Chris Nassetta brought Hilton Worldwide Holdings back from near-death by creating a culture that rewards employees to provide great hotel service. Before you feel sorry for Nassetta’s base salary of a mere $850,000 and $2.26 million in total compensation in 2013 (both lowest among the top … Previously, Mr. Nassetta was President and Chief Executive Officer of Host Hotels & Resorts, Inc., a position he held since 2000. Four years later, Mr Nassetta returned the company to the public markets at a valuation of $2.4bn. Christopher has made over 10 trades of the Hilton Worldwide Inc stock since 2006, according to the Form 4 filled with the SEC. Of this total $1,291,346 was received as a salary, $2,397,525 was received as a bonus, $4,312,483 was received in stock options, $12,937,424 was awarded as stock and $435,343 came from other types of compensation. As the President, Chief Executive Officer, and Director of Hilton Worldwide Inc, the total compensation of Christopher Nassetta at Hilton Worldwide Inc is $21,374,100. Speaking at the 41st annual NYU International Hospitality Industry Investment Conference last week, Hilton's CEO, Christopher Nassetta says he doesn't tip housekeepers. Christopher has made over 10 trades of the Hilton Worldwide stock since 2006, according to the Form 4 filled with the SEC. Hilton President and CEO Chris Nassetta will forgo his salary for the rest of the year and the company's executive committee will take a 50% pay cut for the duration of the crisis prompted by the coronavirus, the company said. Most corporate headcount has been put on furlough for 90 days. Coronavirus Tips – Working and Protection. A link has been sent to your friend's email address. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. As President & Chief Executive Officer at HILTON WORLDWIDE HOLDINGS, Christopher J. Nassetta made $21,374,121 in total compensation. Read or Share this story: https://www.usatoday.com/story/money/2020/03/26/coronavirus-furloughs-job-cuts-hilton-ceo-forgoing-salary/2922894001/, Furloughed Hilton workers offered access to other jobs during coronavirus pandemic, Hyatt announces furloughs, pay cuts as coronavirus crushes industry, Your California Privacy Rights/Privacy Policy. In 2018, Nassetta's salary was $1.25 million and he also received performance-related compensation. I think they’re inspired by that. Alternate phone number for … Let friends in your social network know what you are reading about. The executive team’s pay has been cut by 50% for the duration of the crisis. He joined the company in 2007. Previously, Mr. Nassetta was President and Chief Executive Officer of Host Hotels Resorts, Inc., a position he held since 2000. ... Nassetta will defer his salary for the entire year. © 2021 USA TODAY, a division of Gannett Satellite Information Network, LLC. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. In 2018, Nassetta's salary was $1.25 million and he also received performance-related compensation. What is the salary of Christopher Nassetta? Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. The company announced Monday it would furlough workers as opposed to laying them off. Nassetta will defer his salary for the entire year. There are no executives at Hilton Worldwide Inc getting paid more. Taking time away to be with my wife and daughters is one of the most important things to me, so I’m thrilled to join Project: Time Off in celebrating National #PlanForVacation Day. 31010 [email protected] Another possible email address for Nassetta: [email protected] Hilton also has a dedicated email for its chief executive: ceo @ hilton.com. Of this total $1,291,346 was received as a salary, $2,397,525 was received as a bonus, $4,312,483 was received in stock options, $12,937,424 was awarded as stock and $435,343 came from "With travel at a virtual standstill, operations have been suspended across many managed and franchised hotels, and those hotels that remain open have reduced services for guests because of decreased occupancy levels," the company said. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. HILTON WORLDWIDE HOLDINGS annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Most recently he sold 406 units of HLT stock worth $231,822 on 25 October 2019. A link has been posted to your Facebook feed. This information is according to proxy statements filed for the 2019 fiscal year. Christopher Nassetta: $18,790,698: $11,001,328: $7,789,370: $33,168: 325 times: Choice Hotels International: Former President and CEO: Stephen P. … All proxy statements are public filings made available to the general public by the SEC. Most recently he sold 406 units of … He joined the company in 2007. Hilton CEO says it took "conviction", "discipline", and "focus" to turn around the legendary hotel chain. What is the salary of Christopher Nassetta? ", Many of the corporate team's reduced schedules or furloughs of up to 90 days, which were announced March 23, will begin April 4, the release detailed. 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