Marriott International CFO and executive vice president of development Leeny Oberg will retire on March 31, 2026.
She'll be replaced by a pair of company veterans: Jen Mason, who is currently global officer, treasurer and risk management; and Shawn Hill, currently chief development officer for the Asia-Pacific region, excluding China.
Oberg has served as Marriott CFO since 2016 and as executive vice president of development since 2023, charged in the latter position with growing Marriott's global portfolio. She joined Marriott in 1999, serving in investor relations and financial-management positions. She was named CFO of Marriott's Ritz-Carlton brand in 2013.
"Leeny's focus on value-creation is evident in everything she does," Marriott CEO Anthony Capuano said in a statement. "Whether it was navigating the pandemic successfully, enhancing the company's cost-competitiveness or having a disciplined and strategic approach to investing in growth, her impact on Marriott is long-lasting."
Upon Oberg's departure, she will be replaced as executive vice president and CFO by Mason, who has worked with Marriott since 1992. Her decades of experience in financial positions with the hotel company include a stint as CFO of Marriott's U.S. and Canada operations.
On Jan. 1, 2026, Hill will become Marriott's executive vice president and chief development officer and report to Oberg until she departs, then to Capuano. Hill joined the company in 1997 and was a financial executive before joining the company's Asia-Pacific development team in 2005.
Mason and Hill "will bring an incredible depth of experience and demonstrated leadership to their roles, making them well positioned to drive Marriott's continued growth and success in the years to come," according to Capuano.
Source: Business Travel News