Hilton Worldwide Holdings Inc.
12/13/2024 | Press release | Distributed by Public on 12/13/2024 15:02
Management Change/Compensation Form 8 K
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 10, 2024, Michael W. Duffy notified Hilton Worldwide Holdings Inc. (the "Company") of his resignation as Senior Vice President, Chief Accounting and Risk Officer, effective February 7, 2025, to pursue an opportunity outside of the Company. Mr. Duffy's departure is not due to any disagreement on any matter relating to the Company's financial statements, internal control over financial reporting, operations, policies, or practices. Mr. Duffy will continue to serve as the Company's principal accounting officer through the date of his departure.
Upon Mr. Duffy's departure, Misha Moylan, 40, will assume the responsibilities of the Company's principal accounting officer in the role of Senior Vice President, Chief Accounting Officer. Mr. Moylan has been with the Company since 2010 and is currently Senior Vice President, Internal Audit and Enterprise Risk Management. He has served as head of Internal Audit since September 2019. Prior to that, he served in a variety of finance and accounting roles. There is no arrangement or understanding between Mr. Moylan and any other person pursuant to which Mr. Moylan was selected for this role, nor does he have any direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. Mr. Moylan has no family relationships with any of the Company's current directors or executive officers.