secwatch.observer — SEC 8-K summary
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Issuer:     Travel & Leisure Co. (TNL)
CIK:        0001361658
Form:       8-K
Filed at:   2025-05-01T23:59:59+00:00
Accession:  0001361658-25-000209
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Travel + Leisure Co. appoints Erik Hoag as CFO; Mike Hug retiring after 26 years
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- Erik D. Hoag named CFO effective May 19, 2025; joins from FIS where he served as CFO and Chief Integration Officer.
- Outgoing CFO Mike Hug to step down on May 19, remain as employee until retirement on June 9, 2025.
- Hoag receives $650K base salary, 85% target annual bonus, $2.5M annual equity grant, and $2.225M one-time equity grant.
- Company highlights portfolio expansion including Accor Vacation Club (2024) and Sports Illustrated Resorts (2023) acquisitions.
- Hoag brings 25+ years of finance leadership from FIS, Bank of America, Truist, and HSBC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1361658/000136165825000209/0001361658-25-000209-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1361658/000136165825000209/wyn-20250429.htm
  HTML page:      https://secwatch.observer/filing/0001361658-25-000209

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