The board elected J.W. Marriott, Jr., currently chairman of the board
and chief executive officer, as executive chairman and chairman of the
board, and named Arne Sorenson, currently president and
chief operating officer, as president and chief executive officer. He
will be the third CEO in the company's history. The board also
appointed Robert McCarthy, currently group president for
the company, as Marriott International's chief operations officer. All
three appointments are effective March 31, 2012.
Making the announcement today, Mr. Marriott said, "As we approach the 85th birthday of our company in 2012 and I proudly celebrate my 60th year of service, I decided to recommend to the board that Arne Sorenson take over the CEO responsibilities. I have been so fortunate to have worked with some of the most talented people in the world over the past six decades. It's amazing to me what we have accomplished over the years together, from a small root beer stand in Washington, D.C. to a global lodging powerhouse with operations in more than 70 countries.
Making the announcement today, Mr. Marriott said, "As we approach the 85th birthday of our company in 2012 and I proudly celebrate my 60th year of service, I decided to recommend to the board that Arne Sorenson take over the CEO responsibilities. I have been so fortunate to have worked with some of the most talented people in the world over the past six decades. It's amazing to me what we have accomplished over the years together, from a small root beer stand in Washington, D.C. to a global lodging powerhouse with operations in more than 70 countries.
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