As CEO, Thomas J. Baltimore, Jr. has significant financial stakes in Park Hotels & Resorts Inc. His at-risk compensation model is reflective of the company’s performance. In 2023, Baltimore’s vested stock awards totaled over $2.2 million, alongside a significant annual...
As CEO, Thomas J. Baltimore, Jr. has significant financial stakes in Park Hotels & Resorts Inc. His at-risk compensation model is reflective of the company’s performance. In 2023, Baltimore’s vested stock awards totaled over $2.2 million, alongside a significant annual bonus of around $2.4 million based on hitting specific targets. Notably, his influence peaked during the major acquisition of Chesapeake Lodging Trust, marking a pivotal moment for the company. Over recent years, his holdings in the company’s shares have shifted, aligning his financial interests closely with shareholders’ perspectives. This setup emphasizes his commitment to driving the company's growth while ensuring his interests remain tied to Park’s financial health.