Committee Composition

William J. Shaw retired as Vice Chairman of Marriott International, Inc. on March 31, 2011. In this position he was responsible for overseeing global finance and the owner and franchise service areas, as well as architecture and construction and information resources.

Marriott International is a leading worldwide hospitality company with over 3,500 lodging properties in the United States and 66 other countries and territories. The company operates and franchises hotels under the Marriott, JW Marriott, The Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Bulgari brand names; develops and operates vacation ownership resorts under the Marriott Vacation Club, The Ritz Carlton Destination Club and Grand Residences by Marriott brands; operates Marriott Executive Apartments; provides furnished corporate housing through its Marriott ExecuStay division; and operates conference centers. The company reported revenues of $13 billion for fiscal year 2008 and has approximately 146,000 employees.

Mr. Shaw joined Marriott from Arthur Andersen & Co. in 1974, was elected Corporate Controller in 1979, and a Corporate Vice President in 1982. In 1985 he assumed responsibility for the company's Tax Department and Risk Management and was promoted to Senior Vice President, Finance. He was elected Treasurer in October 1986. Mr. Shaw was appointed Chief Financial Officer and elected Executive Vice President in April 1988. He was named President of Marriott's Service Group in February 1992 and became President and Chief Operating Officer of Marriott International in March 1997. In May 2009 he was named Vice-Chairman of Marriott International.

Mr. Shaw holds a B.B.A. degree from the University of Notre Dame and an M.B.A. degree from Washington University in St. Louis. He is a Director Emeritus of the Board of Directors of Marriott International, and also serves on the Boards of Trustees of the University Of Notre Dame, the Washington Mutual Investors Fund, and the Board of Directors of the United Negro College Fund. Mr. Shaw and his wife, Diane, live in Potomac, Maryland. They have four daughters and a son.

Stephen P. Weisz is president and chief executive officer of Marriott Vacations Worldwide Corporation. Prior to joining the organization in 1996, he served as executive vice president of lodging brands for Marriott International and was responsible for developing growth and positioning strategies for the following brands: Marriott Hotels and Resorts; Renaissance; Courtyard; Fairfield Inn; Springhill Suites; Residence Inn; TownePlace Suites; and Marriott Conference Centers.

His career with Marriott spanned 39 years and included several key executive management positions: senior vice president of sales and marketing for Marriott Hotels and Resorts; regional vice president for the Mid-Atlantic region; vice president of revenue management; senior vice president of rooms operations and related services; and general manager for the Bethesda Marriott in Maryland. Mr. Weisz joined the company in 1972 as a front office trainee at the Key Bridge Marriott in Arlington, Va.

As a graduate of Cornell University (Ithaca, N.Y.) with a Bachelor of Science degree in hotel administration, he was also a Cornell faculty member and visiting lecturer for 13 years. He is currently a member of the Cornell Hotel Society (previously serving as a regional vice president).

In 2001, Mr. Weisz received an honorary doctoral degree in business administration in hospitality management from Johnson & Wales University (Providence, R.I.). He is a member of the board of directors and a trustee of the American Resort Development Association; and presently serving on the board of trustees for Children's Miracle Network, where he also is a past chairman of the Board of Governors. Additionally, Mr. Weisz formerly sat on the Advisory Board of Directors for the University of Central Florida Rosen School of Hospitality Management, and was a past board member of the Orlando/Orange County Convention and Visitors Bureau, Inc.

Mr. Weisz currently resides in Orlando, Fla.

C.E. Andrews has served as a director for Marriott Vacations Worldwide since April 2013. From June 2009 until February 2012, Mr. Andrews was the president of RSM McGladrey Business Services, Inc. Prior to that, Mr. Andrews served as the president of SLM Corporation (Sallie Mae). He joined Sallie Mae in 2003 as the executive vice president of accounting and risk management and held the title of chief financial officer from 2006 to 2007. Prior to joining Sallie Mae, Mr. Andrews spent approximately 30 years at Arthur Andersen. He served as managing partner for Arthur Andersen's mid-Atlantic region and was promoted to global managing partner for audit and advisory services in 2002. Mr. Andrews serves on the boards of WashingtonFirst Bankshares, Inc., Washington Mutual Investors Fund and NVR, Inc., the publicly traded parent company of home construction companies Ryan Homes, NVHomes and Fox Ridge Homes. He also serves on the boards of Junior Achievement and Inova Health Foundation. Within the last five years, Mr. Andrews was also a member of the board of directors of U-Store-It Trust (now CubeSmart) and Six Flags, Inc.

Raymond L. "Rip" Gellein, Jr., retired from Starwood Hotels and Resorts Worldwide in March of 2008 where he held the position of President, Global Development Group. In this position, Rip had overall management responsibility for the full range of Starwood's global real estate-related functions. The scope of his responsibilities encompassed Starwood's $8 Billion owned hotel portfolio, all of its development activities, including hotel, resort and residential development; its $1B vacation and fractional ownership business; property acquisitions and disposition; hotel management contracts; franchise pipeline expansion; capital planning and allocation; portfolio management; feasibility studies; and design and construction.

Professional Profile

Prior to his position as President, Global Development Group, Rip served as Chairman and CEO of Starwood Vacation Ownership, Inc., the vacation ownership division of Starwood Hotels & Resorts Worldwide, Inc., (1999-2006). In this capacity, he led the integration of the company's successful timeshare operations with the brands, resources and assets of Starwood. He was a Director of Starwood Vacation Ownership Inc. from 1999 to 2008.

Rip was formerly Chairman and Co-Chief Executive Officer of Vistana, Inc., a public vacation ownership company acquired by Starwood in 1999. He joined Vistana in 1980 and was instrumental in leading the company's development, the sale of the company in 1986, re-acquiring the assets of the Vistana entities from General Development Corporation in 1991 and launching a successful initial public offering of Vistana in 1997.

Prior to joining Vistana, Rip was a Vice President and Division Manager in real estate for the Continental Illinois National Bank and Trust Company of Chicago. (1974-1980)

He holds an MBA in Finance, Accounting and Marketing from Northwestern University's Kellogg School of Management (1974), as well as a Bachelor of Arts majoring in Psychology from Denison University (1969). Between college and graduate school, Rip taught mathematics and psychology as well as coached basketball, football and golf at two private secondary schools, the last two years at the Groton School in Groton, Massachusetts.

Rip currently serves as Chairman of the Board of Directors of Strategic Hotels and Resorts, Inc. as well as on the Board of the American Resort Development Association and The Mind and Life Institute. In the past he has served as a board member of the Florida Chapter of Junior Achievement and the Roy E Crummer Graduate School of Business at Rollins College.

Deborah Marriott Harrison, an honors graduate of Brigham Young University, has held several positions within Marriott since 1975, including accounting positions at Marriott Headquarters and operations positions at Key Bridge and Dallas Marriott hotels. She has been actively involved in serving the community through participation on various committees and boards, including but not limited to the Mayo Clinic Leadership Council for the District of Columbia and the boards of the Bullis School, the D.C. College Access Program, and the J. Willard and Alice S. Marriott Foundation.

Her extensive knowledge of the Company, its history and its mission, and her strong ties with the community bring valuable experience and insight to Marriott's Government Affairs initiatives. She has also served on the boards of several mental health organizations, including The National Institute of Mental Health Advisory Board, Depression and Related Affective Disorders Association, and the Center for the Advancement of Children's Mental Health in association with Columbia University.

Thomas J. Hutchison III is a senior executive with more than 40 years of experience focused in the lodging, hospitality, travel, golf, real estate development and financial services industries. He is a results-driven leader, strategic planner, effectual communicator and relationship builder with proven ability to position companies to meet growth objectives and strategic goals. He enjoys the challenge of dealing with corporate problems, as well as the restructuring and reorganizing of those corporations and/or the start of totally new operations. Having respect for the individual as a pivotal force in organizational excellence, as well as employing a very human process to manage growth, creative and innovative marketing, Mr. Hutchison creates a model for cultivating enduring relationships from which every corporate leader can learn. He knows personally many of CEO's in the Travel, Lodging & destination theme industries. He has a number of trusted political relationships in the DC area through various Board assignments.

Professional Profile

Mr. Hutchison is the principal founder of Legacy Hotel Advisors, LLC and Legacy Healthcare Properties, LLC. He currently serves as the chairman of both companies. In January 2000, he joined CNL Financial Group, Inc. – one of the nation's largest, privately held real estate investment and finance companies, where he held several key executive positions over an eight year period: CEO of CNL Hotels & Resorts, Inc., CEO of CNL Retirement Properties, Inc., CEO of CNL Income Properties, Inc., CEO of CNL Real Estate Services, Inc., and CEO of CNL Realty & Development, Inc. In 2000, CNL Retirement Properties, Inc. was a public, unlisted REIT with three staff members, and no properties. Under Mr. Hutchison's leadership, the Healthcare REIT acquired $3.8 billion in over 300 properties, and was sold for $5.3 billion to Health Care Properties, Inc. in October of 2006. CNL Hotels & Resorts, Inc., also a public, unlisted REIT started in 2000, began with $250 million in properties. When Mr. Hutchison became CEO, he turned it into one of the largest and most distinctive lodging companies in the country. In April of 2007, the company was purchased for $7.6 billion by Morgan Stanley.

From 1993 to 1999, he was chairman and chief executive officer of Atlantic Realty Service, Inc. and TJH Development Corporation. Additionally from 1993 through 1999, he has fulfilled a number of long-term consulting assignments, for large corporations including managing the turnaround of a large Sino-American joint venture in Nanjing, China in addition to other national & International assignments.

From 1990 to 1993, Mr. Hutchison was the court-appointed president and chief executive officer of General Development Corporation, a real estate community development company, where he assumed the day-to-day management of the $2.6 billion NYSE-listed company through the reorganization process. From 1986 to 1990, he was the chairman and chief executive officer of a number of personally owned real estate-related companies engaged in the master planning and land acquisition of forty residential, industrial and office development projects. From 1978 to 1986, Mr. Hutchison was the president and chief executive officer of Murdock Development Corporation and Murdock Investment Corporation. In this capacity, he managed an average of $350 million of new development per year for over nine years, and the turnaround, start-up and growth of various other Murdock owned operating companies in the service industries though innovative marketing – both nationally and internationally.

Community & Industry Leadership

Mr. Hutchison recently published a chapter in Donald Trump's book, The Best Real Estate Advice I Ever Received and lead writer on Authentic Leadership in Goals for Successful CEO's.

Mr. Hutchison is currently a Director for KSL Capital Partners LLC, ClubCorp, Inc., US Chamber of Commerce, Hersha Hospitality Trust, Vision360, Trinity Forum, Trinity Forum Europe and the Knox Theological Seminary. He is also a member of The Real Estate Roundtable, Leadership Council for Communities in Schools, and the Advisory Council of the Erickson School of Aging Studies. Additionally, he serves as a Senior Advisor to various service industry public companies. He is a former Director of ING Direct, Metro Bank, Maryland Bank Corporation, Cannon Mills, Burris Foods, Inc., Atlantic Gulf Communities Corporation, Zapata Corporation, General Development Corporation, Boys and Girls Club of Central Florida, CNL Retirement Properties, Inc. and CNL Hotels & Resorts, Inc.

Education: Mr. Hutchison was educated at Purdue University and the University of Maryland Business School.

Melquiades R. (Mel) Martinez is presently serving as Chairman of Florida, Mexico, Central America and the Caribbean of JPMorgan Chase & Co.. He is the firm's senior executive in Florida and the region, representing the firm at the most senior levels to clients – from businesses to large corporations to non-profits and governments. He has been a business and civic leader and a role model in Florida for decades and has served the people well at both the local and national level.

Professional Profile

Mr. Martinez is a former United States Senator from Florida having served from January 2005 to September 2009. His election made him the first Cuban-American to serve in the U.S. Senate. He served as mayor of Orange County, Florida from November 1998 to January 2001. Martínez served as the 12th Secretary of Housing and Urban Development under President George W. Bush from January 2001 to January 2004. He also served as Chairman of the Republican Party from November 2006 until October 19, 2007 and was the first Latino to serve as chairman of a major party.

His past work experience spans over 38 years; i.e. Partner, DLA Piper, LLC, 2009 – 2010; Of Counsel, Akerman Senterfitt, 2004; Partner, Martinez & Dalton, 1989 – 1998; Partner, Connor & Martinez, 1986 – 1989; Partner, Wooten, Honeywell, Kest & Martinez, 1976 – 1986; Billings, Frederick, Wooten & Honeywell, 1973 – 1976.

Community and Industry Leadership

Mr. Martinez current directorships are as follows: Habitat International, 2011; Central Florida Commission on Homelessness, 2011; Progress Energy, 2010 to present; Terwilliger Center for Workforce Housing, Urban Land Institute, 2010 to present.

He served on the following Federal Commissions/Councils: Chairman, United States-Spain Council, 2006 to 2009; Co-Chairman, Presidential Commission for Assistance to a Free Cuba, 2003; Chairman, U.S. Interagency Council on Homelessness, 2002; President's Advisory Commission on Educational Excellence for Hispanic Americans, 2002

He has been active in the following civic groups: Order of Malta, Hispanic Leadership Advisory Board, and the Central Florida Commission on Homelessness.

Education and Academic Honors

Mr. Martinez graduated from Florida State University in 1969 with a B.A. degree and in 1973 with a J.D. degree. He also received a number of honorary degrees as follows: Stetson University College of Law, Honorary Degree, 2003; Gettysburg College, Honorary Degree, 2001; Barry University, Honorary Degree, 2001; and Nova University, Honorary Degree, 2007.

Awards

He has received a number of prestigious awards including: Department of the Navy's Distinguished Public Service Award, 2009; Order of Malta Tuitio Fidei award, 2006; Florida State University Grads Made Good Award, 2003; Florida State University College of Law Alumni Association Distinguished Alumnus Award, 2003; Florida State University Circle of Gold Award, 2010; John Carroll Society Medal, 2003; Legatus Ambassador of the Year, 2001; Orlando Chamber of Commerce John Young Award, 2001.

William W. McCarten is Chairman of DiamondRock Hospitality Company, a Lodging Real Estate Investment Trust that was founded by Mr. McCarten and several former Marriott International executives in 2004. DiamondRock (DRH) is listed on the NYSE and owns 23 high quality hotels with assets exceeding $2.5 billion. Mr. McCarten served as Chief Executive Officer of DiamondRock from its inception through September 1, 2008.

Professional Profile

Mr. McCarten joined Marriott International, Inc. in 1979 and over the next twenty-five years held a number of executive positions with Marriott and related entities. He served as President of Marriott International's Services Group from 2001 to 2003 where he led its senior living and distribution businesses. Previous Marriott experience included a number of senior executive finance, development and operating roles, including Senior Vice President, Finance and Chief Accounting Officer.

From 1992 to 2000, Mr. McCarten served as the President and Chief Executive Officer of HMSHost Corporation, the leading developer and operator of restaurant and retail concessions in travel and entertainment venues. He led the transformation of this industry segment through the development of leading restaurant and retail brands in these venues. HMS Host Corporation was spun out of Host Marriott Corporation in late 1995 and was listed on the NYSE until its merger with Autogrill, SpA in 1999.

Prior to joining Marriott, Mr. McCarten began his career as a certified public accountant with Arthur Andersen & Co. in 1970. Mr. McCarten received his B.S. in Accounting from the McIntire School of Commerce at the University of Virginia in 1970, and he served on the Advisory Board of the McIntire School from 1981 to 1996. He also serves on the National Selection Committee of the Jefferson Scholars Foundation at the University of Virginia.

Mr. McCarten has received several prestigious industry awards including Nations Restaurant News' Golden Chain Award (1999), Nations Restaurant News' Operator of the Year Award (1999), and HVS' Lodging Leadership CEO of the Year Award (2007).

Dianna F. Morgan has served as a director of Marriott Vacations Worldwide since April 2013. She previously served as senior vice president of Public Affairs and senior vice president of Human Resources for the Walt Disney World Company. During her tenure at the Walt Disney World Company, she oversaw the Disney Institute, a recognized leader in experiential training, leadership development, benchmarking and cultural change for business professionals around the world. She is the past Chair of the board of trustees for the University of Florida. She currently serves on the board of directors of CNL Bancshares, Inc. and Chesapeake Utilities Corporation and the board of trustees for Hersha Hospitality Trust, a publicly traded REIT. Ms. Morgan is also the Chair of the board of directors of Orlando Health and past Chair of the national board for the Children's Miracle Network. Ms. Morgan previously served on the board of directors of CNL Hotels & Resorts, Inc.