Last $67.81 USD
Change Today -0.54 / -0.79%
Volume 2.6M
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As of 4:15 PM 05/22/13 All times are local (Market data is delayed by at least 15 minutes).

Executive Profile*

Frits D. van Paasschen

Chief Executive Officer, President and Director, Starwood Hotels & Resorts Worldwide Inc.
AgeTotal Calculated CompensationThis person is connected to 13 board members in 2 different organizations across 10 different industries.

See Board Relationships
51$9,103,039
As of Fiscal Year 2012

Background*

Mr. Frits D. van Paasschen serves as the Chief Executive Officer and President of Sheraton Hotels & Resorts, Inc. Mr. van Paasschen has been the President and Chief Executive Officer of Starwood Hotels & Resorts Worldwide Inc. since September 24, 2007. Mr. van Paasschen served as the President and Chief Executive Officer of Coors Brewing Company from March 29, 2005 to August 31, 2007. He has over 20 years experience in retail, operations and supply chain, consumer marketing ...

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Corporate Headquarters*

One StarPoint
Stamford, Connecticut 06902

United States

Phone: 203-964-6000
Fax: --

Board Members Memberships*

2005-2007
Former Independent Director and Member of Nominating & Corporate Governance Committee
2006-N/A
Former Director and Member of Audit Committee
2007-Present
Chief Executive Officer, President and Director
2007-Present
Director, Chief Executive Officer of Starwood Hotels & Resorts Worldwide, Inc. and President of Starwood Hotels & Resorts Worldwide, Inc

Education*

MBA
Harvard Business School
BA
Amherst College

Other Affiliations*

Annual Compensation*

Salary$1,250,000
Total Annual Compensation$1,250,000

Stock Options*

Restricted Stock Awards$4,327,101
All Other Compensation$53,902
Exercised Options623,452
Exercised Options Value$29,295,997
Exercisable Options220,380
Exercisable Options Value$1,681,470
Unexercisable Options416,027
Unexercisable Options Value$13,542,962
Total Value of Options$44,520,429
Total Number of Options1,259,859

Total Compensation*

Total Annual Cash Compensation$3,603,902
Total Short Term Compensation$1,250,000
Other Long Term Compensation$4,381,003
Total Calculated Compensation$9,103,039
*Data is at least as current as the most recent Definitive Proxy.
 

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COMPETITOR COMPENSATION

NamePosition/
Company
Compensation
W. Edward Walter Chief Executive Officer, President and Director
Host Hotels & Resorts Inc.
$825.0K
Arne M. Sorenson Chief Executive Officer, President, Director and Member of Committee for Excellence
Marriott International, Inc.
$1.2M
Richard Solomons Chief Executive Officer, Executive Director and Member of Corporate Responsibility Committee
Intercontinental Hotels Group plc
1.2M GBP
Mark S. Hoplamazian Chief Executive Officer, President and Director
Hyatt Hotels Corporation
$1.0M
Stephen P. Holmes Chairman, Chief Executive Officer and Chairman of Executive Committee
Wyndham Worldwide Corporation
$1.2M
Compensation as of Fiscal Year 2012.

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