Marriott International Chief Executive Officer Arne Sorenson, who was undergoing treatment for pancreatic cancer, has died, the company said on Tuesday. The first non-family member to head the hotel chain, Sorenson, 62, had earlier this month stepped back from full-time role to treat cancer that was diagnosed in 2019. Marriott said he died on Monday and that it will appoint a new CEO in the next two weeks. Sorenson took charge in March 2012 and led the $13 billion acquisition of Starwood Hotels and Resorts in 2016, resulting in Marriott becoming the world’s biggest hotel chain with over 1 million rooms. “He had an uncanny ability to anticipate where the hospitality industry was headed and position Marriott for growth,” Executive Chairman JW Marriott, Jr said in a statement. During Sorenson’s tenure, the company’s shares have jumped 242 percent, despite the 15 percent dent over the past year due to the …
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