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2025-11-10 22:07
- Marriott Vacations Worldwide Corp (NYSE: VAC) said on Monday its board appointed Matthew E. Avril as interim president and chief executive officer, effective immediately, following the departure of John Geller as CEO and director.
- The board has begun a search for a permanent successor.
- Avril, who joined the company’s board in March 2025, previously served as CEO of Diamond Resorts International and held senior roles at Vistana Signature Experiences and Starwood Hotels & Resorts.
- Chairman Bill Shaw said Avril brings decades of hospitality and vacation ownership experience and will focus on improving performance and restoring shareholder value.
- The company reaffirmed its 2025 guidance issued on November 5 and said it plans to continue share repurchases under its remaining $347 million authorization this quarter.
- Marriott Vacations also postponed its investor day, previously scheduled for December 17, until further notice.
- VAC +1.48% premarket to $47.85.
- Source: Press Release
More on Marriott Vacations
- Marriott Vacations Worldwide Corporation (VAC) Q3 2025 Earnings Call Transcript
- Marriott Vacations: Credit Improvements Underappreciated In Shares (Rating Upgrade)
- Marriott Vacations targets $150M–$200M run rate EBITDA benefit by 2026 as operational changes take hold
- Marriott Vacations Q3 2025 Earnings Preview
- Seeking Alpha’s Quant Rating on Marriott Vacations
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