News – USA – Marriott CEO Arne Sorenson dies aged 62

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Marriott International Inc Chief Executive Arne Sorenson, who led the company through the acquisition of Starwood Hotels & Resorts Worldwide Inc Made the world’s largest hotel operator in 2016 died Monday He was 62 years old

The son of a Lutheran missionary who was born in Japan and raised in Minnesota, became the executive director of Marriott in 2012 and was the first outside the founding family to run the hotel company.In May 2019, he was diagnosed with Stage 2 pancreatic cancer, he was however still CEO

The $ 13 billion acquisition of Starwood created a colossus with 30 brands – including Ritz-Carlton, Courtyard, W Hotels, Westin and Sheraton – and offices in more than 110 countries. Marriott stood up to competing bidders like Hyatt Hotels Corp and China’s Anbang Insurance Group Co

Marriott coveted Starwood in part to gain more leverage over online travel agencies and convince them to make a minor cut when choosing a Marriott brand. Adding more brand options can also result in more customers directing to the Go to Marriott’s Website and Eliminate the Middlemen “We believe there is real benefit in size,” said Mr. Sorenson reported to the Wall Street Journal when the purchase was completed

Marriott announced Tuesday that Stephanie Linnartz, Group President for Consumer Operations, Technology and Emerging Business, and Tony Capuano, Group President for Global Development, Design and Operations Services, will share responsibility for overseeing day-to-day operations The Company’s two had taken over when Mr. Sorenson resigned earlier this month

Arne M Sorenson, Marriott International, Chief Executive Officer

News – USA – Marriott CEO Arne Sorenson dies at the age of 62
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Source: https://www.wsj.com/articles/marriott-international-says-president-ceo-arne-sorenson-died-11613483225