Christopher J. Nassetta Explained

Birth Place:Arlington, Virginia, U.S.
Occupation:Businessman
President and CEO, Hilton Worldwide
Children:6

Christopher J. Nassetta (born 1964 in Arlington, Virginia) is an American businessman, who has served as president and chief executive officer of Hilton Worldwide since October 2007. He attended the University of Virginia and the London School of Economics.[1] [2] [3] [4] [5] [6] [7] [8] In June 2022, Nassetta was recognized by the International Hospitality Institute list featuring the 100 Most Powerful People in Global Hospitality.[9]

In his early career, Nassetta was the chief development officer of the real estate company, Oliver Carr Co.[10] In 1991, Nassetta cofounded Bailey Capital Corporation where he led real estate investments. He then joined Host Hotels & Resorts as executive vice president in 1995, and became the president and CEO of the company in 2000.[11]

Nassetta is married to Paige, his high school prom date and the daughter of former Arkansas congressman Ed Bethune.[12] The couple has six daughters.[13]

In 2023, Nassetta's total compensation from Hilton Worldwide was $26.6 million, up 13% from the previous year and representing a CEO-to-median worker pay ratio of 549-to-1 for that year.[14]

Notes and References

  1. News: Blackstone goes with Nassetta over Hart as Hilton CEO: Travel Weekly . 27 May 2022 . www.travelweekly.com . en . 15 August 2017 . https://web.archive.org/web/20170815024900/http://www.travelweekly.com/Travel-News/Hotel-News/Blackstone-goes-with-Nassetta-over-Hart-as-Hilton-CEO . live .
  2. News: Cooper . Rebecca . CEO of the Year 2014: Chris Nassetta . 27 May 2022 . The Business Journals . December 12, 2014.
  3. News: McClain . Buzz . How NoVA native Chris Nassetta successfully revamped the Hilton brand . 27 May 2022 . Northern Virginia Magazine . 14 August 2019.
  4. News: Heath . Thomas . Christopher Nassetta: The man who turned around Hilton . 27 May 2022 . The Washington Post . 6 July 2014 . 28 November 2022 . https://web.archive.org/web/20221128063228/https://www.washingtonpost.com/business/capitalbusiness/christopher-nassetta-the-man-who-turned-around-hilton/2014/07/03/43071478-fd5a-11e3-932c-0a55b81f48ce_story.html . live .
  5. News: Chris Nassetta: old values for a modern resilient company . 27 May 2022 . Financial Times . 29 September 2019.
  6. News: Chris Nassetta Celebrated as Highest Rated CEO on Glassdoor . 27 May 2022 . DiversityInc . 23 June 2017.
  7. News: Hilton’s Christopher J. Nassetta named 2019 Cornell Hospitality Icon . 27 May 2022 . Cornell SC Johnson . 29 January 2019.
  8. News: Here's Why Hilton Employees Love Working With CEO Chris Nassetta . 27 May 2022 . Investor's Business Daily . 5 September 2019.
  9. Web site: Mix . Pulse . 2022-08-01 . Dr Jeffrey Obomeghie and Dupe Olusola among the 100 most powerful people in global hospitality . 2022-08-02 . Pulse Nigeria . en . 2022-08-01 . https://web.archive.org/web/20220801163626/https://www.pulse.ng/business/dr-jeffrey-obomeghie-and-dupe-olusola-among-the-100-most-powerful-people-in-global/3f8n19m . live .
  10. News: Hedgpeth . Dana . May 13, 2000 . Host Marriott Names New CEO . The Washington Post.
  11. News: Espinoza . Javier . July 19, 2010 . Rallying Hilton Troops With One Vision . The Wall Street Journal.
  12. News: Mayerowitz . Scott . July 30, 2014 . The man responsible for Hilton’s grand turnaround . Reno Gazette-Journal . Associated Press.
  13. News: Heath . Thomas . July 6, 2014 . Nassetta: 'A balanced guy' who lives near his family . The Washington Post.
  14. Web site: 2024-06-07 . Equilar 100: CEO Pay at the Largest Companies by Revenue . live . https://web.archive.org/web/20240815195403/https://www.equilar.com/reports/111-table-equilar-new-york-times-top-100-highest-paid-ceos-2024.html . 2024-08-15 . 2024-08-31 . Equilar . en.