Last updated: 7 June 2024 at 4:06pm EST

William McCarten Net Worth




The estimated Net Worth of William W Mccarten is at least $6.98 Million dollars as of 24 November 2014. Mr. Mccarten owns over 113,293 units of Diamondrock Hospitality Co stock worth over $3,770,305 and over the last 19 years he sold DRH stock worth over $2,932,278. In addition, he makes $277,998 as Independent Chairman of the Board of Director at Diamondrock Hospitality Co.

Mr. McCarten DRH stock SEC Form 4 insiders trading

William has made over 9 trades of the Diamondrock Hospitality Co stock since 2010, according to the Form 4 filled with the SEC. Most recently he exercised 113,293 units of DRH stock worth $1,426,359 on 24 November 2014.

The largest trade he's ever made was exercising 113,293 units of Diamondrock Hospitality Co stock on 24 November 2014 worth over $1,426,359. On average, William trades about 3,071 units every 13 days since 2005. As of 24 November 2014 he still owns at least 453,707 units of Diamondrock Hospitality Co stock.

You can see the complete history of Mr. Mccarten stock trades at the bottom of the page.





William McCarten biography

William W. McCarten CPA, is Independent Chairman of the Board of Director of the company. Mr. McCarten has served as our Chairman of the Board of Directors and has been a member of our Board of Directors since our formation in 2004. Mr. McCarten was also our Chief Executive Officer from our formation in 2004 until his retirement in September 2008. He also serves on the Board of Directors of Cracker Barrel Old Country Store (Nasdaq: CBRL) and Marriott Vacations Worldwide Corporation (NYSE: VAC). Mr. McCarten’s prior work experience includes roles with the Marriott Corporation, or Marriott International, Inc. (Nasdaq: MAR), and its related entities for over 25 years until January 2004. Among his many positions during those 25 years, Mr. McCarten served as the Chief Executive Officer of HMSHost Corporation, formerly Host Marriott Services Corporation, a publicly-held developer and operator of restaurant and retail concessions in travel and entertainment venues listed on the NYSE from 1995 to 2000. In addition, he served as non-executive Chairman of HMSHost Corporation from 2000 to 2001. Our Board of Directors has determined that Mr. McCarten’s qualifications to serve on our Board of Directors include his extensive experience in the lodging industry with over 25 years of experience with the Marriott organization, a leading worldwide hotel brand, franchise and management company. Mr. McCarten has developed a broad network of hotel industry contacts and relationships, including relationships with hotel owners, operators and other key industry participants. Prior to joining Marriott, Mr. McCarten was an accountant with Arthur Andersen & Co. from 1970 to 1979. Mr. McCarten received his B.S. in Accounting from the McIntire School of Commerce at the University of Virginia in 1970. He served on the Advisory Board of the McIntire School from 1981 to 1996.

What is the salary of William McCarten?

As the Independent Chairman of the Board of Director of Diamondrock Hospitality Co, the total compensation of William McCarten at Diamondrock Hospitality Co is $277,998. There are 11 executives at Diamondrock Hospitality Co getting paid more, with Mark Brugger having the highest compensation of $4,855,090.



How old is William McCarten?

William McCarten is 71, he's been the Independent Chairman of the Board of Director of Diamondrock Hospitality Co since 2014. There are 3 older and 15 younger executives at Diamondrock Hospitality Co. The oldest executive at Diamondrock Hospitality Co. is Gilbert Ray, 75, who is the Independent Director.

What's William McCarten's mailing address?

William's mailing address filed with the SEC is 7812 PALM PARKWAY, , ORLANDO, FL, 32836.

Insiders trading at Diamondrock Hospitality Co

Over the last 19 years, insiders at Diamondrock Hospitality Co have traded over $9,717,379 worth of Diamondrock Hospitality Co stock and bought 1,443,571 units worth $15,123,646 . The most active insiders traders include William Joseph Shaw, International Inc /Md/Marri..., and Mark W Brugger. On average, Diamondrock Hospitality Co executives and independent directors trade stock every 143 days with the average trade being worth of $504,741. The most recent stock trade was executed by Mark W Brugger on 2 February 2023, trading 24,310 units of DRH stock currently worth $243,100.



What does Diamondrock Hospitality Co do?

diamondrock, a lodging-focused maryland corp. operates as a real estate investment trust (reit), owns a portfolio of 26 premium hotels & resorts containing ~9,500 rooms, concentrated in key gateway cities and destination resorts throughout north america and the u.s.v.i. our vision is to be the premier allocator of capital in the lodging industry and our goal is to deliver above-average shareholder returns across the full lodging cycle. we strive to differentiate ourselves from peers by executing on three strategic principles: - maintaining a balanced portfolio of high-quality assets with superior growth prospects in markets that have high barriers to entry. - employing disciplined and innovative approaches to asset management that drive meaningful upside to underlying performance. - preserving a clean, conservative balance sheet that supports strategic and financial flexibility, dividends and shareholder returns. as an owner, as opposed to an operator, we receive all operating profits



What does Diamondrock Hospitality Co's logo look like?

Diamondrock Hospitality Co. logo

Complete history of Mr. Mccarten stock trades at Cracker Barrel Old Country Store Inc, Diamondrock Hospitality Co, and Marriott Vacations Worldwide Corp

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
24 Nov 2014 William W Mccarten
Director
Option 113,293 $12.59 $1,426,359
24 Nov 2014
453,707
20 Feb 2014 William W Mccarten
Director
Sale 46,101 $12.25 $564,737
20 Feb 2014
333,712
23 Dec 2013 William W Mccarten
Director
Sale 57,647 $11.75 $677,352
23 Dec 2013
379,772
18 Dec 2013 William W Mccarten
Director
Sale 14,741 $11.29 $166,426
18 Dec 2013
437,419
1 May 2012 William W Mccarten
Director
Sale 1,545 $11.00 $16,995
1 May 2012
438,926
20 Oct 2010 William W Mccarten
Director
Sale 9,136 $11.00 $100,496
20 Oct 2010
460,450
13 Oct 2010 William W Mccarten
Director
Sale 40,000 $10.51 $420,400
13 Oct 2010
469,586
20 Sep 2010 William W Mccarten
Director
Sale 40,000 $10.00 $400,000
20 Sep 2010
509,586
3 Mar 2010 William W Mccarten
Director
Sale 70,587 $8.30 $585,872
3 Mar 2010
604,422


Diamondrock Hospitality Co executives and stock owners

Diamondrock Hospitality Co executives and other stock owners filed with the SEC include: