---
schema_version: "secwatch.filing_event.v1"
accession: "0001524358-25-000168"
form_type: "8-K"
ticker: "VAC"
cik: "0001524358"
company_name: "MARRIOTT VACATIONS WORLDWIDE Corp"
filed_at: "2025-11-10T23:59:59+00:00"
generated_at: "2026-05-16T22:21:50.672100+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Marriott Vacations CEO Geller resigns at board request; Avril named interim CEO

## Summary
- John Geller resigned as President/CEO and director at board's request effective Nov 10; not due to disagreement.
- Separation includes $5M severance (2x salary+bonus) plus $1.29M prorated bonus, restrictive covenants.
- Board appointed Matthew Avril as Interim President/CEO; base salary $1M/yr plus equity (SARs 100k shares, RSUs 50k shares).
- Company reaffirms 2025 guidance issued Nov 5; postpones Dec 17 Investor Day indefinitely.
- Company intends to repurchase shares opportunistically under remaining $347M buyback authorization.

## SEC filing metadata
- accession: 0001524358-25-000168
- form_type: 8-K
- ticker: VAC
- cik: 0001524358
- company_name: MARRIOTT VACATIONS WORLDWIDE Corp
- filed_at: 2025-11-10T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1524358/000152435825000168/0001524358-25-000168-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1524358/000152435825000168/vac-20251108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001524358-25-000168
- JSON: https://secwatch.observer/filing/0001524358-25-000168.json
- Plain text: https://secwatch.observer/filing/0001524358-25-000168.txt

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