Marriott Vacations Worldwide Corporation has promoted Jason Marino to EVP/CFO effective Sept. 30. He will succeed Tony Terry, who announced his intent to retire from the company earlier this year.
With nearly 10 years at the company, Marino currently serves as SVP, strategy, financial planning & analysis and operational finance – vacation ownership, leading a global team responsible for enterprise-wide finance and business functions, including strategic planning, M&A, budgeting and forecasting, capital structure allocation and financing activities. He also leads the teams providing operational financial support for the vacation ownership segment, including sales and marketing, development and inventory and revenue management. In his new role, he will report directly to John Geller, president/CEO.
“Jason has been an integral part of our extended leadership team for many years and his promotion to this executive role is a natural fit given his business acumen, industry experience and ability to identify strategic investment opportunities that deliver value to our stakeholders,” said Geller. “I am pleased to see Jason expand his responsibilities within our organization and I know that his promotion will only further power the future growth of the company.”
Marino joined the company as VP, corporate finance in 2014, where he helped drive the creation and execution of the capital-efficient inventory strategy, as well as the $4-billion acquisition of ILG in 2018, including subsequent integration and transformation programs. He also led the company’s acquisition of Welk Resorts in 2021.
“I am excited and honored to step into this role for Marriott Vacations Worldwide,” said Marino. “I look forward to partnering with our dynamic leadership team to execute our strategic vision of delivering exceptional vacation experiences, tools and products for all our owners, members and guests.”
Prior to joining the company, Marino served as managing director and head of business development and corporate finance at Cantor Commercial Real Estate, as well as director of real estate investment banking at Credit Suisse Securities.
