Marriott Internationals (NASDAQ: MAR) Board of Administrators announced now that Anthony Tony Capuano has been appointed Main Executive Officer and has joined the companys Board of Administrators, helpful immediately. He was formerly Team President, World-wide Enhancement, Style and Functions Providers. The Board of Directors also announced that Stephanie Linnartz, previously Team President, Buyer Functions, Technological know-how and Emerging Businesses, has been appointed President, helpful promptly.
Marriott International’s (NASDAQ: MAR) Board of Directors declared currently that Anthony “Tony” Capuano has been appointed Chief Govt Officer and has joined the company’s Board of Directors, helpful promptly. He was formerly Team President, World-wide Improvement, Structure and Operations Solutions. The Board of Directors also announced that Stephanie Linnartz, earlier Team President, Consumer Functions, Know-how and Emerging Businesses, has been appointed President, powerful immediately. Mr. Capuano’s and Ms. Linnartz’s appointments stick to the unpredicted passing of Marriott President and CEO Arne Sorenson on February 15, 2021.
“Tony has played a essential position in Marriott’s progress in excess of the past ten years,” mentioned J.W. “Bill” Marriott, Jr., Government Chairman and Chairman of the Board, Marriott Intercontinental. “He will be a terrific leader as we continue on to advance our growth tactic though also navigating the sector dynamics of the COVID-19 pandemic. He is effective thoughtfully and pragmatically with our owner and franchisee community and has been steadfast in making certain Marriott provides operational excellence and elevated client experiences at our qualities. Tony has a deep appreciation for Marriott’s 1000’s of associates who in the long run produce on our customer and manufacturer promise and I know he will be a superb steward of our lifestyle. With each other with Stephanie in the function of President, and the rest of our outstanding management staff, Marriott could not be in much better arms,” Mr. Marriott said.
“I am honored to be appointed to acquire the helm of Marriott, but it is a bittersweet moment,” claimed Mr. Capuano. “Arne was a mentor, a champion and a pal to just about every member of his shut-knit leadership crew. It is because of Arne’s initiatives that we are organized to shift forward with this transition. Jointly, we will advance the system we have in position, which is laser-focused on recovery, expansion, offering chances for our associates, maintaining constructive associations with our entrepreneurs and franchisees, delivering risk-free and impressive experiences for our attendees and prospects, and constructing value for our shareholders.”
Prior to this appointment, Mr. Capuano, 55, was Group President, World-wide Advancement, Layout and Operations Products and services. In this job, he was accountable for main world wide advancement and style initiatives and overseeing the company’s Global Functions willpower. Throughout Mr. Capuano’s tenure major world growth, the company grew its footprint from just over 3,200 attributes in early 2009 to about 7,600 attributes by year-close 2020. In addition, Mr. Capuano has overseen the great expansion and globalization of Marriott’s growth pipeline to 498,000 rooms as of December 31, 2020, with additional than half of the pipeline representing tasks outside the house of the U.S. During the COVID-19 pandemic, Mr. Capuano has led Marriott’s perform on its Commitment to Clear initiative, which was created to enrich Marriott’s by now sizeable cleaning protocols to offer added peace of brain for tourists.
Mr. Capuano began his Marriott occupation in 1995 as component of the Industry Scheduling and Feasibility group. Involving 1997 and 2005, he led Marriott’s total-support growth initiatives in the Western U.S. & Canada. From 2005 to 2008, Mr. Capuano served as Senior Vice President of comprehensive-service progress for North The usa. In 2008, his responsibilities expanded to include things like all of U.S. & Canada and the Caribbean and Latin The united states, and he turned Govt Vice President and International Chief Development Officer in 2009. Mr. Capuano started his specialist job in Laventhol and Horwath’s Boston-dependent Leisure Time Advisory Group. He then joined Kenneth Leventhal and Company’s hospitality consulting team in Los Angeles. Mr. Capuano gained his bachelor’s degree in Hotel Administration from Cornell University. He is an lively member of the Cornell Lodge Modern society and a member of The Cornell School of Resort Administration Dean’s Advisory Board. Mr. Capuano is also a member of the American Resort and Lodging Association’s Business Genuine Estate Fiscal Advisory Council.
Stephanie Linnartz Usually takes on President Purpose
As President, Ms. Linnartz will be responsible for developing and executing all aspects of the company’s world wide consumer system, like brand, advertising, profits, earnings administration, consumer engagement, electronic, information technologies, emerging corporations and loyalty methods. In addition, Ms. Linnartz will oversee Marriott’s world progress group, which is liable for the strategic growth of the company’s 30 lodging models, as nicely as the world wide layout and operations solutions capabilities. Ms. Linnartz will also spearhead the company’s progress on difficulties such as the intersection of technologies and hospitality, the continued growth of the Marriott Bonvoy loyalty system, the excellence of our brand name portfolio, and environmental sustainability.
“Stephanie has a management keep track of file and clear vision for how our main lodging business, travel system initiatives and loyalty tactics can operate jointly to accelerate progress,” claimed Mr. Marriott. “Her deep knowledge throughout our small business will permit her to work seamlessly with our proprietors and franchisees, innovate for our visitors and clients, and winner new chances for our associates. Tony and Stephanie are accurately the CEO and President we want as we continue on to drive ahead in the direction of restoration and expansion in the many years forward.”
“Every member of the leadership team feels a profound feeling of reduction at Arne’s passing. He was not just a mate and a chief for us, he was a guidepost for the hospitality industry,” mentioned Ms. Linnartz. “The finest way we can honor Arne’s memory is to carry on to move the firm ahead. It is my privilege to get on the function of President and to function with Tony and the rest of the govt crew to assure a seamless transition and to correctly execute our strategy.”
Prior to this appointment, Ms. Linnartz, 52, was Team President, Client Functions, Know-how and Rising Organizations, wherever she was accountable for model, internet marketing, sales, profits management, buyer engagement, digital, information know-how, emerging organizations and loyalty methods. Ms. Linnartz played a pivotal purpose all through Marriott’s acquisition of Starwood Resorts & Resorts, overseeing the integration of company-essential techniques which include reservations, residence management, revenue administration and loyalty. In 2019, below her management, the firm blended the Marriott and Starwood loyalty courses to make the world’s biggest hospitality loyalty method, Marriott Bonvoy, which at the moment has a lot more than 147 million global associates.
Ms. Linnartz, who started her Marriott profession in 1997, served as Global Main Industrial Officer from 2013 to 2019 Global Officer, Income and Revenue Administration from 2009 to 2013 Senior Vice President, International Income from 2008 to 2009 Senior Vice President, Income and Advertising Preparing and Guidance from 2005 to 2008 and prior to that, numerous roles in Marriott’s Finance and Small business Growth Department. She currently serves on the board of administrators of The Dwelling Depot, the world’s greatest residence improvement retailer. She holds a bachelor’s degree in political science and authorities from the College of the Holy Cross, where she is a member of the Board of Trustees, and gained her Grasp of Company Administration from the Faculty of William and Mary.
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