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Bill Marriott Steps Down As CEO, Remains A Hotel-Hopper For Life

Where: Bethesda, MD
December 14, 2011 at 2:03 PM | by | ()

We don't know if it was the stress of the recent Waikiki lawsuit, or simply the after-effects of running the largest hotel chain in the world, but Bill Marriott is stepping down as CEO of Marriott International Inc., after 60 years on the job.

The Washington Post has published a statement from the chain hotel king, who declared his optimism about the future of the company, as well as his hotel-hopping retirement plans. Not that he didn't manage to get around before. But his new post as Executive Chairman will allow, we're guessing, for a pretty flexible schedule.

And, for the second time this week, we're a little lot jealous of life at the top.

For now, 15-year Marriott vet, President and COO Arne Sorenson has been appointed to the CEO position. Taking his place will be Bob McCarthy, who has been with Marriott for 35 years.

Those who want to read the full statement can click here. Or check out this other Washington Post blog entry about Bill Marriott's contributions to the industry over the years.

We found this quote from Norman Jenkins, who worked as Senior VP at Marriott North America before starting Capstone Development in 2009:

"Some executives want to be the smartest guy in the room, but Bill always wanted to make sure he had the brightest and best minds around him.

He was never afraid to give up-and-coming executives roles where they could learn, demonstrate their skills and even skin their knees.”"

[Photo: HotelierMiddleEast]

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