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Arne Morris Sorenson (October 13, 1958 – February 15, 2021) was an American lawyer and hotel executive who served as the president and chief executive officer of Marriott International from 2012 until his death in 2021. He was a graduate of Luther College in Iowa, and the University of Minnesota Law School.
Since the 1990s, CEO compensation in the U.S. has outpaced corporate profits, economic growth and the average compensation of all workers. Between 1980 and 2004, Mutual Fund founder John Bogle estimates total CEO compensation grew 8.5 per cent/year compared to corporate profit growth of 2.9 per cent/year and per capita income growth of 3.1 per cent.
The Marriott Corporation was a hospitality company that operated from 1927 until 1993. It was founded by J. Willard Marriott and Frank J. Kimball as Hot Shoppes, Inc. In 1957, it opened its first hotel in Arlington County , Virginia , the Marriott Motor Hotel (demolished 1990).
With recession fears mounting, Marriott CEO Anthony Capuano is striking an upbeat tone on future demand. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways ...
Marriott joined Marriott Corporation in 1956. ... chief executive officer in 1972, and chairman of the board in 1985. He introduced the practice of ...
Linnartz had spent almost her entire career at Marriott, where she climbed to become No. 2 and the most senior woman at the world’s largest hotel chain.
The “Elevate by Marriott International” program will host 500 to 1,000 workers annually. Breland says many aspects were already in place, but not in a formal way.
The CEO Pay Ratio is a wage ratio. Pursuant to Section 953(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act , publicly traded companies are required to disclose (1) the median total annual compensation of all employees other than the CEO and (2) the ratio of the CEO's annual total compensation to that of the median employee ...