Marriott will reorganize top-level management

12/13/2011 | Bloomberg Businessweek

J.W. Marriott Jr. will be stepping down from his post as CEO of Marriott International to make way for Arne Sorenson, the company's president and chief operating officer, as part of an organizational shuffle effective March 31. Marriott will assume the role of executive chairman and chairman of the board, while Robert McCarthy will fill the COO position vacated by Sorenson, who will retain his role as president.

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