Marriott International Names Carolyn Handlon Senior Vice President, Finance and Treasurer
WASHINGTON -- Marriott International, Inc.
Since joining the original Marriott Corporation in 1987 in the company's treasury department, Handlon has played an active role in the debt and equity markets to finance the company's growth. She has been central to developing and managing the company's relationship with the banking industry and rating agencies, and was instrumental in both the 1993 Marriott International/Host Marriott Corp. split and the 1998 Marriott International/Sodexho Marriott Services, Inc. spinoff and merger.
Handlon's responsibilities as treasurer will include participating in major corporate growth decisions, continuing to manage Marriott's banking relationships and the company's cash portfolio, supervising Marriott's rating agency relationships, and overseeing the company's mortgage lending function.
Prior to joining Marriott, Ms. Handlon worked for the Overseas Private Investment Corporation and for the Continental Illinois National Bank and Trust.
Carolyn earned her MBA in finance from the Indiana University Graduate School of Business and her bachelor of arts degree in economics from Virginia Polytechnic Institute and State University.
MARRIOTT INTERNATIONAL, INC. is a leading worldwide hospitality company with over 1,900 operating units in the United States and 55 other countries and territories. Marriott Lodging operates and franchises hotels under the Marriott, Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Ramada International brand names; develops and operates vacation ownership (timeshare) resorts under the Marriott and Horizons brands, and provides furnished corporate housing through its ExecuStay by Marriott division. Other Marriott businesses include senior living communities and services, wholesale food distribution, and procurement services. The company is headquartered in Washington, D.C. and has approximately 140,000 employees. In fiscal year 1998, Marriott International reported total sales of $8.0 billion.