Marriott International Announces Retirement of Leeny Oberg, Chief Financial Officer and EVP, Development, in 2026

Marriott International (Nasdaq: MAR) today announced that after 26 years with the company, Leeny Oberg, Marriott’s Chief Financial Officer and Executive Vice President, Development, has decided to retire effective March 31, 2026. Two long-time Marriott veterans have been named her successors. Next year, Jen Mason will become the company’s Chief Financial Officer and Shawn Hill will take on the role of Chief Development Officer.

Oberg has served as Marriott’s CFO since 2016. In February 2023, Oberg was additionally tapped to lead the strategic growth of the company’s global lodging portfolio.

Leeny’s focus on value creation is evident in everything she does. Whether it was navigating the pandemic successfully, enhancing the company’s cost competitiveness or having a disciplined and strategic approach to investing in growth, her impact on Marriott is long lasting. Leeny’s strength lies in the depth of her expertise, but also in her warmth, relatability and dedication to support those who work with her. As a result, she has built a deep bench of talented leaders who are ready to take the next steps on the exceptional path she has helped carve for Marriott. I am grateful to Leeny for helping to position the company so beautifully for this transition and for her many years of leadership and friendship. Anthony Capuano, President and Chief Executive Officer, Marriott International

It has been an honor to be part of the Marriott team, and a privilege to serve as the company’s CFO for the past decade and the leader of the Development organization over the past few years, said Oberg. Reflecting on my tenure, I am most proud of my teams and what we have accomplished together. While it’s never easy to leave a company and job you love, I have the utmost confidence in the leaders who will assume these roles and am very optimistic about the strategic path Marriott is on. I look forward to working collaboratively with them to ensure a smooth transition for the company.

Leeny has made substantial contributions to Marriott, including her incredible work on the Starwood acquisition and integration and her resolute navigation through the pandemic. Since she became CFO on January 1, 2016, the company has seen a significant increase in shareholder value, with the stock meaningfully outperforming the S&P 500. Leeny embodies our values and helped guide our culture throughout her career, and I am grateful for her leadership. She will be missed. J.W. Marriott, Jr., Chairman Emeritus, Marriott International

Prior to being named Marriott’s CFO in 2016, Oberg, 65, served as the Chief Financial Officer for The Ritz-Carlton Hotel Company, where she contributed significantly to the brand’s performance, growth, and organizational effectiveness. Earlier in her career at the company, Oberg held a range of finance leadership positions, including Senior Vice President, Corporate and Development Finance and Senior Vice President, International Project Finance and Asset Management for Europe and the Middle East and Africa. Oberg first joined Marriott as part of its Investor Relations group in 1999.

Media Contact

Jackie Burka McConagha

Senior Vice President, Investor Relations, Marriott International, Inc. [email protected]