Marriott appoints Tony Capuano as new CEO

“I am honored to be appointed to take the helm of Marriott, but it is a bittersweet moment,” Capuano said in a news release. “Arne was a mentor, a champion and a friend to each member of his close-knit leadership team. It is because of Arne’s efforts that we are prepared to move forward with this transition.”

Capuano, 55, had been group president overseeing global development and design efforts, as well as Marriott’s global operations. From 2009 to 2020, the company grew from 3,200 properties to more than 7,600 worldwide, and now has a market capitalization of $46.2 billion. During the coronavirus pandemic, he led the company’s Commitment to Clean initiative to ensure safe and hygienic cleaning protocols for travelers, the company said.

Capuano’s Marriott career began in 1995 as part of the market planning and feasibility team. Within over the next decade, he led the company’s development efforts in the western United States and Canada. He then moved on to senior vice president of full-service development for North America. He became executive vice president and global chief development officer in 2009…

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From The Washington Post - 24/02/2021