People: Starwood Hotels & Resorts Worldwide Inc (HOT)

HOT on New York Consolidated

67.44USD
22 May 2013
Price Change (% chg)

$-0.91 (-1.33%)
Prev Close
$68.35
Open
$68.30
Day's High
$69.48
Day's Low
$67.36
Volume
2,038,985
Avg. Vol
1,861,076
52-wk High
$69.48
52-wk Low
$47.41

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van Paasschen, Frits 

Brief Biography

Mr. Frits D. van Paasschen is President, Chief Executive Officer, Director of Starwood Hotels & Resorts Worldwide, Inc. From March 2005 until September 2007, he served as President and Chief Executive Officer of Molson Coors Brewing Company’s division, Coors Brewing Company, a brewing company, prior to its merger with Miller Brewing Company and the formation of MillerCoors LLC. Prior to joining Coors, from April 2004 until March 2005, Mr. van Paasschen worked independently through FPaasschen Consulting, a consulting company, and Mercator Investments, a private equity firm, evaluating, proposing, and negotiating private equity transactions. Prior thereto, Mr. van Paasschen spent seven years at Nike, Inc., a designer, developer and marketer of footwear, apparel and accessory products, most recently as Corporate Vice President/General Manager, Europe, Middle East and Africa from 2000 to 2004. From 1995 to 1997, Mr. van Paasschen served as Vice President, Finance and Planning at Disney Consumer Products, a business segment of The Walt Disney Company that extends the Disney brand to a range of merchandise, and earlier in his career was a management consultant for eight years at the global management consulting firm of McKinsey & Company and the Boston Consulting Group. Mr. van Paasschen has been a director of the Company since September 2007.

Basic Compensation

Total Annual Compensation, USD Long-Term Incentive Plans, USD All Other, USD Fiscal Year Total, USD
3,700,000 -- 1,158,330 8,855,860

Options Compensation

  Quantity Market Value
Excercisable -- --
Unexercisable -- --
Excercised 200,000 9,795,140.00
Name Fiscal Year Total

Bruce Duncan

2,149,900

Frits van Paasschen

8,855,860

Vasant Prabhu

4,304,350

Sergio Rivera

--

Simon Turner

3,917,640

Jeffery Cava

--
As Of 30 Dec 2011
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