Marriott Vacations Worldwide Appoints Mary E. Galligan to Board of Directors

$VAC
Real Estate
Finance
Get the next $VAC alert in real time by email

Marriott Vacations Worldwide Corporation (NYSE:VAC) ("MVW" or the "Company") announced today the appointment of Mary E. Galligan to its Board of Directors effective January 1, 2024. Ms. Galligan joins the MVW Board following a 35-year career in technology and cybersecurity, government relations and risk management.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231211409126/en/

Marriott Vacations Worldwide Corporation has appointed Mary E. Galligan to its Board of Directors. (Photo: Business Wire)

Marriott Vacations Worldwide Corporation has appointed Mary E. Galligan to its Board of Directors. (Photo: Business Wire)

Ms. Galligan has extensive experience in navigating high profile, multifaceted crises and cyber incidents. Ms. Galligan's career began when she started as a special agent of the Federal Bureau of Investigation (FBI), assuming positions of increasing responsibility which ultimately landed her as a member of the federal government's Senior Executive Service and the first female appointed Special Agent in Charge of Cyber and Special Operations in the New York office. In that role, she was responsible for driving the operations of the largest technical and physical surveillance operation in the FBI, including budget, personnel, and oversight of investigations into national security and criminal cyber intrusions.

Ms. Galligan has been successful in adapting her work with U.S. government entities to risk mitigation and incident response measures for the private sector. She most recently served as Managing Director for Deloitte's Cyber & Strategic Risk practice for more than 10 years, leading the response to several high-profile cyber breaches while also serving as an advisor on addressing cyber incidents to the boards of directors and senior executives of Deloitte's Fortune 500 clients.

"Ms. Galligan brings critical knowledge to our Board of Directors, having an impressive career in technology and cybersecurity. As we continue to look for ways to prepare for the future by managing risk and driving growth for MVW, Ms. Galligan's expertise in government relations, strategic planning and risk management will be immensely valuable," said William J. Shaw, Chairman of the Board, Marriott Vacations Worldwide.

Ms. Galligan is also a director on the Intermediate Holding Company Board (IHC) of Barclays, US LLC, a non-publicly traded company. In addition to presenting and authoring publications on cybersecurity risk and topics like artificial intelligence, she is an FBI-certified Crisis Negotiator and Crisis Manager. Ms. Galligan also serves as an advocate for the acceleration of women professionals in the cybersecurity field and for accessible STEM education for girls in secondary schools. She holds an M.A. in psychology from The New School for Social Research, a B.A. in communications from Fordham University, and an Honorary Doctor of Laws from Marian University.

The election of Ms. Galligan brings the MVW Board to 11 members.

About Marriott Vacations Worldwide Corporation

Marriott Vacations Worldwide Corporation is a leading global vacation company that offers vacation ownership, exchange, rental and resort and property management, along with related businesses, products, and services. The Company has over 120 vacation ownership resorts and approximately 700,000 owner families in a diverse portfolio that includes some of the most iconic vacation ownership brands. The Company also operates an exchange network and membership programs comprised of more than 3,200 affiliated resorts in over 90 countries and territories, and provides management services to other resorts and lodging properties. As a leader and innovator in the vacation industry, the Company upholds the highest standards of excellence in serving its customers, investors and associates while maintaining exclusive, long-term relationships with Marriott International, Inc. and an affiliate of Hyatt Hotels Corporation for the development, sales and marketing of vacation ownership products and services. For more information, please visit www.marriottvacationsworldwide.com.

Get the next $VAC alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$VAC

DatePrice TargetRatingAnalyst
1/6/2025$87.00Underweight
Morgan Stanley
12/13/2024$97.00 → $116.00Equal Weight → Overweight
Barclays
9/18/2024$62.00Sell
Goldman
3/26/2024$128.00Buy
Mizuho
2/13/2024$105.00Mkt Outperform
JMP Securities
12/15/2023$103.00 → $90.00Equal Weight → Underweight
Barclays
11/17/2023$125.00 → $65.00Neutral → Underperform
BofA Securities
10/12/2023$105.00Neutral
JP Morgan
More analyst ratings

$VAC
Press Releases

Fastest customizable press release news feed in the world

See more
  • Marriott Vacations Worldwide Corporation Announces First Quarter Earnings Release and Conference Call

    Marriott Vacations Worldwide Corporation (NYSE:VAC) will report financial results for the first quarter 2025 after the market closes on Wednesday, May 7. A conference call will follow at 8:30 a.m. ET on Thursday, May 8 to discuss the Company's results. Participants may access the call by dialing (877) 407-8289 or (201) 689-8341 for international callers. A live webcast of the call will also be available in the Investor Relations section of the Company's website at ir.mvwc.com. An audio replay of the conference call will be available at ir.mvwc.com from 10 a.m. ET on May 8 until 10 p.m. ET on June 8. To access the replay, dial (877) 660-6853 or (201) 612-7415 for international callers. The

    $VAC
    Real Estate
    Finance
  • Marriott Vacations Worldwide Amends its Senior Secured Credit Facilities at Improved Terms

    Marriott Vacations Worldwide Corporation (NYSE:VAC) ("MVW" or the "Company") today announced that it has amended its credit agreement to refinance its senior secured revolving credit facility at improved terms and add a senior secured delayed-draw term loan facility to provide flexibility to refinance its convertible notes maturing January 2026. The amendment replaces the Company's previous $750 million senior secured revolving credit facility, which was scheduled to mature on March 31, 2027, with a new $800 million revolving credit facility scheduled to mature on March 24, 2030, reducing drawn and undrawn pricing including a 25 basis point reduction in interest spreads. The amended agree

    $VAC
    Real Estate
    Finance
  • Marriott Vacations Worldwide Reports Fourth Quarter and Full Year 2024 Financial Results

    Marriott Vacations Worldwide Corporation (NYSE:VAC) ("MVW," the "Company," "we" or "our") reported financial results for the fourth quarter and full year 2024 and provided guidance for full year 2025. Fourth Quarter 2024 Highlights Consolidated Vacation Ownership contract sales increased 7% compared to the fourth quarter of 2024 to $477 million, including 9% first time buyer contract sales growth. Net income attributable to common stockholders was $50 million and diluted earnings per share was $1.30. Adjusted net income attributable to common stockholders was $73 million and adjusted diluted earnings per share was $1.86. Adjusted EBITDA was $185 million. Full year cash provide

    $VAC
    Real Estate
    Finance

$VAC
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$VAC
Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

See more

$VAC
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$VAC
SEC Filings

See more

$VAC
Leadership Updates

Live Leadership Updates

See more
  • Marriott Vacations Worldwide Announces Board Changes, Including Two New Independent Directors

    Marriott Vacations Worldwide Corporation (NYSE:VAC) ("MVW" or the "Company") today announced the appointment of hospitality industry leaders, Matthew Avril and James ("Jim") Dausch, as independent directors of the Board. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250224691239/en/Matt Avril (Photo: Business Wire) The Company also announced the retirement of Melquiades ("Mel") Martinez and Raymond ("Rip") Gellein as members of the Board effective immediately prior to the Company's annual meeting of its stockholders, which is expected to take place in May 2025. The board appointments announced today are effective March 4, 202

    $VAC
    Real Estate
    Finance
  • Marriott Vacations Worldwide Recognized with Multiple Awards at ARDA Spring Conference 2024

    Marriott Vacations Worldwide Corporation (NYSE:VAC), a leading global vacation company with a portfolio of trusted, globally recognized travel brands, is proud to announce it has been honored with 11 awards by the American Resort Development Association (ARDA), a nonprofit trade association that advocates for the timeshare industry. Each year at its annual spring conference, ARDA recognizes groups and individuals who exhibit professional excellence and/or have achieved significant accomplishments in the areas of marketing and sales; management and administration; advertising, promotion, and communications; and resort design. The organization also offers ARDA Circle of Excellence (ACE) awa

    $VAC
    Real Estate
    Finance
  • Marriott Vacations Worldwide Appoints Mary E. Galligan to Board of Directors

    Marriott Vacations Worldwide Corporation (NYSE:VAC) ("MVW" or the "Company") announced today the appointment of Mary E. Galligan to its Board of Directors effective January 1, 2024. Ms. Galligan joins the MVW Board following a 35-year career in technology and cybersecurity, government relations and risk management. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231211409126/en/Marriott Vacations Worldwide Corporation has appointed Mary E. Galligan to its Board of Directors. (Photo: Business Wire) Ms. Galligan has extensive experience in navigating high profile, multifaceted crises and cyber incidents. Ms. Galligan's career began

    $VAC
    Real Estate
    Finance

$VAC
Financials

Live finance-specific insights

See more
  • Marriott Vacations Worldwide Corporation Announces First Quarter Earnings Release and Conference Call

    Marriott Vacations Worldwide Corporation (NYSE:VAC) will report financial results for the first quarter 2025 after the market closes on Wednesday, May 7. A conference call will follow at 8:30 a.m. ET on Thursday, May 8 to discuss the Company's results. Participants may access the call by dialing (877) 407-8289 or (201) 689-8341 for international callers. A live webcast of the call will also be available in the Investor Relations section of the Company's website at ir.mvwc.com. An audio replay of the conference call will be available at ir.mvwc.com from 10 a.m. ET on May 8 until 10 p.m. ET on June 8. To access the replay, dial (877) 660-6853 or (201) 612-7415 for international callers. The

    $VAC
    Real Estate
    Finance
  • Marriott Vacations Worldwide Reports Fourth Quarter and Full Year 2024 Financial Results

    Marriott Vacations Worldwide Corporation (NYSE:VAC) ("MVW," the "Company," "we" or "our") reported financial results for the fourth quarter and full year 2024 and provided guidance for full year 2025. Fourth Quarter 2024 Highlights Consolidated Vacation Ownership contract sales increased 7% compared to the fourth quarter of 2024 to $477 million, including 9% first time buyer contract sales growth. Net income attributable to common stockholders was $50 million and diluted earnings per share was $1.30. Adjusted net income attributable to common stockholders was $73 million and adjusted diluted earnings per share was $1.86. Adjusted EBITDA was $185 million. Full year cash provide

    $VAC
    Real Estate
    Finance
  • Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend

    Marriott Vacations Worldwide Corporation (NYSE:VAC) today announced its Board of Directors authorized a quarterly cash dividend of $0.79 per share of common stock. The dividend is payable on or around March 19, 2025, to stockholders of record as of the close of business on March 5, 2025. About Marriott Vacations Worldwide Corporation Marriott Vacations Worldwide Corporation is a leading global vacation company that offers vacation ownership, exchange, rental and resort and property management, along with related businesses, products, and services. The Company has approximately 120 vacation ownership resorts and approximately 700,000 owner families in a diverse portfolio that includes some

    $VAC
    Real Estate
    Finance

$VAC
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more