- Marriott International CEO Arne Sorenson, who had been undergoing treatment for pancreatic cancer, died Monday.
- Sorenson was the third CEO in Marriott's history.
Arne Sorenson, CEO, Marriott International speaking at the World Economic Forum in Davos, Switzerland, January 21, 2020.Adam Galica | CNBC
Marriott International announced Tuesday the death of its CEO Arne Sorenson, who had been undergoing treatment for pancreatic cancer.
Sorenson, the third CEO in Marriott's history, passed away on Monday, the company said in a press release.
In May 2019, the hotel operator had announced that Sorenson had been diagnosed with cancer. Earlier this month, it shared the news that the CEO would be temporarily cutting back his work schedule to accommodate more demanding treatment.
Marriott had already, earlier this year tapped two executives – Stephanie Linnartz, group president of consumer operations, technology and emerging businesses; and Tony Capuano, group president of global development, design and operations services – to oversee day-to-day operations, filling in for Sorenson.
The company said Tuesday that Linnartz and Capuano will continue to do so until the board appoints a new CEO, which is expected to be in the next two weeks.
This story is developing. Please check back for updates.
Source: cnbc.com