Marriott's Board of Directors has appointed
Margaret M. McCarthy, Executive Vice President at CVS Health
Corporation, as an independent director of the company.
Ms. McCarthy will also be included in the
company’s slate of nominees for election at Marriott’s upcoming
2019 Annual Meeting of Stockholders.
Ms. McCarthy’s appointment expands the
membership of the Board to fourteen, eleven of whom are
independent. She will also serve on the company’s Audit Committee.
“Meg brings a wealth of leadership experience to
our Board from her over 30-year career in business and her
military service,” said Larry Kellner, Marriott International’s
Lead Director. “We were drawn to Meg’s experience with
consumer-facing companies undergoing transformational change as
well as her knowledge of privacy and cybersecurity. Marriott has a
strong and independent Board of Directors that provides critical
guidance and advice to management. We are also committed to
building a Board that has diverse perspectives and backgrounds
reflecting the diversity of our guests, associates and owners. We
are confident that Meg will be a valuable addition to the Marriott
As Executive Vice
President at CVS Health, Ms. McCarthy is a leader in the company’s
technology transition following its acquisition of Aetna. She is
slated to depart CVS Health in May. Ms. McCarthy joined CVS Health through its
acquisition of Aetna Inc. in 2018, where she had been Executive
Vice President of Operations and Technology since 2010. At Aetna,
she also served as the company’s Chief Information Officer and
Head of Business Solutions Delivery.
Prior to joining Aetna in
2003, she was a senior Information and Technology executive at
Cigna Corp., Catholic Health Initiatives and Franciscan Health
System, and a Partner at Ernst & Young.
Ms. McCarthy currently
serves on the Board of Directors of Brighthouse Financial, Inc.
and First American Financial Corporation. She also serves on
various advisory boards and councils, including the Financial
Services Information Sharing and Analysis Center, MIT Center for
Information Systems Research and the Board of Trustees of
“We’re thrilled to welcome Meg to our Board,” said
Arne Sorenson, Marriott International President and Chief
Executive Officer. “Her experience and expertise promise to make
Meg a terrific addition to the Marriott Board. I look forward to
her insights and leadership as we work to build Marriott’s global
Ms. McCarthy holds a bachelor’s degree from
Providence College and a master’s degree in public health,
hospital administration from Yale University. She served in the
U.S. Navy Medical Services Corps as a Lieutenant at Bethesda Naval
Hospital and in the U.S. Navy Reserves as a Lieutenant Commander.