Marriott Stock Drops 2.82% Amid Leadership Shuffle, Trading Volume Ranks 199th

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Tuesday, Jul 15, 2025 6:43 pm ET1min read

On July 15, 2025,

International's stock price fell by 2.82%, with a trading volume of 4.90 billion, ranking 199th in the day's market activity.

Marriott International has announced significant leadership changes, with Chief Financial Officer Kathleen K. Oberg set to retire in 2026. Oberg, who has served as CFO since 2016, will step down immediately after the company files its fiscal 2025 Form 10-K and will fully retire on March 31, 2026. To ensure a smooth transition, the company has appointed Jennifer C. Mason as the new Executive Vice President and Chief Financial Officer. Mason, a 25-year veteran of Marriott, currently serves as the Global Officer, Treasurer, and Risk Management. Her extensive experience includes roles as CFO for the U.S. and Canada from 2016 to 2022, and various senior positions in IT, sales, audit, and corporate financial planning.

Additionally, Shawn Hill will take on the role of Chief Development Officer next year, further solidifying the company's leadership team. These appointments are part of Marriott's strategic plan to maintain operational stability and continuity during this transition period. The company has not provided any updates to financial statements or guidance, indicating that the changes are expected to have minimal impact on the company's financial policies and operations.

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