Christopher J. Nassetta is the current President and CEO of HLT, bringing extensive experience in both the hospitality and real estate sectors. His background includes a seven-year tenure at The Oliver Carr Company as Chief Development Officer and the co-founding of Bailey Capital Corporation in 1991, providing him with strong operational and financial expertise.

Before his time at HLT, he held significant leadership positions at Host Hotels and Resorts, where he joined as Executive Vice President in 1995, was promoted to Chief Operating Officer in 1997, and later served as President and CEO from May 2000 to October 2007.

His appointment as President and CEO at HLT in December 2007 marked a pivotal moment in his career, leading him to shape the strategic direction of the company while also serving on its board. This long-standing tenure has allowed him to leverage his prior experience in hospitality and real estate to contribute effectively to the company’s growth and operational excellence.

Beyond his corporate responsibilities, he is involved in various industry and community organizations, reflecting a commitment to broader leadership and service. His participation in advisory boards and industry groups further underscores the depth and breadth of his influence in both the business and community spheres.

$HLT Performance Under Christopher J. Nassetta

Past Roles

Organization	Role	Date Range	Details
Host Hotels and Resorts, Inc.	President and Chief Executive Officer	May 2000 - October 2007	N/A
Host Hotels and Resorts, Inc.	Executive Vice President / Chief Operating Officer	1995 - May 2000	Elected COO in 1997; also served as Executive Vice President
World Travel & Tourism Council	Former Chairman and Executive Committee Member	N/A	N/A
Arlington Free Clinic	Past Involvements	N/A	Served in various positions
Bailey Capital Corporation	Co-founder	Founded in 1991	Real estate investment and advisory firm
The Oliver Carr Company	Chief Development Officer	N/A	Worked for seven years before founding Bailey Capital Corporation

External Roles

Organization	Role	Date Range	Details
McIntire School of Commerce, University of Virginia	Advisory Board Member	N/A	N/A
CoStar Group, Inc.	Board Member	N/A	Serves on the nominating & corporate governance and compensation committees
U.S. Travel Association	Chair	N/A	N/A
The Real Estate Roundtable	Member (Past Chairman)	N/A	Currently a member; formerly served as Chairman
Economic Club of Washington	Member	N/A	N/A
Federal City Council	Member	N/A	N/A

Fixed Compensation

Data from FY 2023

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$1,300,000	Annual	Fixed annual salary
Company 401(k) Match	$13,200	Annual	Company's contributions to the 401(k) plan
Insurance Premiums	$3,319	Jan 1–Jun 10, 2023	Employer-paid executive life insurance premiums for the specified period
Personal Use of Company Aircraft	$676,228	As Incurred	Incremental cost based on an hourly variable rate for personal and repositioning flights
Executive Physical	$3,750	Annual	Cost associated with the executive physical provided
Other Benefits	$33,189	As Incurred	Employer-paid expenses at company-branded hotels during personal travel

Performance Compensation

Data from FY 2023

Annual Cash Incentive

Metric	Value	Details
Threshold	75% of base salary	Setting requires strong business performance
Target	150% of base salary	Aligned with annual operating plan
Maximum	300% of base salary	Caps payout at three times target
Actual Payout	$2,776,998	Achieved 142% of target in 2023
Performance Metrics	Adjusted EBITDA; Non-Financial Objectives (KSPs)	Metrics based on company and industry outlook
Vesting Schedule	N/A	Payout is provided in cash within the fiscal year
Evaluation Period	Fiscal Year 2023

Performance Stock Units (PSUs)

Metric	Value	Details
Performance Metrics	FCF per share; Adjusted EBITDA; NUG CAGR; RevPAR Growth	Each metric weighted at 25%
Performance Period	Jan 1, 2023 – Dec 31, 2025	3-year period
Vesting Schedule	Vest at end of period	Vesting contingent on performance achievement
Payout Range	0% to 200% of target	Threshold: 50%, Target: 100%, Maximum: 200%
Share Targets	Threshold: 37,194; Target: 74,389; Maximum: 148,778	Number of PSUs granted
Grant Date	March 2, 2023
Grant Date Fair Value	$10,874,928
Grant Date Stock Price	$146.19 per share

Stock Options

Metric	Value	Details
Grant Date	March 2, 2023
Grant Date Fair Value	$5,437,461
Exercise Price	$146.19 per share	Based on closing price on grant date
Vesting Schedule	1/3 annually	Vesting on March 3, 2024; March 3, 2025; and March 3, 2026
Expiration Date	March 2, 2033	Options exercisable for 10 years

Restricted Stock Units (RSUs)

Metric	Value	Details
Grant Date	March 2, 2023
Grant Date Fair Value	$5,437,391
Grant Date Stock Price	$146.19 per share	Used as base price
Vesting Schedule	1/3 annually	Vesting on March 3, 2024; March 3, 2025; and March 3, 2026
Performance Metrics	N/A	RSUs vest based on continued service, not specific performance targets

Long-Term Incentive (LTI) Overview

Metric	Value	Details
Composition	50% PSUs; 25% Stock Options; 25% RSUs	Total LTI Grant Value: $21,750,000
Vesting Schedules	PSUs vest at period end; Stock Options & RSUs vest annually	Combines performance and time-based awards
Performance Metrics	See PSUs for performance-based targets	PSUs tied to key financial and operational metrics