Marriott Announces Board Changes
COO Sorenson Joins as Director
January 2011 - Marriott International, Inc. (NYSE: MAR) 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.
In addition, W. Mitt Romney has resigned from the board effective January 12. Governor Romney served as a director from 1993 to 2002 and rejoined the board in January 2009. Following his resignation, the board voted to reduce its membership from 11 to 10 directors.
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."
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
