
J.W. “Bill” Marriott Jr. will be stepping down as CEO of Marriott International Inc., Bethesda, Maryland. Arne Sorenson, currently the company’s president and COO., will replace him.
While Marriott will soon be turning 80 years old, he is nonetheless not retiring. Rather, he will continue working for the company as executive chairman and chairman of the board and he is planning on keeping a regular work schedule. The nomination will become effective on 31 March 2012.While Marriott will soon be turning 80 years old, he is nonetheless not retiring. Rather, he will continue working for the company as executive chairman and chairman of the board and he is planning on keeping a regular work schedule. The nomination will become effective on 31 March 2012.