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(29/12/22)
Marriott has confirmed that Stephanie Linnartz
has decided to leave the company, effective 24 February 2023.
Ms.
Linnartz has been appointed President and Chief Executive Officer
of Under Armour.
Stephanie Linnartz
“It is with very mixed emotions that I share the
news that Stephanie Linnartz, a 25-year veteran of Marriott, has
decided to step down as President to become President and CEO of
Under Armour,” said Anthony Capuano, Chief Executive Officer,
Marriott International. “On the one hand, I am excited for this
next chapter in Stephanie’s career. On the other, I am saddened by
the departure of such an incredible executive. Beyond the
collaborative relationship that Stephanie and I enjoy in our
roles, we are good friends, having rooted for each other for more
than two decades as we grew in our careers at Marriott and in our
lives outside the company. I admire so much about Stephanie – she
has this great combination of grit, grace, and humanity –
qualities that make her an exceptional leader. To say she will be
missed is an understatement – but she will always be part of our
Marriott family.”
Ms. Linnartz, who began her Marriott career in
1997, has worked in a number of capacities over the ensuing 25
years, from finance and business development to revenue management
and sales and marketing.
She played a pivotal role during
Marriott’s acquisition of Starwood Hotels & Resorts, including
overseeing the integration of various corporate functions and
business-critical systems.
In 2019, under her leadership, the
company combined the Marriott and Starwood loyalty programs to
create the world’s largest hospitality loyalty program, Marriott
Bonvoy, which currently has more than 173 million global members.
As President of Marriott since 2021, Ms. Linnartz
has led all aspects of the company’s global consumer strategy,
including brand, marketing, sales, revenue management, customer
engagement, digital, information technology, emerging businesses,
and loyalty.
She also oversees Marriott’s global development
organization, which is responsible for the strategic growth of the
company’s 30 lodging brands, as well as the global design and
operations services functions.
“It has been one of the most significant and best
experiences of my life to build a career at Marriott,” said Ms.
Linnartz. “I will always be grateful for the opportunities I had
to play a role in the company’s growth and industry leadership. I
am thankful for the support and friendship of Mr. Marriott, Arne
Sorenson, David Marriott, and Tony Capuano through the years.
While I may not be walking the halls of Marriott every day, I will
still be a Marriott Bonvoy member and a loyalist to our incredible
portfolio of brands.”
Ms. Linnartz serves on the board of directors of The Home Depot, holds a
bachelor’s degree in political science from the College of the
Holy Cross, where she is a member of the Board of Trustees, and
has a Master of Business Administration from the College
of William and Mary.
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