. Marino is eligible for a target annual cash bonus equal to 110% of his base salary, with a maximum potential bonus of 220%. Additionally, he was granted a "CFO Transformation Award" consisting of up to 75,000 restricted stock units, which vest based on the achievement of specific stock price and Adjusted EBITDA goals through December 31, 2028. The employment agreement includes severance provisions providing for a lump sum payment equal to two times the sum of his base salary and target bonus upon termination without cause. It also stipulates a two-year post-employment non-compete period restricting Mr. Marino from engaging in the vacation ownership business.

SEC 8-K•2mo ago

VAC: 8-K · leadership change

Lori Gustafson, Executive Vice President and Chief Brand and Digital Officer, will separate from Marriott Vacations Worldwide Corporation effective July 31, 2026. The separation is due to an internal reorganization that eliminates the Chief Brand and Digital Officer position. Gustafson entered into a separation agreement providing for a severance payment of $1.425 million, which represents one and one-half times her base salary plus target bonus. She is also eligible for a potential additional payment based on the company's 2026 actual performance and will receive COBRA premium payments for 18 months. The agreement extends the exercise period for her 9,590 vested stock appreciation rights to five years and provides for executive outplacement services. These benefits are contingent upon Gustafson signing a general release of claims and agreeing to 12-month non-competition and non-solicitation covenants.

SEC 8-K•3mo ago

Marriott Vacations Worldwide Corporation Announces Second Quarter Earnings Release and Conference Call

Marriott Vacations Worldwide Corporation announced it will report its second quarter 2026 financial results on Thursday, August 6th. The company will host a conference call at 8:30 a.m. ET on that day to discuss the results, with live and replay access available via its investor relations website. The firm operates approximately 120 vacation ownership resorts and maintains relationships with Marriott International and Hyatt Hotels for product development and marketing.

•3mo ago

VAC: 8-K · proxy statement

Marriott Vacations Worldwide Corporation held its 2026 annual meeting of stockholders on May 15, 2026, where shareholders approved the re-election of all nine director nominees and ratified the selection of Ernst & Young LLP as independent auditors. Shareholders also approved the Second Amended and Restated 2020 Equity Incentive Plan, which extends the plan’s term through May 15, 2036, and increases the number of shares available for equity awards by 2,500,000. The approval of the equity plan was supported by approximately 69% of votes cast, while the say-on-pay proposal received support from roughly 82% of votes cast, indicating continued shareholder confidence in executive compensation practices.

SEC 8-K•5mo ago

Marriott Vacations Worldwide to Participate at the Morgan Stanley Travel & Leisure Conference

Marriott Vacations Worldwide (VAC) will participate in the Morgan Stanley 4th Annual Travel & Leisure Conference on June 2, 2026. President and COO Mike Flaskey and EVP and CFO Jason Marino are scheduled for a fireside chat from 8:45 to 9:20 a.m. ET. A live webcast will be available on the company's investor relations website, with an audio replay accessible for 30 days.

•5mo ago

Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend

Marriott Vacations Worldwide declared a quarterly cash dividend of $0.80 per share. The payment is scheduled for June 10, 2026, to shareholders of record as of May 27, 2026. This is a routine maintenance of the existing dividend policy with no change in rate.

•5mo ago

Marriott Vacations Worldwide Corporation Announces First Quarter Earnings Release and Conference Call

Marriott Vacations Worldwide Corporation announced it will report financial results for the first quarter of 2026 on Tuesday, May 5th. The company plans to host a conference call at 8:30 a.m. ET that morning to discuss the results. Investors can access the live call via webcast on the company's website or by dialing the provided domestic and international numbers.

•6mo ago