Hilton Hotels Disposal Earns Chief Executive A £6m Windfall | independent.co.uk
Hilton Group's outgoing chief executive David Michels stands to make up to £6m from share options after the group finally clinched the long-awaited sale of its hotels arm to the US business Hilton Hotels for £3.3bn in cash yesterday. The deal reunites Hilton's US and international hotels businesses after 41 years and turns Hilton into a pure betting business.