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Tue, 23 February 2021

Marriott Appoints Tony Capuano as CEO and Stephanie Linnartz as President

(23 Feb 2021) Marriott has appointed Anthony Tony Capuano as Chief Executive Officer and Stephanie Linnartz as President, effective immediately.

Tony was previously Group President, Global Development, Design and Operations Services, whilst Stephanie Linnartz worked as Group President, Consumer Operations, Technology and Emerging Businesses.

The two high profile promotions follow the unexpected passing of Marriott President and CEO, Arne Sorenson on 15 February 2021.

Tony has played a critical role in Marriotts growth over the last decade, said J.W. Bill Marriott, Jr., Executive Chairman and Chairman of the Board, Marriott International. He will be a terrific leader as we continue to advance our growth strategy while also navigating the market dynamics of the COVID-19 pandemic. He works thoughtfully and pragmatically with our owner and franchisee community and has been steadfast in ensuring Marriott delivers operational excellence and elevated customer experiences at our properties. Tony has a deep appreciation for Marriotts thousands of associates who ultimately deliver on our customer and brand promise and I know he will be a superb steward of our culture. Together with Stephanie in the role of President, and the rest of our exceptional leadership team, Marriott could not be in better hands, Mr. Marriott said.

Anthony Capuano. Click to enlarge.

Prior to this appointment, Mr. Anthony Tony Capuano, 55, was Group President, Global Development, Design and Operations Services. In this role, he was responsible for leading global development and design efforts and overseeing the companys Global Operations discipline. During Mr. Capuanos tenure leading global development, the company grew its footprint from just over 3,200 properties in early 2009 to over 7,600 properties by year-end 2020.

In addition, Mr. Capuano has overseen the tremendous growth and globalization of Marriotts development pipeline to 498,000 rooms as of 31 December 2020, with more than half of the pipeline representing projects outside of the U.S.

Mr. Capuano began his Marriott career in 1995 as part of the Market Planning and Feasibility team. Between 1997 and 2005, he led Marriotts full-service development efforts in the Western U.S. & Canada. From 2005 to 2008, he served as Senior Vice President of full-service development for North America. In 2008, his responsibilities expanded to include all of U.S. & 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 Horwaths Boston-based Leisure Time Advisory Group. He then joined Kenneth Leventhal and Companys hospitality consulting group in Los Angeles. Mr. Capuano earned his bachelors 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 Deans Advisory Board. Mr. Capuano is also a member of the American Hotel and Lodging Associations Industry Real Estate Financial Advisory Council.

I am honored to be appointed to take the helm of Marriott, but it is a bittersweet moment, said Mr. Capuano. Arne was a mentor, a champion and a friend to each member of his close-knit leadership team. It is because of Arnes efforts that we are prepared to move forward with this transition. Together, we will advance the strategy we have in place, which is laser-focused on recovery, expansion, providing opportunities for our associates, maintaining constructive relationships with our owners and franchisees, delivering safe and innovative experiences for our guests and customers, and building value for our shareholders.

Stephanie Linnartz. Click to enlarge.

As President, Ms. Stephanie Linnartz will be responsible for developing and executing all aspects of the companys global consumer strategy, including brand, marketing, sales, revenue management, customer engagement, digital, information technology, emerging businesses and loyalty strategies.

In addition, Ms. Linnartz will oversee Marriotts global development organization, which is responsible for the strategic growth of the companys 30 lodging brands, as well as the global design and operations services functions.

Ms. Linnartz will also spearhead the companys progress on issues including the intersection of technology and hospitality, the continued growth of the Marriott Bonvoy loyalty platform, the excellence of our brand portfolio, and environmental sustainability.

Stephanie has a leadership track record and clear vision for how our core lodging business, travel platform initiatives and loyalty strategies can work together to accelerate growth, said Mr. Marriott. Her deep experience across our business will enable her to work seamlessly with our owners and franchisees, innovate for our guests and customers, and champion new opportunities for our associates. Tony and Stephanie are exactly the CEO and President we need as we continue to push forward towards recovery and growth in the years ahead.

Prior to this appointment, Ms. Linnartz, 52, was Group President, Consumer Operations, Technology and Emerging Businesses, where she was responsible for brand, marketing, sales, revenue management, customer engagement, digital, information technology, emerging businesses and loyalty strategies.

Ms. Linnartz played a pivotal role during Marriotts acquisition of Starwood Hotels & Resorts, overseeing the integration of business-critical systems including reservations, property management, revenue management and loyalty.

In 2019, under her leadership, the company combined the Marriott and Starwood loyalty programs to create the worlds largest hospitality loyalty program, Marriott Bonvoy, which currently has more than 147 million global members.

Ms. Linnartz, who began her Marriott career in 1997, served as Global Chief Commercial Officer from 2013 to  2019; Global Officer, Sales and Revenue Management from 2009 to 2013; Senior Vice President, Global Salesfrom 2008 to 2009; Senior Vice President, Sales and Marketing Planning and Support from 2005 to 2008; and prior to that, various roles in Marriotts Finance and Business Development Department.

She currently serves on the board of directors of The Home Depot, the worlds largest home improvement retailer. She holds a bachelors degree in political science and government from the College of the Holy Cross, where she is a member of the Board of Trustees, and earned her Master of Business Administration from the College of William and Mary.

Every member of the leadership team feels a profound sense of loss at Arnes passing. He was not just a friend and a leader for us, he was a guidepost for the hospitality industry, said Ms. Linnartz. The best way we can honor Arnes memory is to continue to move the company forward. It is my privilege to take on the role of President and to work with Tony and the rest of the executive team to ensure a seamless transition and to successfully execute our strategy.

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