Marriott Vacations Worldwide Corporation has appointed Christian Alejandro Asmar to its Board of Directors. Asmar, co-founder and Managing Partner of Impactive Capital, joins the board as the company plans to establish two new ad hoc committees focused on modernization and technology innovation. Impactive Capital, holding 9.5% of MVW's shares, has entered into a support agreement with the company. Following Asmar's appointment, the board consists of 12 directors, 11 of whom are independent.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marriott Vacations Worldwide Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250523269062) on May 27, 2025, and is solely responsible for the information contained therein.