A week after the passing of former president and CEO Arne Sorenson, Marriott International has announced his two individual replacements.
Anthony ‘Tony’ Capuano has been appointed chief executive officer and has joined the company’s board of directors, effective immediately. He was previously group president, global development, design and operations services. Stephanie Linnartz, previously group president, consumer operations, technology and emerging businesses, has been appointed president, effective immediately.
“Tony has played a critical role in Marriott’s growth over the last decade,” said J.W. “Bill” Marriott Jr., executive chairman and chairman of the board, Marriott International. “He will be a terrific leader as we continue to advance our growth strategy while also navigating the market dynamics of the COVID-19 pandemic… Together with Stephanie in the role of president, and the rest of our exceptional leadership team, Marriott could not be in better hands.”
“I am honored to be appointed to take the helm of Marriott, but it is a bittersweet moment,” said Capuano. “Arne was a mentor, a champion, and a friend to each member of his close-knit leadership team. It is because of Arne’s efforts that we are prepared to move forward with this transition. Together, we will advance the strategy we have in place, which is laser-focused on recovery, expansion, providing opportunities for our associates, maintaining constructive relationships with our owners and franchisees, delivering safe and innovative experiences for our guests and customers, and building value for our shareholders.”
“Every member of the leadership team feels a profound sense of loss at Arne’s passing. He was not just a friend and a leader for us, he was a guidepost for the hospitality industry,” said Linnartz. “The best way we can honor Arne’s memory is to continue to move the company forward. It is my privilege to take on the role of president and to work with Tony and the rest of the executive team to ensure a seamless transition and to successfully execute our strategy.”