Core Viewpoint - Marriott Vacations Worldwide has announced key leadership appointments, naming Matthew E. Avril as Chief Executive Officer and Michael A. Flaskey as President and Chief Operating Officer, aiming to enhance operational execution and drive sustainable performance improvement [1][2]. Leadership Appointments - Matthew E. Avril has been appointed as CEO, having served as interim President and CEO since November 2025, and has been a board member since March 2025 [1][2]. - Michael A. Flaskey has been appointed as President and COO, bringing over 25 years of experience in the vacation ownership and hospitality industries [1][2]. Strategic Focus - Avril emphasizes a focused approach to performance, aiming to strengthen marketing and sales execution, enhance profitability, and reinforce a performance-driven culture [1]. - Flaskey will oversee MVW's commercial strategy and all brand, commercial, and operating functions, focusing on enhancing owners' lifetime value through a differentiated market approach [1]. Compensation Plan - A new compensation plan has been introduced for the CEO and President & COO roles, linking rewards to long-term share price appreciation and EBITDA growth [1]. - Two-thirds of long-term equity awards are contingent on achieving $950 million in Adjusted EBITDA and a stock price of $145 over a three-year horizon [1]. Company Overview - Marriott Vacations Worldwide is a leading global vacation company with 120 vacation ownership resorts and approximately 700,000 owner families [2]. - The company operates an exchange network and membership programs with over 3,200 affiliated resorts in more than 90 countries [2].