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. Most recently he sold 406 units of HLT stock worth $231,822 on 25 October 2019. Christopher has made over 10 trades of the Hilton Worldwide Inc stock since 2006, according to the Form 4 filled with the SEC. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Contributing: Josh Rivera and Nathan Bomey, Follow USA TODAY reporter Kelly Tyko on Twitter: @KellyTyko. ", 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. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. 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. Hilton Worldwide shortly before the 2008 financial crisis, Christopher J. Nassetta guided the hospitality company through tough times. As President & Chief Executive Officer at HILTON WORLDWIDE HOLDINGS, Christopher J. Nassetta made $21,374,121 in total compensation. Four years later, Mr Nassetta returned the company to the public markets at a valuation of $2.4bn. 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. Christopher has made over 10 trades of the Hilton Worldwide Inc stock since 2006, according to the Form 4 filled with the SEC. You may also find the annual proxy statement by going directly to the company's website. Christopher Nassetta: $18,790,698: $11,001,328: $7,789,370: $33,168: 325 times: Choice Hotels International: Former President and CEO: Stephen P. … 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. Christopher Nassetta, center, with daughter Bailey, from left, brother William, father Paul and brother-in-law Ware Palmer at Capri Ristorante Italiano in McLean. Chris Nassetta brought Hilton Worldwide Holdings back from near-death by creating a culture that rewards employees to provide great hotel service. What is the salary of Christopher Nassetta? Speaking at the 41st annual NYU International Hospitality Industry Investment Conference last week, Hilton's CEO, Christopher Nassetta says he doesn't tip housekeepers. ... Nassetta will defer his salary for the entire year. As President & Chief Executive Officer at HILTON WORLDWIDE HOLDINGS, Christopher J. Nassetta made $21,374,121 in total compensation. 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. The hotel and resorts global chain announced in a news release that president and CEO Christopher 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. 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