Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-08-10

Travel & Leisure Co. (TLC)

CEO Michael Brown was paid $16,000,693 in fiscal year 2025, up 9.1% from fiscal year 2024, the 63rd percentile of its disclosed peer group (SEC filing 0001361658-26-000019 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$16,000,693
Michael Brown total, FY2025
63rd
CEO pay percentile vs peers
279:1
CEO-to-median pay ratio
—
Say-on-pay support, latest vote

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Companies that benchmark against TLC
No companies currently name TLC as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Michael Brown$1,331,756$0$10,849,962$0$3,331,300$0$487,675$16,000,693
President and Chief Executive Officer
Erik Hoag375,00004,749,9290490,6740192,7625,808,365
Chief Financial Officer
Jeffrey Myers616,93403,199,93601,024,2850175,6715,016,826
Chief Sales and Marketing Officer - Vacation Ownership
Geoffrey Richards656,39503,199,9360792,7380170,1454,819,214
Chief Operating Officer - Vacation Ownership
James Savina623,57901,859,9670665,4690169,7863,318,801
General Counsel and Corporate Secretary
Michael Hug368,9500000080,028448,978
Former Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Michael Brown$16,000,693$14,659,501$12,424,078+1,341,192
Erik Hoag5,808,365———
Jeffrey Myers5,016,8264,608,9004,613,191+407,926
Geoffrey Richards4,819,2144,575,8464,538,755+243,368
James Savina3,318,8013,100,5183,347,561+218,283
Michael Hug448,9784,743,1814,756,470−4,294,203

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Erik HoagRSU25,170—$1,775,240
Geoffrey RichardsRSU39,832—2,809,351
James SavinaRSU13,336—940,588
Geoffrey RichardsRSU24,004—1,693,002
Geoffrey RichardsRSU18,449—1,301,208
James SavinaRSU4,256—300,176
Michael BrownRSU197,992—13,964,376
Michael BrownRSU232,352—16,387,787
Michael BrownRSU98,996—6,982,188
Michael BrownRSU87,132—6,145,420
Erik HoagRSU83,064—5,858,504
Michael BrownRSU52,157—3,678,633
Geoffrey RichardsRSU43,795—3,088,861
Jeffrey MyersRSU43,795—3,088,861
Michael HugRSU41,076—2,897,090
Jeffrey MyersRSU35,406—2,497,185
Jeffrey MyersRSU39,832—2,809,351
Geoffrey RichardsRSU35,406—2,497,185
Geoffrey RichardsRSU29,196—2,059,194
Jeffrey MyersRSU29,196—2,059,194
Michael HugRSU24,893—1,755,703
James SavinaRSU25,456—1,795,412
Jeffrey MyersRSU24,004—1,693,002
James SavinaRSU22,405—1,580,225
James SavinaRSU19,914—1,404,534
Jeffrey MyersRSU18,449—1,301,208
Michael BrownRSU18,205—1,283,999
James SavinaRSU16,970—1,196,894
James SavinaRSU14,696—1,036,509
Michael HugRSU8,512—600,351
Geoffrey RichardsRSU7,980—562,829
Jeffrey MyersRSU7,980—562,829
05

Incentive-plan design — the Compensation Discussion & Analysis

Our Total Compensation Strategy is designed to attract, retain, and motivate high-performing senior management talent by providing compensation that is competitive with comparable hospitality, service, and leisure companies. We support a high-performance environment by linking a significant portion of executive compensation to actual corporate, business unit, and individual performance, while aligning long-term incentives with shareholder interests.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantAon
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
07

CEO pay ratio

Ratio (CEO : median employee)279 : 1
CEO total compensation—
Median employee compensation—
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
James E. BuckmanIndependent · Lead Independent Director · Audit · Compensation (Chair) · Nominating/Governance$152,546$277,452——$75,000$504,998
Stephen P. HolmesNot independent · Board Chair · Audit · Compensation · Nominating/Governance170,010294,988——39,600504,598
Louise F. BradyIndependent · Audit · Compensation · Nominating/Governance (Chair)0394,998——78,941473,939
Michael H. WargotzIndependent · Audit · Compensation · Nominating/Governance137,507262,492——53,784453,783
Denny Marie PostIndependent · Compensation · Corporate Governance · Executive123,762248,737——78,941451,440
George HerreraIndependent · Audit (Chair) · Compensation · Nominating/Governance132,548257,450——35,441425,439
Ronald L. RicklesIndependent · Audit · Compensation · Nominating/Governance136,267261,231——3,941401,439
Lucinda C. MartinezIndependent · Audit · Compensation · Nominating/Governance113,790238,709——11,364363,863
Michael D. BrownEmployee director · Executive—————0
09

Board fee structure and ownership guideline

Annual cash retainer$210,000
Annual equity retainer$125,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)45,000 / 35,000 / 30,000
Stock ownership guideline$5
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$966,430
Equity awards (grant-date value)$2,236,057
All other compensation$377,012
Total cost of the board$3,579,499

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Travel & Leisure Co. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Travel & Leisure Co..

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Darden Restaurants, Inc.2026Ricardo Cardenas$1,325,000$25,879,154$2,380,093$4,107,501$34,815,979
2Las Vegas Sands Corp.2025Robert Goldstein3,000,00018,448,32906,480,00031,109,661
3Hilton Worldwide Holdings, Inc.2025Christopher Nassetta1,300,00017,324,7225,774,9612,974,11127,674,400
4Hyatt Hotels Corporation2025Mark Hoplamazian1,410,41720,478,7492,562,4902,056,50026,699,762
5PENN Entertainment, Inc.2025Jay Snowden1,800,00014,249,9894,750,0042,984,40024,126,651
6Marriott International, Inc.2025Anthony Capuano1,400,00112,010,6964,125,2054,526,83022,970,926
7Caesars Entertainment, Inc.2025Thomas Reeg2,060,00011,991,46702,945,80017,199,029
8Travel & Leisure Co.2025Michael Brown1,331,75610,849,96203,331,30016,000,693
9Chipotle Mexican Grill, Inc.2025Scott Boatwright1,095,3857,800,0025,200,0071,155,00015,455,736
10Host Hotels & Resorts, Inc.2025James Risoleo1,100,0009,569,88003,697,10014,835,223
11Boyd Gaming Corporation2025Keith Smith1,850,0009,124,85803,700,00014,697,487
12Marriott Vacations Worldwide Corp.2025John Geller888,4625,599,9841,399,992014,344,132
13Hilton Grand Vacations, Inc.2025Mark Wang1,345,9627,762,44804,540,20014,067,191
14Wyndham Hotels & Resorts, Inc.2025Geoffrey Ballotti1,426,93511,999,8180013,551,700
15Alaska Air Group, Inc.2025Ben Minicucci847,6926,769,22201,632,7219,904,339
16Sabre Corporation2025Kurt Ekert900,0006,044,0000411,7507,409,848
17Six Flags Entertainment Corporation2025John Reilly72,3295,709,725005,782,054
18Bloomin' Brands, Inc.2025Michael Spanos1,000,0003,333,33701,155,0005,495,861
19JetBlue Airways Corporation2025Joanna Geraghty700,0003,249,99601,102,5005,191,318
20Vail Resorts, Inc.2025Robert Katz1,123,5881,405,6931,405,69303,952,230

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Travel & Leisure Co.not disclosedPSU 50 · RSU 50not disclosedAon
Alaska Air Group, Inc.110.0%PSU 50 · RSU 50NoMeridian
Bloomin' Brands, Inc.66%PSU 67 · RSU 33NoFW Cook
Boyd Gaming Corporation100%PSU 60 · RSU 40NoExequity
Caesars Entertainment, Inc.71.5%RSU 50 · PSU 50Yes — relative total shareholder return (rTSR)Aon
Chipotle Mexican Grill, Inc.53%PSU 60 · Options 20 · RSU 20NoMeridian Compensation Partners, LLC
Darden Restaurants, Inc.155%PSU 50 · Options 25 · RSU 25Yes — Relative TSRPearl Meyer
Hilton Grand Vacations, Inc.113%not disclosedNoPearl Meyer
Hilton Worldwide Holdings, Inc.114%PSU 50 · RSU 25 · Options 25NoExequity LLP
Host Hotels & Resorts, Inc.not disclosedPSU 60 · RSU 40Yes — Relative TSRPay Governance
Hyatt Hotels Corporation84%PSU 40 · SAR 30 · RSU 30NoKorn Ferry
JetBlue Airways Corporationnot disclosednot disclosedYes — Relative TSRPay Governance LLC
Las Vegas Sands Corp.108%RSU 100NoKorn Ferry
Marriott International, Inc.162%PSU 50 · RSU 25 · Options 25NoPearl Meyer
Marriott Vacations Worldwide Corp.67.27%PSU 50 · RSU 30 · Options 20NoExequity LLP
PENN Entertainment, Inc.66.3%PSU 50 · RSU 25 · Options 25NoSemler Brossy Consulting Group, LLC
Sabre Corporation30.5%PSU 60 · RSU 40Yes — TSR modifierKorn Ferry
Six Flags Entertainment Corporation0%PSU 67 · RSU 33NoFW Cook
Vail Resorts, Inc.92%RSU 50 · Options 50not disclosedAon
Wyndham Hotels & Resorts, Inc.not disclosedRSU 50 · PSU 50NoAon (Human Capital Solutions practice)

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

FAQ

Frequently asked questions

Who was the highest-paid executive at Travel & Leisure Co. in fiscal 2025?
As disclosed, Michael Brown, President and Chief Executive Officer, was the highest-paid executive at Travel & Leisure Co. in fiscal 2025 with total compensation of $16,000,693.
How does Travel & Leisure Co.'s chief executive pay compare to its disclosed peer group?
The filing shows that the chief executive's pay ranked at the 63rd percentile of the disclosed peer group.
What is Travel & Leisure Co.'s CEO-to-median employee pay ratio?
As disclosed, the CEO-to-median employee pay ratio was 279:1.
How did shareholders vote on Travel & Leisure Co.'s executive compensation?
The latest say-on-pay support vote is not disclosed in this filing.
How much does Travel & Leisure Co. spend in total on board compensation for fiscal 2025?
The company reported total board compensation of $3,579,499 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Michael BrownDEF 14A2026-04-100001361658-26-000019Section “Executive Compensation Tables” · page 64. As printed: 16,000,693. Filing ↗machine: r2 · c21 · span 1085495–1085505
2Section 01, Erik HoagDEF 14A2026-04-100001361658-26-000019Section “Executive Compensation Tables” · page 64. As printed: 5,808,365. Filing ↗machine: r6 · c21 · span 1093262–1093271
3Section 01, Jeffrey MyersDEF 14A2026-04-100001361658-26-000019Section “Executive Compensation Tables” · page 64. As printed: 5,016,826. Filing ↗machine: r14 · c21 · span 1108834–1108843
4Section 01, Geoffrey RichardsDEF 14A2026-04-100001361658-26-000019Section “Executive Compensation Tables” · page 64. As printed: 4,819,214. Filing ↗machine: r10 · c21 · span 1101040–1101049
5Section 01, James SavinaDEF 14A2026-04-100001361658-26-000019Section “Executive Compensation Tables” · page 64. As printed: 3,318,801. Filing ↗machine: r18 · c21 · span 1116607–1116616
6Section 01, Michael HugDEF 14A2026-04-100001361658-26-000019Section “Executive Compensation Tables” · page 64. As printed: 448,978. Filing ↗machine: r22 · c21 · span 1124406–1124413
7Section 07, pay ratioDEF 14A2026-04-100001361658-26-000019Section “CEO Pay Ratio”. As printed: 279 : 1. Filing ↗
8Section 08, James E. BuckmanDEF 14A2026-04-100001361658-26-000019Section “Director Compensation”. As printed: 504,998. Filing ↗machine: span 709155–709397
9Section 08, Stephen P. HolmesDEF 14A2026-04-100001361658-26-000019Section “Director Compensation”. As printed: 504,598. Filing ↗machine: span 712508–712750
10Section 08, Louise F. BradyDEF 14A2026-04-100001361658-26-000019Section “Director Compensation”. As printed: 473,939. Filing ↗machine: span 707459–707699
11Section 08, Michael H. WargotzDEF 14A2026-04-100001361658-26-000019Section “Director Compensation”. As printed: 453,783. Filing ↗machine: span 719548–719847
12Section 08, Denny Marie PostDEF 14A2026-04-100001361658-26-000019Section “Director Compensation”. As printed: 451,440. Filing ↗machine: span 715829–716071
13Section 08, George HerreraDEF 14A2026-04-100001361658-26-000019Section “Director Compensation”. As printed: 425,439. Filing ↗machine: span 710812–711054
14Section 08, Ronald L. RicklesDEF 14A2026-04-100001361658-26-000019Section “Director Compensation”. As printed: 401,439. Filing ↗machine: span 717488–717730
15Section 08, Lucinda C. MartinezDEF 14A2026-04-100001361658-26-000019Section “Director Compensation”. As printed: 363,863. Filing ↗machine: span 714170–714412
16Section 08, Michael D. BrownDEF 14A2026-04-100001361658-26-000019Section “Director Compensation”. As printed: 0. Filing ↗
17Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
18Section 09b board cost (computed)Computed——Cash 966,430 + equity 2,236,057 + all other 377,012 = 3,579,499, summed across the director compensation table rows.machine: formula: Σ = 3,579,499
19Darden Restaurants, Inc., Section 10b CEO totalDEF 14A2026-08-100001193125-26-342023CEO total compensation as printed in Darden Restaurants, Inc.'s own proxy. As printed: 34,815,979. Filing ↗machine: r4 · c18 · span 1947073–1947083
20Las Vegas Sands Corp., Section 10b CEO totalDEF 14A2026-04-010001300514-26-000031CEO total compensation as printed in Las Vegas Sands Corp.'s own proxy. As printed: 31,109,661. Filing ↗
21Hilton Worldwide Holdings, Inc., Section 10b CEO totalDEF 14A2026-04-020001585689-26-000023CEO total compensation as printed in Hilton Worldwide Holdings, Inc.'s own proxy. As printed: 27,674,400. Filing ↗machine: r2 · c27 · span 712792–712803
22Hyatt Hotels Corporation, Section 10b CEO totalDEF 14A2026-04-020001104659-26-038759CEO total compensation as printed in Hyatt Hotels Corporation's own proxy. As printed: 26,699,762. Filing ↗machine: span 775055–775065
23PENN Entertainment, Inc., Section 10b CEO totalDEF 14A2026-04-270001140361-26-016846CEO total compensation as printed in PENN Entertainment, Inc.'s own proxy. As printed: 24,126,651. Filing ↗machine: r2 · c25 · span 1628709–1628719
24Marriott International, Inc., Section 10b CEO totalDEF 14A2026-03-270001140361-26-011590CEO total compensation as printed in Marriott International, Inc.'s own proxy. As printed: 22,970,926. Filing ↗machine: r2 · c28 · span 1165120–1165130
25Caesars Entertainment, Inc., Section 10b CEO totalDEF 14A2026-04-230001193125-26-174058CEO total compensation as printed in Caesars Entertainment, Inc.'s own proxy. As printed: 17,199,029. Filing ↗machine: r3 · c23 · span 649787–649797
26Travel & Leisure Co. (subject), Section 10b CEO totalDEF 14A2026-04-100001361658-26-000019CEO total compensation as printed in Travel & Leisure Co.'s own proxy. As printed: 16,000,693. Filing ↗machine: r2 · c21 · span 1085495–1085505
27Chipotle Mexican Grill, Inc., Section 10b CEO totalDEF 14A2026-04-280001140361-26-017294CEO total compensation as printed in Chipotle Mexican Grill, Inc.'s own proxy. As printed: 15,455,736. Filing ↗machine: r2 · c22 · span 1337747–1337758
28Host Hotels & Resorts, Inc., Section 10b CEO totalDEF 14A2026-04-080001070750-26-000062CEO total compensation as printed in Host Hotels & Resorts, Inc.'s own proxy. As printed: 14,835,223. Filing ↗machine: r6 · c10 · span 2451418–2451428
29Boyd Gaming Corporation, Section 10b CEO totalDEF 14A2026-03-200001193125-26-116798CEO total compensation as printed in Boyd Gaming Corporation's own proxy. As printed: 14,697,487. Filing ↗machine: r3 · c34 · span 359765–359775
30Marriott Vacations Worldwide Corp., Section 10b CEO totalDEF 14A2026-03-260001193125-26-125219CEO total compensation as printed in Marriott Vacations Worldwide Corp.'s own proxy. As printed: 14,344,132. Filing ↗machine: t253 · r5 · c34 · span 833147–833157
31Hilton Grand Vacations, Inc., Section 10b CEO totalDEF 14A2026-03-170001140361-26-009850CEO total compensation as printed in Hilton Grand Vacations, Inc.'s own proxy. As printed: 14,067,191. Filing ↗machine: r2 · c21 · span 1149244–1149255
32Wyndham Hotels & Resorts, Inc., Section 10b CEO totalDEF 14A2026-03-250001722684-26-000050CEO total compensation as printed in Wyndham Hotels & Resorts, Inc.'s own proxy. As printed: 13,551,700. Filing ↗machine: r2 · c48 · span 701393–701403
33Alaska Air Group, Inc., Section 10b CEO totalDEF 14A2026-03-300001193125-26-132048CEO total compensation as printed in Alaska Air Group, Inc.'s own proxy. As printed: 9,904,339. Filing ↗machine: t40 · r2 · c17 · span 1199860–1199869
34Sabre Corporation, Section 10b CEO totalDEF 14A2026-03-190001193125-26-115957CEO total compensation as printed in Sabre Corporation's own proxy. As printed: 7,409,848. Filing ↗machine: t415 · r3 · c34 · span 1314310–1314319
35Six Flags Entertainment Corporation, Section 10b CEO totalDEF 14A2026-04-090001193125-26-149736CEO total compensation as printed in Six Flags Entertainment Corporation's own proxy. As printed: 5,782,054. Filing ↗machine: span 617438–617447
36Bloomin' Brands, Inc., Section 10b CEO totalDEF 14A2026-03-030001546417-26-000015CEO total compensation as printed in Bloomin' Brands, Inc.'s own proxy. As printed: 5,495,861. Filing ↗machine: span 923483–923492
37JetBlue Airways Corporation, Section 10b CEO totalDEF 14A2026-04-020001158463-26-000041CEO total compensation as printed in JetBlue Airways Corporation's own proxy. As printed: 5,191,318. Filing ↗machine: r5 · c7 · span 2148744–2148753
38Vail Resorts, Inc., Section 10b CEO totalDEF 14A2025-10-300000812011-25-000221CEO total compensation as printed in Vail Resorts, Inc.'s own proxy. As printed: 3,952,230. Filing ↗machine: t169 · r3 · c15 · span 860012–860021
39Section 10a, Bloomin' Brands, Inc. reciprocityDEF 14A—0001546417-26-000015Bloomin' Brands, Inc.'s most recent proxy was read; its disclosed peer group does not include Travel & Leisure Co.. Filing ↗
40Section 10a, Boyd Gaming Corporation reciprocityDEF 14A—0001193125-26-116798Boyd Gaming Corporation's most recent proxy was read; its disclosed peer group does not include Travel & Leisure Co.. Filing ↗
41Section 10a, Chipotle Mexican Grill, Inc. reciprocityDEF 14A—0001140361-26-017294Chipotle Mexican Grill, Inc.'s most recent proxy was read; its disclosed peer group does not include Travel & Leisure Co.. Filing ↗
42Section 10a, Las Vegas Sands Corp. reciprocityDEF 14A—0001300514-26-000031Las Vegas Sands Corp.'s most recent proxy was read; its disclosed peer group does not include Travel & Leisure Co.. Filing ↗
43Section 10a, Hilton Grand Vacations, Inc. reciprocityDEF 14A—0001140361-26-009850Hilton Grand Vacations, Inc.'s most recent proxy was read; its disclosed peer group does not include Travel & Leisure Co.. Filing ↗
44Section 10a, Marriott International, Inc. reciprocityDEF 14A—0001140361-26-011590Marriott International, Inc.'s most recent proxy was read; its disclosed peer group does not include Travel & Leisure Co.. Filing ↗
45Section 10a, Vail Resorts, Inc. reciprocityDEF 14A—0000812011-25-000221Vail Resorts, Inc.'s most recent proxy was read; its disclosed peer group does not include Travel & Leisure Co.. Filing ↗
46Section 10a, Hyatt Hotels Corporation reciprocityDEF 14A—0001104659-26-038759Hyatt Hotels Corporation's most recent proxy was read; its disclosed peer group does not include Travel & Leisure Co.. Filing ↗
47Section 10a, Alaska Air Group, Inc. reciprocityDEF 14A—0001193125-26-132048Alaska Air Group, Inc.'s most recent proxy was read; its disclosed peer group does not include Travel & Leisure Co.. Filing ↗
48Section 10a, PENN Entertainment, Inc. reciprocityDEF 14A—0001140361-26-016846PENN Entertainment, Inc.'s most recent proxy was read; its disclosed peer group does not include Travel & Leisure Co.. Filing ↗
49Section 10a, Six Flags Entertainment Corporation reciprocityDEF 14A—0001193125-26-149736Six Flags Entertainment Corporation's most recent proxy was read; its disclosed peer group does not include Travel & Leisure Co.. Filing ↗
50Section 10a, Marriott Vacations Worldwide Corp. reciprocityDEF 14A—0001193125-26-125219Marriott Vacations Worldwide Corp.'s most recent proxy was read; its disclosed peer group does not include Travel & Leisure Co.. Filing ↗
51Section 10a, Wyndham Hotels & Resorts, Inc. reciprocityDEF 14A—0001722684-26-000050Wyndham Hotels & Resorts, Inc.'s most recent proxy was read; its disclosed peer group does not include Travel & Leisure Co.. Filing ↗
52Section 10a, Darden Restaurants, Inc. reciprocityDEF 14A—0000950170-25-101699Darden Restaurants, Inc.'s most recent proxy was read; its disclosed peer group does not include Travel & Leisure Co.. Filing ↗
53Section 10a, JetBlue Airways Corporation reciprocityDEF 14A—0001158463-26-000041JetBlue Airways Corporation's most recent proxy was read; its disclosed peer group does not include Travel & Leisure Co.. Filing ↗
54Section 10a, Caesars Entertainment, Inc. reciprocityDEF 14A—0001193125-26-174058Caesars Entertainment, Inc.'s most recent proxy was read; its disclosed peer group does not include Travel & Leisure Co.. Filing ↗

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