Marriott Nominates Steven S. Reinemund to Board of Directors
WASHINGTON, DC, March 14, 2007. The board of directors of Marriott International, Inc. (NYSE:MAR) has nominated Steven S Reinemund to the Marriott board, effective April 27, 2007, pending approval by the company's shareholders at Marriott International's annual meeting to be held that day.
Mr. Reinemund is currently executive chairman of the board of PepsiCo, Inc., a publicly held global snack and beverage company. He is retiring from that position effective May 2, 2007.
J.W. Marriott, Jr., Marriott International chairman and chief executive officer, said, "Steve Reinemund will bring to Marriott tremendous expertise in expanding a major global brand to worldwide preeminence, both as chief executive and as a hands-on top operating officer. We are delighted that he has agreed to join our board."
Mr. Reinemund served in a number of positions with PepsiCo since beginning his career there in 1984, including chairman and chief executive officer from May 2001 through September 2006 and president and chief operating officer from September 1999 until May 2001. Mr. Reinemund was elected a director of PepsiCo in 1996. He is also a director of Johnson & Johnson, a public company engaged in the manufacture and sale of healthcare products. Mr. Reinemund is chairman of the National Minority Supplier Development Council and a director of the Unites States Naval Academy Foundation.
Upon approval by Marriott International shareholders, Mr. Reinemund will become the company's eleventh director. He has not yet been assigned to board committees.
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 
