Marriott Vacations Worldwide Corporation announced that Kathleen Pighini, Vice President, Financial Reporting, has been appointed as the Company's Senior Vice President, Corporate Controller and Chief Accounting Officer, effective March 5, 2022. She will report to Anthony Terry, the Company's Executive Vice President and Chief Financial Officer. Ms. Pighini, 44, has served as the Vice President, Financial Reporting since 2015.

She began her career with the Company 15 years ago as Director, Accounting Policy for Marriott Vacation Club International when it was a division of Marriott International Inc. Prior to joining the Company, she was Manager, Assurance & Business Advisory Services with PricewaterhouseCoopers. In connection with Ms. Pighini's appointment, effective March 5, 2022, she will receive an annual base salary of $335,000 and a grant of restricted stock units with a value equal to $90,000, and she will be eligible to participate in the Company's bonus program with an annual targeted bonus of 40% of her annual base salary. In February 2023, she will be eligible to receive an equity grant with a target value of $175,000 to be allocated among restricted stock units, performance-based restricted stock units and stock appreciation rights as determined by the Compensation Policy Committee of the Company's Board of Directors.

Ms. Pighini will be eligible to participate in the Company's standard benefits programs.