During his time at Marriott, Arne M. Sorenson held a notable number of shares in the company. His peak wealth was during the substantial hotel acquisition spree, especially after the merger with Starwood in 2016, where his holdings saw a...
During his time at Marriott, Arne M. Sorenson held a notable number of shares in the company. His peak wealth was during the substantial hotel acquisition spree, especially after the merger with Starwood in 2016, where his holdings saw a significant increase. However, upon his passing in early 2021, much of his wealth remained tied to Marriott's stock performance. In 2021, he had accumulated 205,067 shares, which encapsulated his commitment to the company's future. His holdings mirrored Marriott's position in the market, with fluctuations tied closely to the company's performance amid economic challenges. At a time of global pandemic, his financial picture was directly affected by how well Marriott navigated those turbulent waters, remaining resilient in a challenging industry.