Mark S. Hoplamazian, the President and Chief Executive Officer (Principal Executive Officer) of Hyatt Hotels Corporation, received a total compensation of $20,790,267.
Understanding CEO Compensation at Hyatt
Chief Executive Officer compensation packages, particularly for leaders of major global hospitality companies like Hyatt Hotels Corporation, are designed to reflect the scale of their responsibilities, company performance, and market benchmarks. For Mark S. Hoplamazian, who serves as the President and Principal Executive Officer, his total earnings encompass various components, typically including base salary, annual bonuses, stock awards, option awards, and other forms of compensation.
The compensation for the President and CEO of Hyatt is detailed as follows:
| Executive | Role | Total Compensation |
|---|---|---|
| Mark S. Hoplamazian | President and CEO (Principal Executive Officer) | $20,790,267 |
This figure represents his comprehensive earnings for the period, reflecting a robust package designed to align his incentives with the long-term success and shareholder value of Hyatt Hotels Corporation.
Components of Executive Compensation
While specific breakdowns can vary by year and company policy, CEO total compensation typically comprises several key elements:
- Base Salary: A fixed annual amount paid to the executive.
- Annual Incentive Plan (Bonus): Performance-based cash awards tied to short-term company or individual goals, such as revenue growth, profitability, or customer satisfaction.
- Long-Term Incentive Plan (Equity Awards): This often constitutes the largest portion and includes stock options, restricted stock units (RSUs), or performance share units (PSUs) that vest over several years. These awards directly align the executive's interests with the company's long-term stock performance and strategic objectives.
- Other Compensation: This category includes various benefits and perks, such as retirement contributions, deferred compensation plans, and other executive benefits.
The structure of executive compensation, with a significant emphasis on equity-based incentives, encourages executives to make decisions that drive sustainable growth, foster innovation, and enhance overall financial health and shareholder returns.
