Hotel CEO Pay For Performance Study 2020

Keith Kefgen | September 28, 2020

By Keith Kefgen, Terry Donovan What a difference 6 months makes. 2020 began with hotel companies coming off one of the strongest years in history and feeling optimistic the good times would continue. Since then, the industry has had widespread closures, massive layoffs, and CEO’s taking significant pay cuts while grappling with a global pandemic. While we will explore the ramifications of this crisis in this article’s conclusion, much of this study is focused on 2019 compensation data. What we have found over the twenty-plus years of studying CEO pay, that boards are still challenged with linking CEO pay to company performance. In f...