Alessandro Bogliolo
Hyatt HotelsAbout Alessandro Bogliolo
Alessandro Bogliolo (age 59) has served on Hyatt’s Board since December 2023. He is Chairman of the Board of Audemars Piguet and a Director of Bath & Body Works; previously he was CEO and Director of Tiffany & Co. (Oct 2017–Jan 2021) and Diesel SpA (2013–2017), with senior operating roles at Sephora USA and Bulgari, bringing CEO-level luxury retail expertise and international operating experience . The Board has affirmatively determined he is independent under NYSE and SEC standards .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Tiffany & Co. | Chief Executive Officer and Director | Oct 2017–Jan 2021 | Led a publicly traded luxury brand through sale to LVMH |
| Diesel SpA (OTB Group) | Chief Executive Officer and Director | 2013–2017 | International fashion brand leadership |
| Sephora USA | Chief Operating Officer, North America | Not disclosed | Senior operating leadership in retail |
| Bulgari | Executive Vice President & Chief Operating Officer | Not disclosed | Global luxury operations |
External Roles
| Organization | Role | Tenure/Status |
|---|---|---|
| Audemars Piguet | Chairman of the Board | Current role noted |
| Bath & Body Works | Director | Current role noted |
Board Governance
- Committee assignments: Talent and Compensation Committee member (joined May 16, 2024); committee chaired by Susan D. Kronick; other members are Heidi O’Neill and James H. Wooten, Jr. .
- Independence: Board determined Bogliolo is independent; review considered other boards, charitable affiliations, and ordinary-course business with entities affiliated with directors; independence maintained .
- Attendance: No incumbent director attended fewer than 75% of Board and committee meetings in 2024; all directors attended the 2024 annual meeting .
- Director compensation framework: Annual Fee $100,000 cash; Annual Equity Retainer $190,000 in fully vested Class A shares; committee retainers were $12,500 (member) and $25,000 (chair) for the Talent & Compensation Committee in 2024; retainers paid quarterly .
- New director policy: Initial equity retainer of $75,000 in fully vested shares upon appointment (shares determined using closing price on grant date) .
Fixed Compensation
| Year | Fees Earned or Paid in Cash | Notes |
|---|---|---|
| 2024 | $107,846 | Includes pro-rated Talent & Compensation Committee fee given committee start on May 16, 2024 and quarterly payment convention . |
Performance Compensation
| Year | Stock Awards (Grant-Date Fair Value) | Notes |
|---|---|---|
| 2024 | $79,380 | Annual Equity Retainer was pro-rated to reflect initial service starting Dec 14, 2023; director equity is granted in fully vested shares and paid in arrears . |
Performance Metrics (Director Compensation)
| Compensation Element | Metric Type | Details |
|---|---|---|
| Annual Equity Retainer | None disclosed | Director equity is fully vested on grant; no performance conditions are described . |
Other Directorships & Interlocks
- Current external boards: Audemars Piguet (Chairman), Bath & Body Works (Director) .
- Compensation committee interlocks: None; no member of Hyatt’s Talent & Compensation Committee (including Bogliolo) has served as a Hyatt officer or employee, and no Hyatt executive officer served on another company’s compensation committee or board that interlocks with Hyatt during 2024 .
Expertise & Qualifications
- Executive leadership of global luxury brands; strategic and operational experience across Europe, Asia, and the U.S.; deep knowledge of luxury retail and consumer behavior; prior CEO experience at a publicly traded company .
Equity Ownership
| Holder | Class A Shares | % of Class A | Ownership % of Total Common | Notes |
|---|---|---|---|---|
| Alessandro Bogliolo | 1,107 | <1% | <1% | Based on 95,429,735 total common shares outstanding as of Mar 24, 2025 . |
- Stock ownership guidelines: Non-employee directors must hold at least five times the Annual Fee (i.e., $500,000 in 2024) within five years of joining; directors meeting or expected to meet guideline; anti-hedging and anti-pledging policies apply .
- Deferred compensation: Directors may elect to defer Annual Fees and/or Annual Equity Retainers into RSUs under the Director Deferred Compensation Plan; dividend equivalents credited in cash since 2019 . (No RSU balance table entries were disclosed for Bogliolo in 2024 .)
- Section 16 compliance: Company reported general compliance; one late Form 3 by an unrelated trustee entity; no delinquent filings attributed to Bogliolo .
Governance Assessment
- Independence and engagement: Independent director with committee service on Talent & Compensation; attendance met Board standards; equity and cash retainers follow median-aligned framework reviewed by Korn Ferry; governance policies include anti-hedging/anti-pledging and robust related-party review .
- Ownership alignment: Holds 1,107 Class A shares; within five-year window to meet the 5× Annual Fee guideline; directors subject to sale restrictions if holdings fall below target, and anti-pledging applies .
- Conflicts/related parties: Proxy’s related-party section focuses on Pritzker-affiliated transactions; no related-party transactions disclosed naming Bogliolo; Board expressly considers directors’ affiliations and ordinary-course dealings when determining independence .
- Committee effectiveness: T&C committee charter covers executive pay policy, succession planning, compliance with NYSE/SEC rules, and use of independent consultants (Korn Ferry) in 2024; Bogliolo participated following his May 2024 appointment; no interlocks or insider participation issues disclosed .
Governance signal: Bogliolo’s luxury brand CEO/operator background adds consumer and brand strategy depth to Hyatt’s board, with clean independence determinations and no disclosed conflicts. 2024 director pay adjustments aligned to peer median, and his equity retainer was pro-rated in his first year, consistent with policy .