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VAC

Marriott Vacations President to Retire

Marriott Vacations Worldwide Corporation (NYSE: VAC) has announced the upcoming retirement of Brian E. Miller, President of Vacation Ownership, effective December 31, 2025, after a distinguished career spanning over three decades with the company. Mr. Miller will continue as an advisor to the company's President and CEO through March 27, 2026.

During his tenure, Mr. Miller has played a pivotal role in shaping MVW's vacation ownership business, guiding the organization through significant milestones and industry transformations. His leadership has been instrumental in driving operational excellence, enhancing guest and owner satisfaction, and strengthening the company's reputation as a global leader in hospitality.

As part of the planned transition, effective January 1, 2026, Stephanie Sobeck Butera, Executive Vice President and Chief Operating Officer, Hyatt Vacation Ownership, and John Fitzgerald, Executive Vice President and Chief Marketing, Sales & Service Officer, will report directly to the President and CEO of Marriott Vacations Worldwide. Additional organizational shifts resulting from Mr. Miller's retirement will be announced at a later date.

Marriott Vacations Worldwide Corporation is a leading global vacation company with approximately 120 vacation ownership resorts and approximately 700,000 owner families. The company also operates an exchange network and membership programs comprised of more than 3,200 affiliated resorts in over 90 countries and territories, and provides management services to other resorts and lodging properties.

As a leader and innovator in the vacation industry, the company upholds the highest standards of excellence in serving its customers, investors, and associates while maintaining exclusive, long-term relationships with Marriott International, Inc. and an affiliate of Hyatt Hotels Corporation for the development, sales, and marketing of vacation ownership products and services. Following these announcements, the company's shares moved -6.85%, and are now trading at a price of $46.78. If you want to know more, read the company's complete 8-K report here.

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