Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On February 10, 2023, the Board of Directors (the "Board") of Marriott
International, Inc. ("Marriott" or the "Company") appointed Anthony G. Capuano,
currently the Chief Executive Officer ("CEO") of Marriott and a member of the
Board, to the additional role of President of Marriott, effective February 24,
2023. As previously announced, Stephanie Linnartz, the current President of
Marriott, has resigned effective February 24, 2023 in order to accept the
position of President and Chief Executive Officer of Under Armour, Inc.
Mr. Capuano, age 57, was appointed CEO effective February 21, 2021. Prior to his
appointment as CEO, Mr. Capuano was Group President, Global Development, Design
and Operations Services, a role he assumed in January 2020. In that role, he was
responsible for leading the Company's global development and design efforts and
overseeing the Company's Global Operations discipline. Mr. Capuano began his
Marriott career in 1995 as part of the Market Planning and Feasibility team.
Between 1997 and 2005, he led Marriott's full-service development efforts in the
Western U.S. and Canada. From 2005 to 2008, Mr. Capuano served as Senior Vice
President of full-service development for North America. In 2008, his
responsibilities expanded to include all of U.S. and Canada and the Caribbean
and Latin America, and he became Executive Vice President and Global Chief
Development Officer in 2009. Mr. Capuano began his professional career in
Laventhol and Horwath's Boston-based Leisure Time Advisory Group. He then joined
Kenneth Leventhal and Company's hospitality consulting group in Los Angeles, CA.
Mr. Capuano earned his bachelor's degree in Hotel Administration from Cornell
University. He is an active member of the Cornell Hotel Society and a member of
The Cornell School of Hotel Administration Dean's Advisory Board, as well as the
Business Roundtable, and the American Hotel and Lodging Association's IREFAC
Council. Additionally, Mr. Capuano serves on the Board of Directors of
McDonald's Corporation and Save Venice, a nonprofit organization dedicated to
preserving the artistic heritage of Venice, Italy.
Mr. Capuano will not receive any additional compensation in connection with his
appointment as President of Marriott.
Item 7.01. Regulation FD Disclosure.
A copy of Marriott's press release announcing Mr. Capuano's appointment as
President and the Board's declaration of a quarterly cash dividend is furnished
as Exhibit 99.
The information in this Item 7.01, including Exhibit 99, is being furnished and
shall not be deemed incorporated by reference into any other filing with the
Securities and Exchange Commission.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
The following exhibits are furnished with this report:
99 Press release issued on February 10, 2023.
104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses
MARRIOTT INTERNATIONAL, INC. 
