Mark D. Wang has been at the helm of Hilton Grand Vacations (HGV) since January 2017, initially as President and later as Chief Executive Officer. With a focus on hospitality, he's driven strategic decisions at HGV during a crucial phase,...
Mark D. Wang has been at the helm of Hilton Grand Vacations (HGV) since January 2017, initially as President and later as Chief Executive Officer. With a focus on hospitality, he's driven strategic decisions at HGV during a crucial phase, steering the company through a challenging business landscape, especially amid the pandemic. Under his leadership, the firm's performance-based incentives align closely with company goals like Economic Adjusted EBITDA. In 2023, his total compensation amounted to nearly $10 million, reflecting his effective leadership. Interestingly, Mark's incentive structures emphasize cash bonuses heavily tied to performance, indicating a commitment to aligning executive compensation directly with company success. He has a substantial number of performance-based stock units granted to him, highlighting his belief in the potential of HGV's long-term growth. His past compensation packages included a mixture of salary, bonuses, and stock options, showing a consistent approach of rewarding performance over time. This focus on results suggests that he values a transparent and accountable business strategy, paving a path towards HGV's sustainable growth in the hospitality industry.