Home Business Arne Sorenson, Marriott's Chief Govt, dies at 62

Arne Sorenson, Marriott’s Chief Govt, dies at 62

Arne Sorenson, president and CEO of Marriott Worldwide, died Monday on the age of 62, the corporate mentioned Tuesday. I had quick therapy for pancreatic most cancers.

Sorenson was the primary particular person outdoors the Marriott household to guide the corporate when he turned government director in 2012 and was solely the third to carry that title because the founding of Marriott in 1927.

Throughout his tenure on the helm, he led a worldwide enlargement, together with the acquisition of $ 13 billion. Starwood Accommodations & Resorts in 2015. The acquisition made Marriott the biggest resort operator on the planet, with greater than 7,500 properties in 132 nations and territories and 30 manufacturers, together with Courtyard, Ritz-Carlton, Westin, W Accommodations and Sheraton . The merger additionally created the biggest buyer loyalty program within the journey business, Marriott Bonvoy, with greater than 140 million members.

“Arne was an distinctive government.” However greater than that, he was an distinctive human being, ”mentioned in an announcement JW Marriott Jr., the corporate’s chief government.“ Arne cherished each facet of this enterprise and cherished the time he spent touring ours. resort and to fulfill companions all around the world. “

“He had an odd means to anticipate the place the hospitality business was headed and place Marriott for progress. However the roles he cherished essentially the most have been as husband, father, brother and good friend,” she mentioned. added Mr. Marriott.

The coronavirus pandemic, which has positioned a devastating burden on the hospitality business, has lowered Marriott revenues. The decline in bookings has had a extra extreme affect on the corporate’s monetary well being than the 2008 financial disaster and the September 11 assaults, Mr Sorenson mentioned final 12 months, and he pressured the chain to close down motels and minimize by hundreds of staff. “I’ve by no means had a more durable time than this,” Mr. Sorenson mentioned in an announcement firm video during which he introduced his March layoffs.

In Might 2019, the resort chain introduced that Mr. Sorenson had most cancers, and earlier this month he mentioned he would cut back his schedule resulting from extra demanding therapies.

When Mr. Sorenson retired from full-time administration, the corporate appointed two Marriott executives, Stephanie Linnartz and Tony Capuano, to briefly fill the position. The corporate expects to nominate a brand new chief government in two weeks.

Mr. Sorenson joined Marriott in 1996 and served in a number of roles earlier than turning into president and chief working officer. He was elected to the Marriott board in 2011.

Mr. Sorenson was outspoken about environmental sustainability, human rights and variety and inclusion. He was on the boards of Microsoft and the Particular Olympics and was a trustee of the Brookings Establishment.

Born on October 13, 1958 in Tokyo, Japan, Mr. Sorenson grew up in St. Paul, Minn. He graduated from Luther School in Decorah, Iowa, and from the College of Minnesota Regulation Faculty. Previous to becoming a member of Marriott, he was a colleague at Latham & Watkins legislation agency in Washington.

Sorenson is survived by his spouse, Ruth, and 4 kids.

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