David Marriott To Replace Bill Marriott As Chairman Of Global Hotel Giant
Bill Marriott is planning to step down from his role as chairman of Marriott International's board after more than four decades leading the company. Marriott CEO Arne Sorenson announced on the firm's earnings call Tuesday Bill Marriott, 88, would transition to chairman emeritus in 2022 and would be replaced by his son, David Marriott. The company also detailed the financial challenges it faces as the coronavirus continues to damage the hotel...