WHY IT RATES: The management group for Marriott is about to bear a significant change.—Donald Wooden, Breaking Information Senior Author.
Marriott Worldwide introduced that long-time govt Stephanie Linnartz has determined to depart the corporate, efficient February 24, 2023. Ms. Linnartz has been appointed President and Chief Government Officer of Below Armour.
“It’s with very combined feelings that I share the information that Stephanie Linnartz, a 25-year veteran of Marriott, has determined to step down as President to grow to be President and CEO of Below Armour,” mentioned Anthony Capuano, Chief Government Officer, Marriott Worldwide.
“On the one hand, I’m excited for this subsequent chapter in Stephanie’s profession. On the opposite, I’m saddened by the departure of such an unbelievable govt. Past the collaborative relationship that Stephanie and I get pleasure from in our roles, we’re good mates, having rooted for one another for greater than twenty years as we grew in our careers at Marriott and in our lives outdoors the corporate. I love a lot about Stephanie – she has this nice mixture of grit, grace, and humanity – qualities that make her an distinctive chief. To say she shall be missed is an understatement – however she is going to all the time be a part of our Marriott household.”
As President of Marriott since 2021, Ms. Linnartz has led all points of the corporate’s world shopper technique, together with model, advertising, gross sales, income administration, buyer engagement, digital, data know-how, rising companies, and loyalty. She additionally oversees Marriott’s world growth group, which is chargeable for the strategic progress of the corporate’s 30 lodging manufacturers, in addition to the worldwide design and operations providers capabilities. As well as, Ms. Linnartz has developed a world-class crew and spearheaded the corporate’s progress on points together with the intersection of know-how and hospitality, the continued progress of the Marriott Bonvoy loyalty platform, the excellence of Marriott’s model portfolio, and environmental sustainability.
“It has been one of the vital important and finest experiences of my life to construct a profession at Marriott,” mentioned Ms. Linnartz. “I’ll all the time be pleased about the alternatives I needed to play a job within the firm’s progress and business management. I’m grateful for the assist and friendship of Mr. Marriott, Arne Sorenson, David Marriott, and Tony Capuano by way of the years. Whereas I will not be strolling the halls of Marriott on daily basis, I’ll nonetheless be a Marriott Bonvoy member and a loyalist to our unbelievable portfolio of manufacturers.”
“I additionally need to thank Below Armour Government Chair and Model Chief, Kevin Plank, for this dream alternative,” Ms. Linnartz added. “I’m thrilled to be becoming a member of an iconic model I’ve lengthy admired. I can’t wait to get in and work alongside Kevin and the crew to jot down the subsequent chapter of this thrilling story.”
Ms. Linnartz, who started her Marriott profession in 1997, has labored in quite a lot of capacities over the following 25 years, from finance and enterprise growth to income administration and gross sales and advertising. She performed a pivotal function throughout Marriott’s acquisition of Starwood Accommodations & Resorts, together with overseeing the combination of varied company capabilities and business-critical techniques. In 2019, underneath her management, the corporate mixed the Marriott and Starwood loyalty applications to create the world’s largest hospitality loyalty program, Marriott Bonvoy, which at the moment has greater than 173 million world members. Ms. Linnartz serves on the board of administrators of The Residence Depot, the world’s largest dwelling enchancment retailer. She holds a bachelor’s diploma in political science from the School of the Holy Cross, the place she is a member of the Board of Trustees, and she or he earned her Grasp of Enterprise Administration from the School of William and Mary.
SOURCE: Marriott Worldwide press launch.
Supply: Travel Plus