What's Happening?
Marriott Vacations Worldwide has appointed Matthew E. Avril as Interim President and CEO following the departure of John Geller. Avril, who joined the company's Board of Directors in March 2025, brings
over 30 years of experience in the hospitality and vacation ownership sectors. His previous roles include serving as CEO of Diamond Resorts International and CEO-elect of Vistana Signature Experiences. He also served as President of the Hotel Group at Starwood Hotels & Resorts Worldwide. The company has confirmed that it will maintain its existing 2025 financial guidance, initially issued on November 5, 2025. Additionally, Marriott Vacations Worldwide has postponed its planned Investor Day, originally scheduled for December 17, until further notice.
Why It's Important?
The appointment of Matthew E. Avril as Interim CEO of Marriott Vacations Worldwide is a critical transition for the company, as it seeks stability and leadership following John Geller's departure. Avril's extensive experience in the hospitality industry is expected to guide the company through this period of change. Maintaining the existing financial guidance and the decision to repurchase shares under the Share Repurchase Program indicates confidence in the company's financial health and strategic direction. This leadership change could impact the company's operations, investor relations, and market perception, as stakeholders look for continuity and future growth under Avril's interim leadership.
What's Next?
Marriott Vacations Worldwide's Board of Directors has initiated a search for a permanent CEO, which will be a key focus in the coming months. The company will also continue its share repurchase program, reflecting its belief in the undervaluation of its shares. Stakeholders will be watching closely for any strategic shifts or announcements that may arise during Avril's interim tenure. The postponed Investor Day will be rescheduled, providing an opportunity for the company to communicate its long-term vision and strategies to investors.
