Marriott International Inc. has approved Tony Capuano as its new CEO, choosing a veteran of the world’s largest hotel company to lead it during the most parallel period in the industry.
Capuano, 55, has been with the company for 25 years and was recently chairman of the group responsible for leading Marriott’s global development, design efforts and operations.
He takes first place after the death of former CEO and president Arne Sorenson last week. Mr. Sorenson had been diagnosed with Pancreatic Cancer in Phase 2 in 2019. Stephanie Linnartz, 52, president of the Marriott Group that oversees the operations of consumers, technology and emerging businesses, is the company’s new president.
Capuano takes on one of the toughest jobs of any American business by running Marriott, a global housing giant with 1.4 million rooms.
The hotel industry continues to shrink from the effects of the coronavirus pandemic, which has caused world travel to dry up, caused hotel closures in U.S. cities and forced rounds of layoffs and forks across the sector. . Capuano also replaces a beloved CEO who related to everyone, from company group leaders to housewives.