Who Is Marissa Mayer, Hilton’s New 2025 Board Member?
MARISSA MAYER, FORMER Yahoo! president and CEO, has been nominated to Hilton Worldwide Holdings' board. If elected, she will succeed longtime director Judith McHale, who plans to retire at this year’s annual meeting in May.
She is currently CEO of Sunshine Products, a startup she co-founded in 2018 that develops consumer apps for automating daily tasks, Hilton said in a statement.
“Hilton’s board of directors has long benefitted from a seasoned team with the right background and experiences to help continue driving the company forward,” said Jon Gray, Hilton’s chairman of the board of directors. “We look forward to welcoming Marissa Mayer given her extensive consumer and technology expertise in a time when new technologies are presenting a wide array of opportunities for companies to grow.”
Gray said Marissa’s track record as a technology innovator, entrepreneur and Fortune 500 CEO makes her well-suited to support Hilton in its next chapter of growth.
Before Yahoo, Mayer, a software engineer by training, was a top Google executive leading Google Search and Google Maps, the statement said. She led Yahoo! from 2012 to 2017, overseeing acquisitions and a corporate downsizing before stepping down after Verizon's acquisition of its core internet business. She also serves on the boards of AT&T, Walmart and Nextdoor Holdings.
McHale, 77, is a former Discovery Communications CEO and served as under secretary of state for public diplomacy and public affairs from 2009 to 2011 under President Obama, the statement said. A Hilton board member since 2013, she has chaired its compensation committee since 2018.
Gray called McHale an exemplary board member during her nearly 12 years with Hilton.
“She has been a steady voice and strong leader on the Audit and Compensation committees, and we are grateful for her many contributions,” Gray said.
Hilton, with more than 8,400 properties in 140 countries, reported $505 million in fourth-quarter 2024 net income and $1.54 billion for the year, with systemwide comparable RevPAR up 3.5 percent on higher occupancy and ADR.