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Hotel Industry News |
Friday September 5th, 2008 |
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David Marriott to Oversee Hotel Chain's Key Markets |
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New Position Stirs Speculation About Succession Plan |
Marriott International has tapped the youngest son of chief executive Bill Marriott for a key position overseeing hotel operations in some of the lodging chain's most critical markets, including New York City, raising more speculation about his future role in the company.
The careers of Marriott offspring prompt extensive tea leaf reading at the firm's Bethesda headquarters and throughout the industry, but the speculation has become particularly intense around David Marriott, who is 34 and viewed as the family member most likely to perhaps one day head up the company.
Although Bill Marriott, who recently turned 76, says he has no plans to retire soon, that hasn't stopped rampant speculation about his successor, especially because in the company's 81 years there have been only two chief executives, both with the last name Marriott. The topic is so sensitive that most people in the hotel industry will not talk publicly about it.
External Source - For the complete article click here
Source - Washington Post
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