In 2021, Arne M. Sorenson earned $11.82M in total compensation at Marriott International, primarily from $321.06K salary. Most recently acquired 216 shares in Jan 2021. Currently holds stock worth $278.35M. Led Marriott International as CEO for 8 years.
Compensation History
Annual executive compensation data for Arne M. Sorenson, including salary, bonuses, and stock awards.
Year
2021
Total Compensation
$11.82M
Salary
$321.06K
Bonus
$0.00
Other
$11.50M
Salary
$321.06KBoard Justification
Marriott's compensation philosophy emphasizes a strong correlation between executive pay and company performance, focusing on long-term stockholder value and competitive market practices.
Bonus
$0.00Board Justification
No bonus was paid out in 2021 as Mr. Sorenson passed away in February 2021.
Other Compensation
$11.50MBoard Justification
A one-time cash payment in lieu of the 2021 stock award was made to Mr. Sorenson's estate.
Restricted Stock
Board Justification
The vested stock represents the total of outstanding PSUs that vested upon Mr. Sorenson's passing.
Performance Metrics
The performance metrics for determining compensation include Adjusted EBITDA, strategic goals aligned with the company's recovery theme, and diversity and inclusion objectives.
Arne M. Sorenson
Ex-CEO of Marriott International
Education
None specified
Field of Expertise
Legal & Compliance - Law
Sector of Economy
Consumer Cyclical
Born
October 13, 1967 - 58 years ago
CEO of Marriott International for
8 years 10 months (Mar 2012 - Feb 2021)
Previous Experience
Joined Marriott in 1996 as Senior Vice President and Associate General Counsel
Holdings
Track Arne M. Sorenson's stock holdings and portfolio value over time.
Total Stock Sold
$101.67M
$101.67M
1,700,501 MAR shares
What if they kept their stock?
If Arne M. Sorenson didn't sell their stock, today they would have:
Extra MAR1,700,501 shares worth $502.84M.
This is 394.6% and $401.17M more than what they got when they sold the stock.
Insider Trading
Arne M. Sorenson's recent stock transactions, purchases, and sales filed with the SEC.
216 shares
MSFT
Jan 29, 2021
Received
$12.87M
MAR at $128.72/share
Dec 28, 2020
Sale
231 shares
MSFT
Dec 1, 2020
Received
233 shares
MSFT
Sep 4, 2020
Received
273 shares
MSFT
Jun 4, 2020
Received
18,726 shares
MAR
Mar 2, 2020
Received
46,996 shares
MAR
Feb 18, 2020
Received
293 shares
MSFT
Jan 31, 2020
Received
47,824 shares
MAR
Dec 11, 2019
Received
$6.80M
MAR at $142.26/share
Dec 11, 2019
Sale
Rivals
Compare Arne M. Sorenson with competitor CEOs and industry peers.
Christopher J. Nassetta
CEO of Hilton Worldwide
2023 Compensation
Stock
$32.00M
Salary
$1.30M
Bonus
$0.00
Other
$729.69K
Total Holdings
$105.41M
Patrick S. Pacious
CEO of Choice Hotels International
2022 Compensation
Stock
$0.00
Salary
$1.13M
Bonus
$0.00
Other
$251.87K
Total Holdings
$197.73M
Keith E. Smith
CEO of Boyd Gaming
2023 Compensation
Stock
$16.70M
Salary
$1.55M
Bonus
$0.00
Other
$26.16K
Total Holdings
$239.98K
Glenn Fogel
CEO of Booking Holdings Inc.
2024 Compensation
Stock
$0.00
Salary
$1.17M
Bonus
$4.86M
Other
$10.59K
Total Holdings
$1.74B
Mark Hoplamazian
CEO of Hyatt Hotels
2023 Compensation
Stock
$0.00
Salary
$1.36M
Bonus
$2.59M
Other
$43.89K
Total Holdings
$2.62M