secwatch.observer — SEC 8-K summary
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Issuer:     MARRIOTT VACATIONS WORLDWIDE Corp (VAC)
CIK:        0001524358
Form:       8-K
Filed at:   2023-07-25T23:59:59+00:00
Accession:  0001524358-23-000026
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marriott Vacations Worldwide Names Jason Marino as CFO Effective Sept 30
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- Jason Marino promoted to EVP and CFO, replacing retiring Tony Terry; effective Sept 30, 2023.
- Marino currently SVP Strategy, FP&A and Operational Finance; nearly 10 years at company.
- Compensation: $475K base salary, 100% bonus target, $250K RSU grant (3-yr vest), $1M equity grant in 2024.
- Marino led $4B ILG acquisition (2018) and Welk Resorts acquisition (2021); responsible for capital strategy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1524358/000152435823000026/0001524358-23-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1524358/000152435823000026/vac-20230725.htm
  HTML page:      https://secwatch.observer/filing/0001524358-23-000026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer