The estimated Net Worth of Arne M Sorenson is at least $217 Million dollars as of 28 December 2020. Mr. Sorenson owns over 100,000 units of Marriott International stock worth over $172,809,901 and over the last 19 years he sold MAR stock worth over $30,616,122. In addition, he makes $13,435,900 as President, Chief Executive Officer, and Director at Marriott International.
Arne has made over 17 trades of the Marriott International stock since 2005, according to the Form 4 filled with the SEC. Most recently he sold 100,000 units of MAR stock worth $12,872,000 on 28 December 2020.
The largest trade he's ever made was exercising 497,640 units of Marriott International stock on 16 January 2014 worth over $11,649,752. On average, Arne trades about 21,169 units every 57 days since 2005. As of 28 December 2020 he still owns at least 760,172 units of Marriott International stock.
You can see the complete history of Mr. Sorenson stock trades at the bottom of the page.
Arne M. Sorenson is President, Chief Executive Officer, Director of Marriott International Inc. Mr. Sorenson is President and Chief Executive Officer of Marriott. Mr. Sorenson became the third CEO in the Company’s history in 2012. Before that, he served as Marriott’s President and Chief Operating Officer. He has held a number of positions since joining Marriott in 1996, including Executive Vice President, Chief Financial Officer, President of Continental European Lodging, and Senior Vice President of Business Development. He was elected to Marriott’s Board of Directors in 2011. With a keen interest in international trade, immigration and innovation, Mr. Sorenson is active on multiple boards. He joined the Microsoft Corporation board of directors in November 2017. He is also a member of the Business Roundtable, serving on both its Immigration and Infrastructure Committees, and is a member of the Executive Committee of the World Travel & Tourism Council. He serves on the board of trustees for The Brookings Institution, the board of directors for the Warrior-Scholar Project and as a member of the Luther College Board of Regents. Before he joined Marriott, Mr. Sorenson was a partner with the law firm Latham & Watkins in Washington, D.C. Mr. Sorenson brings to the Board, our Committee for Excellence and our Executive Committee extensive management experience with the Company, his prominent status in the hospitality industry and a wealth of knowledge in dealing with financial and accounting matters as a result of his prior service as the Company’s Chief Financial Officer.
As the President, Chief Executive Officer, and Director of Marriott International, the total compensation of Arne Sorenson at Marriott International is $13,435,900. There are no executives at Marriott International getting paid more.
Arne Sorenson is 61, he's been the President, Chief Executive Officer, and Director of Marriott International since 2012. There are 10 older and 9 younger executives at Marriott International. The oldest executive at Marriott International, Inc. is John Willard Marriott Jr., 89, who is the Exec. Chairman.
Arne's mailing address filed with the SEC is C/O MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND, WA, 98052-6399.
Over the last 20 years, insiders at Marriott International have traded over $1,165,420,580 worth of Marriott International stock and bought 191,316 units worth $4,788,149 . The most active insiders traders include J W Jr Marriott, Richard E Marriott, and John W Iii Marriott. On average, Marriott International executives and independent directors trade stock every 11 days with the average trade being worth of $14,450,459. The most recent stock trade was executed by Eric Hippeau on 13 March 2024, trading 1,400 units of MAR stock currently worth $351,666.
marriott international is the world's largest hotel company based in bethesda, maryland, usa, with more than 6,500 properties in 127 countries and reported revenues of nearly $14 billion in fiscal year 2015. its heritage can be traced to a root beer stand opened in washington, d.c., in 1927 by j. willard and alice s. marriott. the company operates and franchises hotels and licenses vacation ownership resorts under 30 brands. marriott international has more than 500,000 people working worldwide at managed or franchised properties, as well as at corporate offices. the company has been consistently recognized as a top employer and for its superior business ethics. marriott international is an equal opportunity employer committed to hiring a diverse workforce and sustaining an inclusive culture. marriott international does not discriminate on the basis of disability, veteran status or any other basis protected under federal, state or local laws. careers websites*: http://marriott.com/caree
Marriott International executives and other stock owners filed with the SEC include: