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People: Marriott International Inc (MAR.O)

MAR.O on Nasdaq

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Sorenson, Arne 

Mr. Arne M. Sorenson is President, Chief Executive Officer and Director of Marriott International Inc. effective March 31, 2012. Mr. Sorenson became President and Chief Executive Officer of the Company on March 31, 2012. Prior to that, he was President and Chief Operating Officer of the Company since May 2009. Mr. Sorenson joined Marriott in 1996 as Senior Vice President of Business Development and was appointed Executive Vice President and Chief Financial Officer in 1998, and assumed the additional title of President, Continental European Lodging, in January 2003. Prior to joining Marriott, he was a Partner in the law firm of Latham & Watkins in Washington, D.C. Mr. Sorenson serves as chairman of the board of directors of Brand USA, is a member of the board of regents of Luther College, and is Vice-Chair of the President of the United States’ Export Council. In April 2015, he was elected to the board of trustees of the Brookings Institute. He served on the Board of Directors of Wal-Mart Stores, Inc. from 2008 to June 2013. Mr. Sorenson was appointed to the Board of Directors in February 2011. Mr. Sorenson brings to the Board extensive management experience with the Company, his prominent status in the hospitality industry and a wealth of knowledge in dealing with financial and accounting matters as a result of his prior service as the Company’s Chief Financial Officer.

Basic Compensation

Total Annual Compensation, USD 4,862,920
Restricted Stock Awards, USD 3,830,310
Long-Term Incentive Plans, USD --
All Other, USD 4,282,220
Fiscal Year Total, USD 12,975,500

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --