Marriott CEO Arne Sorenson, who pushed worldwide expansion, dies

First chief executive outside founding family; led $13B Starwood Hotels buy in 2016

National /
Feb.February 16, 2021 10:34 AM
Marriott International CEO Arne Sorenson (Getty)

Marriott International CEO Arne Sorenson (Getty)

Marriott International CEO Arne Sorenson, whose expansion efforts helped make it the world’s largest hotel chain, died on Monday at 62. He had been battling pancreatic cancer, the company said in a statement on Tuesday.

Sorenson, who in 2012 became the third chief executive in company history and the first outside the founding family, led the acquisition of Starwood Hotels and Resorts in a $13 billion deal in 2016.

Sorenson also expanded Marriott’s presence under dozens of other brand names, including W Hotels, Ritz-Carlton, Courtyard and Sheraton.

J.W. Marriott, Jr., executive chairman, called him “an exceptional executive — but more than that — he was an exceptional human being.”

Sorenson was diagnosed with cancer in May 2019 and had stepped away from his full-time position this month. Sorenson is survived by his wife and four children.

He was replaced by Stephanie Linnartz, group president of consumer operations, technology and emerging businesses; and Tony Capuano, group president of global development, design and operations services. They will continue to fulfill his responsibilities until Marriott taps a new CEO.

In a November third-quarter earnings call — in which the company reported profits fell sharply year-over-year — Sorenson expressed his desire for office workers to get back to business. He expected it would take “a vaccine or two” to jumpstart the hospitality sector, but based on his conversations with some of Marriott’s bigger corporate clients, he said there was mounting pressure to get back to business as normal.

“I do think there is an increasing sense that with each passing month, we lose a little bit more in terms of the connective tissue between our people in companies in all sorts of different industries,” Sorenson said at the time.






    Related Articles

    arrow_forward_ios
    (Tropicana Las Vegas via Facebook, Bally's Corp)
    Bally’s buys Las Vegas’ Tropicana casino for $150M
    Bally’s buys Las Vegas’ Tropicana casino for $150M
    Doctors and medical professionals have remained on time with their rent payments in the past year (iStock)
    Medical offices are just what the doctor ordered for landlords
    Medical offices are just what the doctor ordered for landlords
    The rate of loans sent to special servicers continued to fall in March. (Unsplash)
    CMBS special servicing rate declines in March
    CMBS special servicing rate declines in March
    JLL CEO Christian Ulbrich. (Getty)
    JLL explores sale of China property management wing
    JLL explores sale of China property management wing
    Dollar General CEO Todd Vasos (Retail Industry Leaders Association, iStock)
    Dollar General thrives amid retail apocalypse
    Dollar General thrives amid retail apocalypse
    Bill Lee (Lee & Associates/YouTube)
    Lee & Associates founder Bill Lee dies
    Lee & Associates founder Bill Lee dies
    The vacancy rate for regional and superregional malls is at an all-time high. (Getty)
    Mall vacancy rate hits all-time high
    Mall vacancy rate hits all-time high
    Gores Group’s Alec Gores and Dean Metropoulos with Sonder CEO Francis Davidson (Getty, Linkedin)
    Sonder considers going public via SPAC
    Sonder considers going public via SPAC
    arrow_forward_ios

    The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

    Loading...