Leadership & Pay ·
Park Hotels grants up to 663K shares of restricted stock to retain key executives during leadership transition
PKPark Hotels & Resorts Inc.
On September 3, 2026, Park Hotels & Resorts Inc.'s Compensation Committee approved one-time restricted stock awards to retain key executives during a leadership transition. CEO Thomas J. Baltimore, Jr. received 331,564 shares; CFO Sean M. Dell’Orto received 165,782 shares; EVP Carl A. Mayfield received 99,469 shares; and EVP Nancy M. Vu received 66,312 shares. The awards vest in full on the fourth anniversary of the grant date, subject to continued employment, with accelerated vesting provisions for termination without cause or following a change in control. Park Hotels & Resorts Inc. operates in the hospitality industry, owning and managing luxury hotels.