Arne Sorenson Biography Arne Sorenson Wiki
Arne Sorenson, who made Marriott International the world’s largest hotel chain after acquiring Starwood Hotels & Resorts for $ 13 billion in 2016, has died. He was 62 and was being treated for pancreatic cancer, the company said on Tuesday.
Marriott International president and CEO Arne Sorenson has died following a nearly two-year battle with pancreatic cancer, the hotel chain announces https://t.co/9dAylIdmmP
— CNN Breaking News (@cnnbrk) February 16, 2021
Arne Sorenson third CEO in Marriott history
Sorenson, the third CEO in Marriott history and the first outside of the founding family, died Monday.
Sorenson has expanded Marriott’s global presence to dozens of brands, including W Hotels, Ritz-Carlton, Courtyard, and Sheraton.
Last year, he had to run the business during the Covid pandemic which crippled most international and domestic travel.
“Arne was an exceptional manager – but he was also an exceptional person,” said J.W. Marriott Jr., Chairman and Chairman of the Board. “Arne loved every aspect of this business and appreciated the time we spent visiting our hotels and meeting employees around the world. He had an amazing ability to predict where the hospitality industry was heading and to position Marriott for growth. But the roles he enjoyed the most were that of husband, father, brother and friend. On behalf of the Board of Directors and hundreds of thousands of Marriott employees around the world, we extend our sincere condolences to Arne’s wife and four children. We share your grief and will be sadly missed by Arne. ”
The hotel operator announced in May 2019 that Sorenson had been diagnosed with pancreatic cancer. Earlier this month, it was announced that the CEO would be temporarily reducing his work schedule to accommodate more demanding treatment.
Earlier this year, Marriott added two executives: Stephanie Linnartz, Group President, Consumer Operations, Technology and Emerging Business; and Tony Capuano, group president for global development, design and operations services to oversee day-to-day operations and represent Sorenson.
The company announced on Tuesday that Linnartz and Capuano will continue to do so until the board appoints a new CEO, which is expected to happen within two weeks.
Marriott stock rose less than 1% on the Tuesday before trading, after falling around 12% in the past 12 months. The hotel operator has a market capitalization of nearly $ 42 billion.