MCLEAN, Va. – The Board of Directors of Hilton Worldwide Holdings Inc. (NYSE: HLT) today announced that veteran business leader and technology entrepreneur Marissa Mayer has been nominated to stand for election to the board at the company’s Annual Meeting of Shareholders in May. If elected by shareholders, Mayer will succeed long-time Hilton Director Judith McHale who has shared her intention to retire from the board as of this year’s Annual Meeting.
Hilton’s Board of Directors has long benefitted from a seasoned team with the right background and experiences to help continue driving the company forward, said Jon Gray, chairman of Hilton’s Board of Directors. We look forward to welcoming Marissa Mayer given her extensive consumer and technology expertise in a time when new technologies are presenting a wide array of opportunities for companies to grow. Marissa’s track record as a technology innovator, entrepreneur and Fortune 500 CEO makes her well-suited to support Hilton in its next chapter of growth.
Judith McHale has been an exemplary board member during her nearly 12 years of service to Hilton. She has been a steady voice and strong leader on both the Audit and Compensation committees, as well as a good person, and we are grateful for her many contributions, Gray said.
Mayer brings deep technology expertise to the Hilton board having served as chief executive officer of Sunshine Products since 2018 and previously as chief executive officer, president and a member of the board of directors of Yahoo!, Inc. from 2012-2017. She co-founded Sunshine Products in 2018 as a technology startup that uses artificial intelligence to develop consumer-facing applications for automating everyday tasks. Before leading Yahoo!, she spent 13 years at Google, Inc. as an early employee and the first woman software engineer. Holding roles of increasing responsibility including vice president, Search Products and User Experience and vice president, Local, Maps and Locations Services, she led Google Search, Google Maps, Google News, and other consumer products for more than a decade.
McHale joined the board in 2013 and has served as a member of the Audit Committee and Compensation Committee, including as chair of the Compensation Committee since 2018. McHale has served as president and chief executive officer of Cane Investments, LLC since August 2011 and, from May 2009 to July 2011, served as under secretary of state for Public Diplomacy and Public Affairs for the U.S. Department of State. McHale also has served as president and chief executive officer of Discovery Communications and currently serves on the board of directors of Paramount and previously served on the board of directors of Ralph Lauren Corporation and Sea World Entertainment, Inc.
