W. Edward Walter, a seasoned executive in the hospitality industry, served as the President and CEO of Host Hotels & Resorts from 2009 until 2016. With a degree from the University of Maryland, he has a solid background in managing...

Current Market Cap

$12.22B

Number of Employees

163

Total Compensation

2012 - 2016

Trending up by 161.64% last year
Showing total compensation for the last 2012 - 2016

Stock

Up by 196.66% last year

Salary

Up by 0.00% last year

Bonus

Down by -100.00% last year

Other

Up by 2310.04% last year

Year

2016

Total Compensation

$10.98M

Salary

$952.75K

Board Justification

The compensation philosophy emphasizes performance-based compensation that aligns with stockholder interests, focusing on annual and long-term incentives to attract and retain talented executives.

Bonus

$0.00

Board Justification

Mr. Walter was not entitled to receive a separate annual cash bonus for performance year 2016 under the Company’s annual incentive plan, which requires employment on the date of payment.

Other

$5.44M

Board Justification

Includes severance payment of $5,279,500, continued health benefits valued at $38,417, and other compensation such as tax reimbursements and life insurance premiums.

Restricted Stock

$4.59M(250.68K common stock)

Board Justification

Mr. Walter vested in 250,681 shares of common stock, which represented shares that would vest at the 'target' level of performance for 2016 (50% of his annual award).

Performance Metrics

The performance metrics include Adjusted FFO per diluted share and Return on Invested Capital (ROIC) for annual cash incentives.

SEC Filing

From April 3, 2017

W. Edward Walter

Ex-CEO of Host Hotels & Resorts

WE

Education

Bachelor's degree from the University of Maryland.

Field of Expertise

Other - Hospitality

Born

October 1, 1950 - 74 years ago

Is Founder?

No

Tenure

7 years 11 months (Jan 2009 - Dec 2016)

Previous Experience

President and Chief Executive Officer of Host Hotels & Resorts, Inc. since 2009; served as a director since 1995.

View Holdings

Insider Holdings of W. Edward Walter

HST

$9.87M

-$4.82M (-32.80%)

Last Insider Trade

AVB

990 shares

AVB

Jun 1, 2023

Received