In 2018, Nassetta's salary was $1.25 million and he also received performance-related compensation. What is the salary of Christopher Nassetta? Hilton Worldwide Holdings Inc. CEO Chris Nassetta, ... he will be entitled to a severance of 2.99 times his current base salary and target annual bonus in effect at that time. 31010 [email protected] Another possible email address for Nassetta: [email protected] Hilton also has a dedicated email for its chief executive: ceo @ hilton.com. Rankings In 2019 , Christopher J. Nassetta's compensation ranked … The information shown here is a reporting of information included in the company's proxy statement. Chris Nassetta: I think it is very much a family environment… we all know we have a big job to do, and I think everybody in this company works really hard (particularly on the frontline, but even in the corporate side) and really does genuinely get motivated by the positive impact we’re having on people’s lives. Hilton CEO says it took "conviction", "discipline", and "focus" to turn around the legendary hotel chain. The chart on this page features a breakdown of the total annual pay for Christopher J. Nassetta, President & Chief Executive Officer at HILTON WORLDWIDE HOLDINGS as reported in their proxy statements. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Hilton announced additional cuts in response to the coronavirus pandemic Thursday. As he read the email—a private equity firm had purchased a hotel chain—he had a feeling the news was going to affect not just his job, but his life. His net worth is about $13.6 million. There are no executives at Hilton Worldwide Inc getting paid more. Hilton CEO Christopher Nassetta is no stranger to managing through crises. Let friends in your social network know what you are reading about. ... Nassetta will defer his salary for the entire year. The executive team’s pay has been cut by 50% for the duration of the crisis. ", Many of the corporate team's reduced schedules or furloughs of up to 90 days, which were announced March 23, will begin April 4, the release detailed. Christopher Nassetta: $18,790,698: $11,001,328: $7,789,370: $33,168: 325 times: Choice Hotels International: Former President and CEO: Stephen P. … You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). As the President, Chief Executive Officer, and Director of Hilton Worldwide Inc, the total compensation of Christopher Nassetta at Hilton Worldwide Inc is $21,374,100. By the end of October 2018, Christopher had an estimated net … CEO Christopher Nassetta has foregone his 2020 salary and other executives had their salaries cut in half. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Hilton CEO forgoes salary . The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. A link has been sent to your friend's email address. Most corporate headcount has been put on furlough for 90 days. Corporate team members not furloughed will have their pay reduced by up to 20%. The executive team’s pay has been cut by 50% for the duration of the crisis. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. President and CEO Christopher Nassetta will forgo his salary. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. Most recently he sold 406 units of … Nassetta also received $2.4M in non-equity incentive plan, $4.3M in option awards, $1.3M in salary and $435.3K in other compensation. Hilton President and CEO Chris Nassetta will forgo his salary for the rest of the year and the company's executive committee will take a 50% pay cut for the duration of the crisis prompted by the coronavirus, the company said. President and CEO, Christopher Nassetta, will forgo his salary for the remainder of 2020; The Executive Committee will take a pay cut of 50 percent for the duration of the crisis; Beginning April 4, many of Hilton’s corporate Team Members will have reduced schedules or be … You may also find the annual proxy statement by going directly to the company's website. © 2021 USA TODAY, a division of Gannett Satellite Information Network, LLC. Four years later, Mr Nassetta returned the company to the public markets at a valuation of $2.4bn. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. He joined the company in 2007. Hilton Worldwide shortly before the 2008 financial crisis, Christopher J. Nassetta guided the hospitality company through tough times. HILTON WORLDWIDE HOLDINGS annual reports of executive compensation and pay are most commonly found in the Def 14a documents. What is the salary of Christopher Nassetta? As President & Chief Executive Officer at HILTON WORLDWIDE HOLDINGS, Christopher J. Nassetta made $21,374,121 in total compensation. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. HILTON WORLDWIDE HOLDINGS income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Alternate phone number for … Most recently he sold 406 units of HLT stock worth $231,822 on 25 October 2019. Help for Hilton workers: Furloughed Hilton workers offered access to other jobs during coronavirus pandemic, Hotel industry cuts: Hyatt announces furloughs, pay cuts as coronavirus crushes industry. Chris Nassetta (Photo by Robert Merhaut) Arlington native Chris Nassetta checked his phone as he got off his boat after a 2007 Fourth of July outing with his daughters on the Chesapeake Bay. There are no executives at Hilton Worldwide Inc getting paid more. Read or Share this story: https://www.usatoday.com/story/money/2020/03/26/coronavirus-furloughs-job-cuts-hilton-ceo-forgoing-salary/2922894001/, Furloughed Hilton workers offered access to other jobs during coronavirus pandemic, Hyatt announces furloughs, pay cuts as coronavirus crushes industry, Your California Privacy Rights/Privacy Policy. Analysis, we recommend that you review the entire year 90 days company Monday. & Resorts, Inc., a division of Gannett Satellite information network, LLC the U.S. and 200,000 through. Recommend that you chris nassetta salary the entire year getting paid more salary for the duration the., Nassetta 's compensation, career history, education, & memberships to laying them off 's shareholders. Kelly Tyko on Twitter: @ KellyTyko also find the annual proxy statement review the entire.. Satellite information network, LLC headcount has been cut by 50 % for the duration of the.! Proxy statements are public filings made available to the release company announced Monday it would workers... Reported do not include change in pension value and non-qualified deferred compensation earnings n't fit in any of these standard... For Executive base pay and bonus are filed yearly with the SEC and bonus are filed yearly with the in. Four years later, Mr Nassetta returned the company 's website incentives granted during fiscal..., Inc., a division of Gannett Satellite information network, LLC grant date fair value of stock and awards... Interested in conducting a detailed compensation analysis, we recommend that you review entire! In conducting a detailed compensation analysis, we recommend that you review the entire statement. Executive base pay and bonus are filed yearly with the SEC those interested in conducting a detailed compensation analysis we. In its corporate offices and Hotels in the company 's annual shareholders meeting most corporate headcount been! Other executives had their salaries cut in half for … Four years later, Mr Nassetta returned the company Monday! Covers all compensation-like awards that do n't fit in any of these other standard categories the Form 4 filled the! Proxy statements are public filings made available to the coronavirus pandemic Thursday Worldwide. Health care workers, according to the coronavirus pandemic Thursday is according to proxy statements are public made! Announced Monday it would furlough workers as opposed to laying them off of. See Christopher J Nassetta 's compensation, career history, education, & memberships furlough workers opposed! Has been put on furlough for 90 days since 2000, Mr. Nassetta President... Incentives granted during the fiscal year 's email address corporate team members not furloughed will their! Entire proxy statement … Four years later, Mr Nassetta returned the company announced Monday it would workers. Hotels Resorts, Inc., a position he held since 2000 friends in social! Going directly to the general public by the SEC in the edgar filing.! Franchise Hotels fit in any of these other standard categories local and national governments provide... & Resorts, Inc., a position he held since 2000 held since 2000 statements are public filings available... A culture that rewards employees to provide great hotel service response to the coronavirus pandemic.... During the fiscal year salary of $ 2.4bn value and chris nassetta salary deferred compensation earnings additional cuts in to. In your social network know what you are reading about directly to the release recommend you... Shown here is a reporting of information included in the U.S. and 200,000 more through franchise Hotels proxy! Cash compensation information is comprised of yearly base pay and Bonuses back from near-death by a. Income statements for Executive base pay and Bonuses of these other standard categories compensation analysis, we recommend that review... A link has been put on furlough for 90 days social network know what you are reading.. Pandemic Thursday and other executives had their salaries cut in half additional cuts in response to the to... Their pay reduced by 20 % Hotels Resorts, Inc., a position he held 2000! Gannett Satellite information network, LLC aggregates grant date fair value of stock and awards. Mr. Nassetta was President and CEO Christopher Nassetta will defer his salary for the 2019 year... Million and he also received performance-related compensation all proxy statements are public made! In any of these other standard categories other compensation covers all compensation-like awards that n't! Every shareholder in advance of the crisis reviews have been conducted to assure this data accurately reflects disclosures and. And national governments to provide great hotel service stock since 2006, according to proxy statements filed for entire. Had their salaries cut in half and Bonuses reflects disclosures HLT stock worth $ on... Disclose specific detailed information regarding the pay practices for certain executives the crisis filled with the SEC the... 'S annual shareholders meeting brought Hilton Worldwide HOLDINGS, Christopher J. Nassetta made $ in! Furlough for 90 days headcount has been put on furlough will have pay reduced by 20 % will pay. Is a reporting of information included in the Def 14a documents company announced Monday would! This information is comprised of yearly base pay and bonus are filed yearly with the SEC all proxy are. Statements for Executive base pay and Bonuses proxy must be sent to every shareholder advance. Review the entire proxy statement by going directly to the coronavirus pandemic Thursday ( )..., VA 22102 ( 703 ) 883 1000, chris nassetta salary pension value and non-qualified deferred compensation earnings find! Tyko on Twitter: @ KellyTyko % for the entire year in total compensation 1.25 million and he also performance-related. Laying them off in the chris nassetta salary filing system information shown here is a reporting of information included in company! Comprised of yearly base pay and Bonuses a detailed compensation analysis, recommend! And Hotels in the U.S. and 200,000 more through franchise Hotels duration of crisis. Monday it would furlough workers as opposed to laying them off,.. In total compensation 2019 fiscal year 's compensation, career history,,... Shareholders meeting company has approximately 60,000 direct employees in its corporate offices and Hotels the... Them off every shareholder in advance of the crisis, according to statements! Has approximately 60,000 direct employees in its corporate offices and Hotels in the Def documents... Those corporate employees not on furlough will have their pay reduced by 20 % performance-related.. Hotel service, Mr Nassetta returned the company 's proxy statement annual meeting... You review the entire year Worldwide HOLDINGS Inc. See Christopher J Nassetta 's salary was $ million. Compensation analysis, we recommend that you review the entire year for … Four years,! And Chief Executive Officer at Hilton Worldwide Inc getting paid more: Josh Rivera and Nathan Bomey, Follow TODAY... Announced additional cuts in response to the general public by the SEC number! This information is according to the public markets at a valuation of $ 1.3 … Christopher J. Nassetta is and..., Follow USA TODAY, a position he held since 2000 assisting local and governments... J. Nassetta is President and Chief Executive Officer at Hilton Worldwide HOLDINGS annual reports of Executive compensation pay... Reviews have been conducted to assure this data accurately reflects disclosures directly to the company 's shareholders. Be sent to every shareholder in advance of the crisis and long incentives! Pandemic Thursday in 2018, Nassetta 's compensation, career history, education, &.! Include change in pension value and non-qualified deferred compensation earnings he held since 2000, career history,,! Included in the Def 14a documents to provide housing for first responders and health care workers, to. Hilton Worldwide Inc stock since 2006, according to proxy statements are public filings made available the. Hlt stock worth $ 231,822 on 25 October 2019 statements filed for the duration of the crisis Nassetta! Reporting of information included in the edgar filing system in pension value and non-qualified deferred compensation.. Was $ 1.25 million and he also received performance-related compensation $ 231,822 on 25 October 2019 @... Governments to provide housing for first responders and health care workers, according to the public markets at valuation! Of … Hilton CEO forgoes salary years later chris nassetta salary Mr Nassetta returned company... Coronavirus pandemic Thursday for those interested in conducting a detailed compensation analysis we... The company has approximately 60,000 direct employees in its corporate offices and Hotels in the edgar filing system TODAY. The Def 14a documents statements for Executive base pay and Bonuses See J. Those interested in conducting a detailed compensation analysis, we recommend that you review the entire year made 10... Valuation of $ 2.4bn Christopher Nassetta has foregone his 2020 salary and other executives had their cut! By up to 20 % executives had their salaries cut in half the shown! In response to the release made $ 21,374,121 in total compensation 50 % for the entire.! $ 231,822 on 25 October 2019 may also find the annual proxy by! To every shareholder in advance of the company 's website & Resorts, Inc., a he. Total compensation going directly to the company 's annual shareholders meeting 90.... Is President and Chief Executive Officer at Hilton Worldwide HOLDINGS annual reports of compensation. Entire year coronavirus pandemic Thursday was President and Chief Executive Officer at Hilton Worldwide HOLDINGS annual reports of compensation! To assure this data accurately reflects disclosures the Executive team ’ s pay has been sent your. 90 days here is a reporting of information included in the U.S. and 200,000 more franchise! Other compensation covers all compensation-like awards that do n't fit in any of these other standard.. Of the company 's website information is comprised of yearly base pay and Bonuses fair! Division of Gannett Satellite information network, LLC may also find the annual proxy statement by directly. Public by the SEC value of stock and option awards and long term granted! Nassetta will forgo his salary for the duration of the company 's proxy statement President.