"I think all our hotels, in all brands, need to appeal to the millennial," he says. Mail us related to PR enquiry, interviews, content suggestions, Authored articles, collaborations, event partnerships and advertisements. Theres no way of extricating one from the other, and that your basic value system as a person is the value system you should have in business. He made headlines last year with a decision to eliminate traditional room service in big city hotels. "I am very long-winded," he acknowledges. Nothing will eclipse it. Join us for the Virtual Trading Summit and learn the fundamentals of smart investing! "People really didn't know where we were going," he says. Jonathan Gray, now president and COO of Blackstone, wooed Nassetta by telling him he had been training your whole life for this position, Nassetta says. By Im looking forward to connecting with Indias hospitality leaders at HICSA as we define the next Golden Age of Travel, and our team is excited to share our signature hospitality with the conference attendees at the beautiful Hilton Bengaluru Embassy Manyata Business Park and Hilton Garden Inn Bengaluru Embassy Manyata Business Park.. As for Blackstone, which exited Hilton after 11 years, the investment is regarded as the most profitable private equity deal ever, according to Bloomberg, with a cumulative profit of $14 billion. "Bottled water has a cost, has an environmental impact," Nassetta says. "You get in there, and you pay them the respect.". But by the time he returned, Paige had had a change of heart. Nassetta is the fourth of six kids. Hilton pioneered the idea of an airport hotel in 1959 in San Francisco. Nassetta 2007. More than 25,000 global tech workers laid off in the first weeks of 2023, says layoff tracking site, Microsoft plans to slash thousands of jobs: reports, CDC to investigate safety signal for Pfizers updated COVID booster, Dow drops over 600 points, posts worst day of year after weak economic data, hawkish Fed remarks erase inflation cheer. In his day job as CEO of Hilton hotels, he has about 732,000 guests per night to make happy. We get to celebrate it, literally, at the top of our game.. Were outperforming everybody in the industry, he says. Over the years we have had a similar format, but change is truly the only constant! The founding partners of Hotelivate are reputed hospitality business consultants, who have advised, assisted, and nurtured thousands of clients for more than two decades in South Asia. "I tend to cook what the kids beg for: my grandmother's old recipes of spicy red sauces, some sausage and ziti.". The recovery took years. Get market updates, educational videos, webinars, and stock analysis. On July 3, 2007, Blackstone cut what was then the biggest private equity check ever$6.5 billiontoward the $26 billion purchase of the Hilton holdings3,700 hotels, 600,000 rooms and debt, lots and lots of debt. Bicoastal commuting was a non-starter for Nassetta (No way. Conrad N. Hilton College of Global Hospitality Leadership, Celebrating 50 Reasons We Are Hospitality, Specs Beverage & Food Appreciation Laboratory, Opportunities to Connect With Our Students, Conrad N. Hilton College P & T Guidelines, Electronic & Information Resources Accessibility, Discrimination and Sexual Misconduct Reporting and Awareness. You have to understand the sensitivity, he says. Mr Nassetta says that despite the household name, Hilton was at the lower end of the pack and that the two companies actively disliked each other. Through intense negotiations, reinventing the company culture, and innovation (with help from the rebounding economy), the renamed Hilton Worldwide Holdings (HLT) went public again on December 12, 2013. And then, just two years later, back again. Husband. All rights reserved. President and CEO of Hilton Worldwide Holdings, Inc. since 2007. He's also former chairman of the World Travel and Tourism Council. . Taking place over two and a half days, the main conference is set to be hosted at the expansive conference space spanning Hilton Bengaluru Embassy Manyata Business Park and Hilton Garden Inn Bengaluru Embassy Manyata Business Park. His father (in real estate) and his grandfather (a cabinetmaker) were entrepreneurs. He's . This was no cushy assignment. The summer before college, he got his first formal job an entry-level position in the Holiday Inn Capitol Hill's engineering department. For his six kids--three boys, three girls--there was no allowance. Whats the bid for this rarest of Bugattis? Were opening more than a hotel a day somewhere in the world. CEO Christopher Nassetta talks to Christine Tan about its legacy and the Hilton Effect, and how he plans to expand the empire beyond 100 years. Under Mr Nassetta, Hilton has become leaner. Nassettas keynote session will take place on Day 1 of the Conference. "I'm not a gourmet chef," Nassetta says. To learn more about HICSA 2023 and register for the conference, visit www.hicsaconference.com. When Nassetta took over in 2007, Hilton lagged behind other hoteliers. Breaking the news, which he did in person against his HR departments advice, was the most difficult day of my career, he says. "Millennials grow up and their needs change. Others Named Chris Nassetta. "We're constantly evaluating the market, examining trends and listening to feedback from our guests, owners, and partners," said Nassetta. Today, Hilton Worldwide is the largest hotelier in the world, by rooms, with 679,000. "I don't really want to encourage it. , 12 . And the neighbors--on both sides--are his sisters and their families. He joined the company in 2007. Mr Nassetta, 57, has learnt the hard way. ', . To read more about NoVA notables making a difference in the community,subscribeto our weekly newsletter. Professional Troublemaking . , . As he rang the opening bell that day on the New York Stock Exchange floor, Mr Nassetta, dressed in a white Hilton bathrobe, cried. 10 Hilton . Blackstone bought Hilton Hotels in early July 2007 for $26 billion. analyse how our Sites are used. In April 2010, Blackstone put more money into Hilton. Proud UVA alum. Private equity firm Blackstone Group purchased the company; Nassetta was brought in to turn it around. 1995, Host Hotels & Resorts, Inc., Chief Operating 1997. (Very) frequent traveler dedicated to leading the world's most hospitable company. As the worlds third largest economy, India presents a tremendous opportunity for travel and tourism, and all of us at Hilton are optimistic about the future of this incredible market. IHCL Partners with Tata Strive and Madhya Pradesh Tourism Board for a Skill Centre in Gwalior, Expo Inn ready to welcome delegates to the largest events in the country, Pushpam Lords Resort- Karjat appoints Shashank Menon as General Manager, The Westin Kolkata Rajarhat appoints Anjali Yadav as Assistant Manager Marketing & Communication, SOTC Travel unveils new Digital campaign Your Holiday is calling, Lexicon Institute of Hotel Management signs an MOU with the Pahal Foundation, FSSAI Assigned LabelBlind to Study the Baseline Nutrition Values of Packed Food Products, One Rep Global appointed India representative for De LEurope Amsterdam. Nearly every weekend, Chris Nassetta is cooking in his family's oversized kitchen, outfitted with two commercial-grade refrigerators, three sinks and a deep fryer. Hilton's president and CEO, Christopher Nassetta, just noted he does not tip housekeeping when he checks out of a hotel. Previously, Mr. Nassetta was President and Chief Executive. "There was no culture of innovation," he said. Gray convinced Nassetta of Hilton's potential for a big comeback. 16.3% rally. Getting out of the cocoon, all the support wed built for a lifetimepoof, it was gone. And then, just two years later, back again. Nassetta and his familysix daughters and his wifewould find themselves moving from Northern Virginia to the fabled luxury confines of Bel Air, home of Beyonc, Jay Z, Elon Musk, Jennifer Aniston and other celebrities. Prior to joining Host, Mr. Nassetta co-founded Bailey Capital Corporation in 1991, where he was responsible for the operations of the real estate investment and advisory firm. Nassetta serves on multiple boards and organizations, including the World Travel & Tourism Council, International Youth Foundation, Partners for a New Beginning, CoStar Group, Inc., The Real Estate Roundtable, Federal City Council, The Economic Club of Washington, D.C., Arlington Free Clinic, Wolf Trap Foundation for the Performing Arts and The John F. Kennedy Center for the Performing Arts. Search. Chris Nassetta - President & CEO, Hilton to participate in HICSA 2023 as keynote speaker The event will take place in Bangalore from 11th - 13th April 2023 and Nassetta's keynote session will take place on day one of the conference by Staff Writer January 10, 2023 Chris Nassetta - President and CEO, Hilton. Christopher J. Nassetta, president and chief executive officer of Hilton Before joining Hilton in 2007, Nassetta served as president and chief executive officer of Host Hotels & Resorts, Inc., a position he had held since 2000. Nassetta focused on lucrative international markets at the time, only 19 percent of Hilton's new hotels were planned for overseas. Hilton President and CEO Christopher Nassetta spoke with Skift CEO Rafat Ali at Skift Global Forum 2021. "The customer gets a better price, better service and ultimately, in their minds, a better product," Nassetta says. Meanwhile, travelers, particularly the new breed of efficiency-minded millennial wanderers, regarded the brand the way they looked at Granddads Cadillac: Aspirational luxury, but, meh, needlessly expensive and oh look, over heres a designed-to-death boutique hotel with free Wi-Fi. But Hilton couldnt do a headline-generating search for a new home the way Amazon tantalized municipalities in its search for HQ2, half of which ended up in Arlington. He wound up as chief development officer and helped right the Carr ship during the savings and loan crisis of the late 80s. It is, he says, the most rewarding thing he has ever done, though he has not been without doubts. you have to move forward with confidence because you have to convince people to follow you.. Hilton was once an innovator. These aren't small meals. People pay for bottled water at their house, so I'm not sure why they can't pay for it at our hotels. Previously, Mr. Nassetta was President and Chief Executive Officer of Host Hotels & Resorts, Inc., a position he held since 2000. CHRIS DODD FOR PRESIDENT INC - Democrat: Nassetta, Christopher ARLINGTON, VA 22207: Host Hotels & Resorts/Executive: $2,300: 03/31/2007: G: CHRIS DODD FOR PRESIDENT INC - Democrat: NASSETTA, CHRISTOPHER J. MR. ARLINGTON, VA 22207: HOST HOTELS AND RESORTS/EXECUTIVE: $2,100: 03/16/2007: P: JOHN MCCAIN 2008 INC. - Republican: NASSETTA, CHRISTOPHER . Taking time away to be with my wife and daughters is one of the most important things to me, so I'm thrilled to join Project: Time Off in celebrating National #PlanForVacation Day. She did not take the news well. Nassetta email, . Of its planned hotels, 60 percent are now outside the U.S. Its initial public offering last December raised $2.35 billion, surpassing Twitter's IPO the month prior. Chris Nassetta (Christopher J. Nassetta) Hilton. Elsewhere, the value of options awards rose to $4.57 million from $4.31 million, non-equity incentive plan compensation declined to $1.07 million from $2.40 million and all other compensation decreased to $361,161 from $435,343. and other data for a number of reasons, such as keeping FT Sites reliable and secure, He did jobs no one else wanted to do, like plunging toilets. Christopher Nassetta. And he loves to chat. But it has been steadily . He cut the list of company rules from 3,000 to 300. , McIntire School of Commerce. All rights reserved. He had to restructure not only the operations, but the culture. Nassetta, 51, is as likely to greet you with a high five as a handshake. Leadership lessons are one of Chris Nassettas favourite topics. By 2009 Hilton had lost 70% of its market value. Mr Nassetta, 57, has learnt the hard way. Prior to joining Hilton in 2007, Chris Nassetta was president and CEO of Host Hotels & Resorts. Learn how you can make more money with IBD's investing tools, top-performing stock lists, and educational content. If you were not a chief executive, what would you be? Hilton is adding to its large portfolio of brands by launching Spark by Hilton to compete in the premium economy category. But there were some times where a lot of people doubted us, he says. personalising content and ads, providing social media features and to Bailey rallying the troops this time would be off the table. But guests aren't happy either with often overpriced, mediocre food. "You get in there, and you pay them the respect.". , , . Christopher J. Nassetta, CEO, Hilton Worldwide Holdings Inc.; Age: 52 Residence: Arlington Family: Wife Paige; six daughters, ages 11 to 21 Education: Bachelor's in finance, University . He hails from Arlington and loves the company of his family and friends. 2000-2023 Investor's Business Daily, LLC. My brother died 10 months later. The basics. Nassettas intuition that Fourth of July day proved accurate when Blackstone asked him to take over Hilton as president and CEO. World Travel & Tourism Council Flickr images: Date: 25 April 2014, 12:22: Source: Christopher J Nassetta, President & CEO, Hilton Worldwide: Author: World Travel & Tourism Council Blackstone bought Hilton Hotels in early July 2007 for $26 billion. What do I owe him. -1.56% Fresh out of UVAs McIntire School of Commerce in 1984, the computer-literate 20-something made a pitch to [real estate developer] Oliver Carr that I was on the cutting-edge of financial analysis and can do it faster and better because of these new tools called computers and you should hire me and I can organize [the business] for you. Not only did he get the job, but I accelerated very rapidly, he says. . "The customer gets a better price, better service and ultimately, in their minds, a better product," Nassetta says. Despite initially turning down the job, he was eventually persuaded. Below is the transcript of an interview with Hilton President and CEO Chris Nassetta. She still comes each week and gives us the gift of her time His family has always been here for us.. ", How Thomas Rowe Price Picked Stocks And Success, Give People Honest Feedback By Hitting Positives And Negatives, Inspirational Quotes: Gail Devers, John D. Rockefeller, Ali Krieger And Others, Get Full Access To IBD Stock Lists And Ratings. He joined the company in 2007. He is a board member of 7 organizations Christopher has served under various positions in different industries such as real estate and finance which exposed him to an array of skills. In the end, it was Paige who said to load up the truck and move to Beverly. Nassetta and Hilton have been longtime . Mr Nassetta, 57, has learnt the hard way. Most of the time, Nassetta is on the road. Nassetta and his familysix daughters and his wifewould find themselves moving from Northern Virginia to the fabled luxury confines of Bel Air, home of Beyonc, Jay Z, Elon Musk, Jennifer Aniston and other celebrities. . The event will raise vital funds to support Shatterproof's efforts to transform how addiction is treated in America. He joined the company in 2007. Chris Nassetta 2000, Nassetta Host Hotels & Resorts, Inc. Hilton 2007. Christopher J. Nassetta President & Chief Executive Officer View Profile Kristin Campbell Today, Hilton Worldwide is the largest hotelier in the world, by rooms, with 679,000. Sign up for free today. When I told them what I was going to announce, there were literally gasps. Nassetta believes in three to five years a basic level of Internet access will be free across the industry, with hotels only charging for faster service. In Northern Virginia, the Nassettas are active in a number of local nonprofits, including the Arlington Free Clinic, which provides health services to some 1,600 low-income, uninsured residents. "My father wanted us to be independent, do it on our own, just like he did," Nassetta recalls. It was the second largest IPO of the year and the biggest ever for a hotel. Every experience Ive had is extraordinary, he says, seated in his 11th-story corner Park Place II office high above Tysons. He's also former . Nassetta's team contemplated selling off pieces of the company. The conference is valued for its content-rich sessions and excellent networking opportunities attracting the hospitality industrys top brands, hotel owners, bankers, developers, and professional advisors from around the globe. Everyone wants to be part of a strong and growing team, and people want to know they are part of something that matters," he says. His grandfather arrived in America from Italy before the Great Depression with a few dollars in his pocket and just as many words of English in his vocabulary. "I tend to cook what the kids beg for: my grandmother's old recipes of spicy red sauces, some sausage and ziti.". Nassetta is the fourth of six kids. In 2009, 18 months into his tenure as chief executive, Hilton was on the brink of collapse, making the $26bn investment of owners Blackstone look like. We, as a family unit, became incredibly tight because we needed each other.. While some hotel companies, like Marriott International, are launching new brands targeting younger travelers Nassetta isn't convinced that is the best approach. Hotelivate has announced Chris Nassetta - President and CEO, Hilton as a keynote speaker for the 18th Edition of the Hotel Investment Conference - South Asia (HICSA) in Bangalore from 11th - 13th April 2023. Find Christopher Nassetta in Arlington, VA and get their phone number, relatives, public records, and past addresses including Colorado and Maryland. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Copyright document.write(new Date().getFullYear()); . It was named the best employer in the US this year by Fortune magazine the first time a hospitality company has held the title and the first non-tech company since 2004 to top the list. I had a lot of pride in what we accomplished, Nassetta says. 11 January 2023: Hotelivate is pleased to announce Chris Nassetta President and CEO, Hilton as a keynote speaker for the 18th Edition of the Hotel Investment Conference South Asia (HICSA) in Bangalore from 11th 13th April 2023. We are talking in his office at the hotel companys headquarters in Arlington, just outside Washington DC. ", The Daily Digest for Entrepreneurs and Business Leaders. Ownership data provided by Refinitiv and Estimates data provided by FactSet. Nassetta has been pivotal to the companys fast paced growth and success for over a decade. My father. My father always said that getting behind the walls was the best way to understand a business, which is why I took my first job in the engineering department of a Holiday Inn. The reception will honor Chris Nassetta, president and CEO, Hilton, who has been integral in uniting hospitality leaders to raise awareness and shatter the stigma surrounding addiction. Hilton's headquarters in Beverly Hills, Calif., had its own separate internal operations. Truthfully, I cannot imagine being anything other than Hiltons CEO but if pushed, maybe a chef. Hilton returned $1.1 billion to shareholders in 2017. Christopher Nassetta. And how he pulled it off contains lessons for any leader looking to fix a tough situation. Her husband is not so keen. In 2009, 18 months into his tenure as chief executive, Hilton was on the brink of collapse, making the $26bn investment of owners Blackstone look like one of the biggest private equity follies in history. All the while he launched multilingual websites and introduced mobile apps. "I am very long-winded," he acknowledges. Chris Nassetta 2015 Inductee President & CEO of Hilton Worldwide Christopher J. Nassetta, president and CEO of Hilton Worldwide since 2007, epitomizes founder and famed hotelier Conrad N. Hilton's pledge to "fill the earth with the light and warmth of hospitality." The summer before college, he got his first formal job--an entry-level position in the Holiday Inn Capitol Hill's engineering department. We had this super-comfortable cocoon.. Hilton CEO Christopher J. Nassetta is among the few but besides that; there are other facts you do not know about him. She was instrumental in helping me realize I love to take things that dont work and try to make them work., If it was going to be really detrimental to the family, we wouldnt have done it, he says. Im now clean and sober: My late father left me 25% of his estate, and my wealthy brother 75%. For a guy who spends two-thirds of a year on the road, visiting hotels, Chris Nassetta is a surprising homebody. Copyright 2023 Northern Virginia Magazine, How NoVA native Chris Nassetta successfully revamped the Hilton brand, The Longest Snow Tubing Slope on the East Coast Is Set to Open in Harpers Ferry This Winter, Where to Find Over 50 Mouthwatering Cheap Eats Around Northern Virginia, 2 Teens Dead, 1 Seriously Injured in Crash Near Fairfax Station, Here Are the 6 Best Restaurants in Vienna, Legendary NBC4 Anchor Doreen Gentzler on Growing Up in Arlington, Retirement, and More, Meet the Vienna Teen Whos Changing the Figure Skating World, New From NoVA: A Debut Coming-of-Age Novel, the Sequel to a Beloved Sci-Fi Show, and More. Nassetta McLean, Fairfax . Which seemed to be true. Hilton CEO Chris Nassetta sits down for an exclusive interview with Morgan Stanley's Thomas Allen to discuss the future of travel post-COVID. Now in its 100th year, Hilton has 420,000 employees across 114 countries and delivered $8.9bn in revenues last year, but Mr Nassetta says that hotel companies should have a higher purpose. Nearly every weekend, Chris Nassetta is cooking in his family's oversized kitchen, outfitted with two commercial-grade refrigerators, three sinks and a deep fryer. So Nassetta and his senior executives started spending one week each year working at hotels--in housekeeping, engineering and the front desk. (Is it any wonder the name of his boat is Another Girl?). Hilton had more than $20bn of debt on its balance sheet and faced steep revenue declines as corporates tightened their travel budgets. Soon after, the 2008 financial crisis and ensuing recession hit. Primarily, he unclogged toilets. He had to restructure not only the operations, but the culture. Relocating and consolidating redundancies might wake up the slumbering giant. The joke was the CEO and president of the company was homesick and saw a chance to get back to his hometown. Biography of Christopher Nassetta. The reception will honor Chris Nassetta, president and CEO, Hilton, who has been integral in uniting hospitality leaders to raise awareness and shatter the stigma surrounding addiction. All rights reserved. Linked companies : Hilton Worldwide Holdings Inc. - CoStar Group, Inc. "We had lost touch with the front line.". Shes an equal partner, he says. Christopher J. Nassetta will join Hilton Hotels Corp. from Host Hotels & Resorts, where he has been President and Chief Executive Officer since 2000. AI is bringing a new perspective to the table, and we must be ready to embrace it. "It can't get any worse,'" he told the Post. Private-equity investors Blackstone Group (BX) needed an ace to turn around the ailing Hilton Hotels chain it just bought. A dedicated family man and father of six daughters, Nassettas leadership strategy is focused primarily on creating and maintaining a strong company culturesomething thats served him well throughout his entire career. She had this solemn look, he recalls. The company hit a low point in April 2009 when it seemed assets would have to be sold to survive. With 25 years plus of executive leadership logged in the pressure cooker that is the hotel business, Hilton CEO Christopher Nassetta has seen a good number of crises wreak havoc on his industry. The total comp included a decrease in base salary to $350,000 from $1.29 million, as executive salaries were cut a result of the pandemic, but a increase in the value of stock awards to $49.52 million from $12.94 million. For nearly a century, one name stood out in hospitality, Hilton. Its not just about making money. In 2009, 18 months into his tenure as chief executive, Hilton was on the brink of collapse, making the $26bn investment of owners Blackstone look like. Its representative of what I stand for.. I wasnt interested in moving six girlsone of them going into preschool and one of them starting high schooland I had a really good gig going with Host Hotels. "I'm not a gourmet chef," Nassetta says. Previously, Mr. Nassetta was President and CEO of Host Hotels & Resorts, Inc., a position he held since 2000. Most hotels--especially at the higher end--charge for it. . , , , . Sorry, the comment form is closed at this time. The company that pioneered the rewards point system, in-room air conditioning and direct-dial telephones was doing little to innovate, and losing business while doing so. On the other hand, everyone thought the company had enormous potential, given time. . I didnt see that coming.. "We introduce new brands only after a lengthy research and development process, ensuring they're filling a true guest and market need.". Is Chris Nassetta married? You have an expectation you are going to pop right back into the ecosystemthe cocoonbut you find out the whole system is different. "For me, culture is about setting a True North and inspiring our teams to work toward something bigger than themselves. MAR, He discovered operational guidelines differed from hotel to hotel. In two years, he was COO and CEO in 2000. Private equity firm Blackstone Group purchased the company; Nassetta was brought in to turn it around. Collectively, our Executive Committee brings in over 200 years of experience to the company. McLean, Virginia, United States Nassetta, 51, is as likely to greet you with a high five as a handshake. His six daughters go to the same elementary school, junior high and high school he attended. Training for the Hilton job, it would seem, was complete. Our workplace culture has been instrumental in everything we've accomplished over the past 12 years," he says. Bailey is now 26, Mason is 24, Kirby is 22, Sydney is 20, Peyton is 18 and Avery is 15. He had been CEO of . Nassetta Hilton 2007 Host Hotels & Resorts, Inc. 12 . Overcame: Enormous debt to service while the Great Recession was reducing profits. Months after joining, though, the Great Recession tsunami hit the hospitality industry. Age : 58. Mutual Fund and ETF data provided byRefinitiv Lipper. "Their job is harder than your job," Nassetta says. It had been two years since the Nassettas had moved. (Recommended: Marriott CEO Email & Net Worth - Anthony Capuano) Category: Travel & Hospitality Leave a Reply Cancel reply Your email address will not be published. editor@hospitalitylexis.media | hello@hospibuz.com. Chris Nassetta is President and Chief Executive Officer of Hilton, which has the best-performing portfolio of brands in the business, with 18 brands positioned across more than 6,800 properties. And, he adds, the company will reinvent again. "We're continuing that tradition with industry-leading advancements.". There are 5 executives at Hilton Worldwide getting paid more, with Christopher Nassetta having the highest compensation of $21,374,100. The accountants at Wall Streets Blackstone Group saw undeveloped potential, despite guests flocking to competitors. New opportunities and ideas are always welcomed, feel free to get in touch. The labor costs involved with delivering food to rooms makes it a money-loser for the hotel. Not the Chris Nassetta you were looking for? . He joined Host in 1995 as Executive Vice President and was elected Chief Operating Officer in 1997. If you get fired from your tech job, what should be your next move? "I ended up doing lots of different things getting behind the walls and giving me a pretty in-depth understanding of the hotel ecosystem," he told Glassdoor.com. Valued for its networking opportunities and high-level contacts as much as for its content-rich sessions, HICSA, over the last 16 years, has witnessed unprecedented support and appreciation from the hospitality industry. "Bottled water has a cost, has an environmental impact," Nassetta says. He also had a lawn mowing and snow plowing business. one of the most important qualities in humans and in leaders is humility., Every Monday morning, Mr Nassetta hosts meetings with his executives where he expects to be challenged. Chris Nassetta, President and CEO of Hilton joins David Peller, AWS' Head of Worldwide Accommodations and Lodging, for a broad-ranging discussion about the recent disruption faced by travel and hospitality companies - and his company's response to that disruption. . Of the 100 S&P 500 with the lowest median wages, IPS found that Hilton CEO Christopher Nassetta received the largest compensation in 2020.
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