Marriott Vacations Worldwide Corporation announced that Mr. Stephen P. Weisz will be retiring as the Company's Chief Executive Officer effective December 31, 2022. On December 2, 2022, the Board accepted Mr. Weisz's resignation effective December 31, 2022. Mr. John E. Geller, Jr. (55) has been elected to serve as Chief Executive Officer of the Company effective January 1, 2023 and has served as President of the Company since January 2, 2021.

Mr. Geller served as the Company's Executive Vice President and Chief Financial and Administrative Officer from January 2018 to January 2021. From 2011 until December 2017, he served as the Company's Executive Vice President and Chief Financial Officer.