Industry Update
Press Release24 June 2020

Marriott International Announces Retirement of Tim Sheldon

President, Caribbean and Latin America to step down after 35 years with the company

share this article
1 min
Marriott International, Inc.

Marriott today announced that Tim Sheldon is retiring from his role as President, Caribbean and Latin America in early 2021, following a 35-year career with the company.

Advertisements

"Tim has been an integral part of Marriott over the past three decades and it is difficult to imagine Marriott without him," said Dave Grissen, Group President, Americas. "He has truly shaped the organization with his entrepreneurial spirit, astute focus on key business drivers and warm leadership style that has inspired many. We will certainly miss Tim, but I know that this new chapter in his life will be as meaningful and dynamic as his distinguished career at Marriott."

Mr. Sheldon led the company's rapid expansion in the Caribbean and Latin America over the past five years, doubling the region's portfolio to 268 properties with another 132 projects in the pipeline. He oversaw the integration of Starwood in the Caribbean and Latin America, which added six new markets and eight brands to the company's regional portfolio. In addition, he led the successful launch of Marriott International's all-inclusive platform last year.

Sheldon joined Marriott International in 1985 and held various positions throughout his career. As Senior Vice President and Brand Manager he led Marriott's entry into the moderate-tier extended-stay space with the development of the TownePlace Suites brand. While at the helm of the Global Operations group, he directed the successful roll-out of Mobile Check-In for the company.

Mr. Sheldon will remain with the company through the first quarter of 2021 helping with the transition. The company anticipates announcing Mr. Sheldon's successor shortly.

Related Appointments

Brian King - President of Marriott International’s Caribbean and Latin America Region

26 June 2020 — Marriott announced that long-time company executive Brian King has been appointed President of the company's Caribbean and Latin America region. Mr. King will take on his new role in January 2021 and will report to Craig Smith, who will assume the role of Group President, International at that time.
read more

Craig S. Smith - Group President, International

11 May 2020 — In his new role as Group President, International, Mr. Smith will oversee all non-North American operations for Marriott including the Asia Pacific, Europe, Middle East & Africa and Caribbean & Latin America (CALA) regions.
read more

Marriott International, Inc. (Nasdaq: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of more than 7,400 properties under 30 leading brands spanning 135 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company offers Marriott Bonvoy™, its highly-awarded travel program. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com. In addition, connect with us on Facebook and @MarriottIntl on Twitter and Instagram.

CAUTIONARY LANGUAGE CONCERNING FORWARD-LOOKING STATEMENTS

All statements in this announcement are made as of June 24, 2020. We undertake no obligation to publicly update or revise these statements, whether as a result of new information, future events or otherwise. This announcement contains "forward-looking statements" within the meaning of federal securities laws, including statements related to expected leadership changes, our pipeline of new projects, and similar statements concerning anticipated future events and expectations that are not historical facts. We caution you that these statements are not guarantees of future performance and are subject to numerous evolving risks and uncertainties that we may not be able to accurately predict or assess, including the risk factors that we identify in our Securities and Exchange Commission ("SEC") filings, including our most recent Quarterly Report on Form 10-Q.

Latest News
Advertisements