Marriott Announces Board Changes
COO Sorenson Joins as Director
Marriott International, Inc. (NYSE: MAR) today announced several moves on its board of directors.
William J. Shaw, Marriott’s vice chairman of the company, has resigned from the board effective upon adjournment of the board’s meeting February 11, in conjunction with his retirement from the company, which is effective March 31. Arne M. Sorenson, Marriott’s president and chief operating officer, will join the board upon Mr. Shaw’s resignation. [Pictured: Arne Sorenson.]
J.W. Marriott, Jr., chairman of the board and chief executive officer, said, “I have deep gratitude and tremendous admiration for both Mitt Romney and Bill Shaw. Both have served our company at the highest level through their board membership and their contributions have been invaluable. The company’s management and the entire board wish them all the best in their future endeavors.
“At the same time, I am delighted that Arne Sorenson will join our board. As demonstrated for the past 14 years including the last year and a half as president and chief operating officer of the company, Arne brings keen intelligence and judgment as well as deep financial and operations expertise to this new role and I look forward to his counsel and insights as our company continues its global growth.”
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