Actionable insights straight to your inbox

Equities logo

Marriott Names Tony Capuano as New Chief Executive Officer

Capuano, group president for global development and a 25-year Marriott veteran, replaces Arne Sorenson, who died last week while on treatment for pancreatic cancer.

Image: Tony Capuano. Source: Marriott International

(Reuters) – Marriott International Inc on Tuesday appointed Tony Capuano, group president for global development, as its chief executive officer, replacing Arne Sorenson, who died last week while on treatment for pancreatic cancer.

Capuano joined Marriott in 1995 and was in charge of the company’s U.S. and Canada lodging business.

The hotel chain also named Stephanie Linnartz, group president, consumer operations, as its president.

“Tony has a deep appreciation for Marriott’s thousands of associates who ultimately deliver on our customer and brand promise and I know he will be a superb steward of our culture,” Executive Chairman JW Marriott, Jr said in a statement.

Reporting by Shreyasee Raj; Editing by Shounak Dasgupta and Anil D’Silva.

_____

Source: Reuters

A weekly five-point roundup of critical events in the energy transition and the implications of climate change for business and finance.