---
schema_version: "secwatch.filing_event.v1"
accession: "0001361658-24-000129"
form_type: "8-K"
ticker: "TNL"
cik: "0001361658"
company_name: "Travel & Leisure Co."
filed_at: "2024-05-20T23:59:59+00:00"
generated_at: "2026-06-01T12:25:37.895630+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Travel + Leisure extends CEO/CFO employment agreements through May 2027

## Summary
- CEO Michael Brown and CFO Michael Hug sign amended employment agreements effective June 1, 2024, extending term to May 31, 2027.
- Brown's base salary set at $1,310,500; target annual incentive 175% of base salary.
- Severance on qualifying termination equals 299% of base salary plus highest prior three-year incentive (capped at target).
- Shareholders approved certificate amendments for officer exculpation and exclusive federal forum for Securities Act claims.
- All director nominees elected at May 15, 2024 annual meeting; Deloitte ratified as auditor.

## SEC filing metadata
- accession: 0001361658-24-000129
- form_type: 8-K
- ticker: TNL
- cik: 0001361658
- company_name: Travel & Leisure Co.
- filed_at: 2024-05-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1361658/000136165824000129/0001361658-24-000129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1361658/000136165824000129/wyn-20240515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001361658-24-000129
- JSON: https://secwatch.observer/filing/0001361658-24-000129.json
- Plain text: https://secwatch.observer/filing/0001361658-24-000129.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.