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AI brief of an SEC Form 8-K · Hilton Grand Vacations (HGV)

Hilton Grand Vacations names Mike Riley sales chief; Dustin Tonkin to leave April 1, 2027

Neutral Impact 3 of 5 leadership

Hilton Grand Vacations said Executive Vice President and Chief Sales & Marketing Officer Dustin Tonkin will leave the company effective April 1, 2027, under a separation agreement. Mike Riley, a company veteran since 2012, was promoted to the same role effective October 29, 2026. The changes concern the leadership of the company's sales and marketing function, and the filing does not include financial results or guidance.

Key points

  • Dustin Tonkin, EVP and Chief Sales & Marketing Officer, separates from the company effective April 1, 2027.
  • Separation benefits include cash equal to two times his 2026 base salary and target short-term bonus, plus COBRA premiums for up to 18 months, subject to a release and restrictive covenants.
  • Mike Riley was promoted to EVP and Chief Sales & Marketing Officer effective October 29, 2026, after more than 25 years of industry experience, including 15 years with the company.
  • Tonkin's stock option exercise period was extended to 24 months from the separation date.

The filing

CompanyHilton Grand Vacations (HGV)
Form8-K, current report
Filed with the SECOct 29, 2026, 7:29 AM ET
Accession number0001140361-26-041101

Items reported: 5.02 Director / Officer Change8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.