In 2023, Michael D. Brown earned $4.74M in total compensation at Travel + Leisure, including $1.10M salary, $1.58M bonus and $1.80M in stock. Most recently acquired 14,000 shares in Mar 2025. Currently holds stock worth $32.12M. 7+ years at the helm of Travel + Leisure.
Compensation History
Annual executive compensation data for Michael D. Brown, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$4.74M
Salary
$1.10M
Bonus
$1.58M
Other
$266.39K
Salary
$1.10MBoard Justification
The compensation philosophy is designed to attract and retain high-quality executives, align pay with performance and stockholder value, and emphasize performance-based compensation.
Bonus
$1.58MBoard Justification
The bonus is based on a combination of corporate performance (70% Economic Adjusted EBITDA) and individual performance objectives (30%) for the fiscal year 2023.
Other Compensation
$266.39KBoard Justification
Other compensation includes 401(k) match contributions, perquisites such as automobile expense allowance, lodging and vacation benefits, and personal use of corporate aircraft.
Restricted Stock
Board Justification
The stock awards that vested in 2023 are Service RSUs, which vest in three equal annual installments beginning on the first anniversary of the grant date.
Performance Metrics
The performance metrics for the CEO's compensation in 2023 include Economic Adjusted EBITDA and individual performance objectives.
Michael D. Brown
CEO of Travel + Leisure
Education
Bachelor's degree from the University of Central Florida
Field of Expertise
Other - Hospitality
Sector of Economy
Consumer Cyclical
Born
January 1, 1970 - 55 years ago
CEO of Travel + Leisure for
7 years 6 months (May 2018 - Present)
Previous Experience
Chief Operating Officer at Hilton Grand Vacations
Holdings
Track Michael D. Brown's stock holdings and portfolio value over time.
Insider Trading
Michael D. Brown's recent stock transactions, purchases, and sales filed with the SEC.
$653.20K
TNL at $46.66/share
Mar 13, 2025
Purchase
211,111 shares
TNL
Mar 10, 2025
Received
197,992 shares
TNL
Mar 5, 2025
Received
116,176 shares
TNL
Mar 12, 2024
Received
131,917 shares
TNL
Mar 10, 2024
Received
$32.57K
TNL at $32.57/share
Oct 26, 2023
Purchase
106,246 shares
TNL
Mar 10, 2023
Received
108,539 shares
TNL
Mar 7, 2023
Received
12,831 shares
TNL
Jun 1, 2022
Received
27,125 shares
TNL
Mar 10, 2022
Received
Rivals
Compare Michael D. Brown with competitor CEOs and industry peers.
Christopher J. Nassetta
CEO of Hilton Worldwide
2023 Compensation
Stock
$32.00M
Salary
$1.30M
Bonus
$0.00
Other
$729.69K
Total Holdings
$105.41M
Thomas J. Baltimore, Jr.
CEO of Park Hotels & Resorts Inc.
2024 Compensation
Stock
$7.72M
Salary
$882.00K
Bonus
$1.54M
Other
$51.18K
Total Holdings
$39.94M
Geoffrey A. Ballotti
CEO of Wyndham Hotels & Resorts, Inc.
2023 Compensation
Stock
$0.00
Salary
$1.14M
Bonus
$0.00
Other
$407.61K
Total Holdings
$59.66M
Anthony G. Capuano
CEO of Marriott International
2023 Compensation
Stock
$0.00
Salary
$1.40M
Bonus
$5.60M
Other
$981.36K
Total Holdings
$20.81M