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(Reuters) - Marriott International (NASDAQ:MAR) Inc on Tuesday appointed Tony Capuano, group president for global development, as its chief executive officer, replacing Arne Sorenson, who died last week while on treatment for pancreatic cancer.
Capuno joined Marriott in 1995 and was in charge of the company's U.S. and Canada lodging business.
The hotel chain also named Stephanie Linnartz, group president, consumer operations, as its president.
"Tony has a deep appreciation for Marriott's thousands of associates who ultimately deliver on our customer and brand promise and I know he will be a superb steward of our culture," Executive Chairman JW Marriott, Jr said in a statement.
On the 31st of March, Wasatch Advisors purchased 3.8 million StepStone Group Inc. (STEP) shares for $133 million at an average price of $35.27 per share. Shares of StepStone Group...
WASHINGTON (Reuters) - Korean battery makers LG Chem and rival SK Innovation Co are expected to announce a settlement on Saturday in a trade secrets dispute that has threatened a...
By David Stanway and Scott Murdoch SHANGHAI/HONG KONG (Reuters) -China slapped a record 18 billion yuan ($2.75 billion) fine on Alibaba (NYSE:BABA) Group Holding Ltd on...
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