BETHESDA, Md., Jan. 21,
2025 /PRNewswire/ -- The board of directors of
Marriott International, Inc. (NASDAQ: MAR) today announced the
election of Sean Tresvant, Chief
Executive Officer of Taco Bell Corp., a wholly owned subsidiary of
Yum! Brands, Inc., as an independent director of the company,
effective February 12, 2025. Mr.
Tresvant is expected to be included in the company's slate of
nominees for election at its upcoming 2025 annual meeting of
stockholders.
"We are thrilled to welcome Sean to Marriott's board of
directors," said David Marriott,
Chairman of the Board for Marriott International. "In his time at
Taco Bell, Sean has overseen some of the company's most innovative
transformations. He expanded Taco Bell's presence both domestically
and internationally, raised brand awareness through successful
initiatives like Taco Bell's Taco Tuesday, and has grown the
company's in-store and digital sales while strengthening and
deepening its brand loyalty and franchise network. Sean's
leadership has helped the company focus on continuous growth while
keeping culture front of mind—taking care of associates, customers,
franchisees, and the communities they serve. As Marriott focuses on
innovating for the future, Sean will be a valuable addition to our
board."
As the CEO of Taco Bell, Mr. Tresvant drives growth strategies,
franchise operations, and overall company performance. He is
transforming the business and accelerating profitable growth while
keeping social impact at the core of the brand. Mr. Tresvant also
holds the position of Vice Chairman of the Taco Bell Foundation and
is a founding member of the Black Executive CMO Alliance (BECA)
where he advocates for opportunity and access for Black marketing
professionals. Before joining Taco Bell, Mr. Tresvant spent over 15
years at Nike, culminating in the role of Chief Marketing Officer
for the Jordan Brand. There, he was responsible for overseeing and
setting the consumer journey and execution of brand campaigns,
product marketing, creative collaborations, athlete sponsorships,
and omni-channel marketplace design. He also held positions at Time
Inc.'s Sports Illustrated brand and PepsiCo.
Born and raised in Seattle, Mr.
Tresvant received his MBA from Seattle
University and his BA and MA in Communications from
Washington State University, where he
also played basketball for the Cougars.
With the election of Mr. Tresvant, the Marriott International
board will expand to 13 directors, 10 of whom are independent. The
members of Marriott International's board of directors will be:
- David S. Marriott,
Chairman of the Board; Former President, U.S. Full Service Managed
by Marriott, Marriott International, Inc.
- Anthony G. Capuano,
President and Chief Executive Officer, Marriott International, Inc.
- Isabella D. Goren, Former
Chief Financial Officer, American Airlines, Inc. and AMR
Corporation
- Deborah Marriott
Harrison, Global Cultural Ambassador Emeritus,
Marriott International, Inc.
- Frederick A. Henderson,
Marriott International's Lead Director; Former Chairman and Chief
Executive Officer, SunCoke Energy, Inc.
- Lauren R. Hobart,
President and Chief Executive Officer, DICK'S Sporting Goods
- Debra L. Lee, Former
Chairman and Chief Executive Officer, BET Networks
- Aylwin B. Lewis, Former
Chairman, President and Chief Executive Officer, Potbelly
Corporation
- Margaret M. McCarthy,
Former Executive Vice President, CVS Health Corporation
- Grant F. Reid, Former
President and Chief Executive Officer, Mars, Incorporated
- Horacio D. Rozanski,
Chairman, Chief Executive Officer and President, Booz Allen
Hamilton Inc.
- Susan C. Schwab,
Professor Emerita, University of
Maryland and Former U.S. Trade Representative
- Sean C. Tresvant, Chief
Executive Officer, Taco Bell Corp.
NOTE ON FORWARD-LOOKING STATEMENTS
This press release
contains "forward-looking statements" within the meaning of federal
securities laws, including statements related to the anticipated
benefits of the addition of Mr. Tresvant to the board; expected
director nominees for election at the company's upcoming 2025
annual meeting of stockholders; and similar statements concerning
anticipated future events and expectations that are not historical
facts. We caution you that these statements are not guarantees of
future performance and are subject to numerous evolving risks and
uncertainties that we may not be able to accurately predict or
assess, including the risk factors that we describe in our U.S.
Securities and Exchange Commission filings, including our most
recent Annual Report on Form 10-K or Quarterly Report on Form 10-Q.
Any of these factors could cause actual results to differ
materially from the expectations we express or imply in this press
release. We make these forward-looking statements as of the date of
this press release and undertake no obligation to publicly update
or revise any forward-looking statement, whether as a result of new
information, future events or otherwise.
ABOUT MARRIOTT INTERNATIONAL, INC.
Marriott
International, Inc. (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a
portfolio of nearly 9,100 properties across more than 30 leading
brands in 142 countries and territories. Marriott operates and
franchises hotels and licenses vacation ownership resorts all
around the world. The company offers Marriott Bonvoy®,
its highly awarded travel program. For more information, please
visit our website at www.marriott.com, and for the latest
company news, visit www.marriottnewscenter.com. In addition,
connect with us on Facebook and @MarriottIntl on X
and Instagram.
Marriott encourages investors, the media, and others interested
in the company to review and subscribe to the information Marriott
posts on its investor relations website
at www.marriott.com/investor or Marriott's news center
website at www.marriottnewscenter.com, which may be material.
The contents of these websites are not incorporated by reference
into this press release or any report or document Marriott files
with the SEC, and any references to the websites are intended to be
inactive textual references only.
IRPR#1
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SOURCE Marriott International, Inc.