Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 11, 2025, Kathleen K. Oberg, Chief Financial Officer and Executive Vice President, Development, of Marriott International, Inc. (“Marriott” or “the company”), notified Marriott of her intent to retire from the company. She intends to step down from her role as Chief Financial Officer and Executive Vice President, Development immediately following the date on which Marriott files its Annual Report on Form 10-K for fiscal year 2025 with the Securities and Exchange Commission and retire from the company on March 31, 2026.
On July 14, 2025, Marriott announced the appointment of Jennifer C. Mason as Executive Vice President and Chief Financial Officer of Marriott, effective upon Ms. Oberg’s stepping down as Chief Financial Officer. Ms. Mason, age 55, currently serves as the Global Officer, Treasurer and Risk Management for Marriott. Prior to her current role, which she has held since May 2022, she served as Marriott’s Chief Financial Officer, U.S. and Canada from 2016 to May 2022. Prior to these roles, Ms. Mason served as Senior Vice President, IT Business Partnership & Planning and Senior Vice President, Sales & Marketing Planning Support. In her first 16 years with Marriott, Ms. Mason held a number of positions of increasing responsibility in Internal Audit, Corporate Financial Planning & Analysis, Lodging Finance and Business Development. Ms. Mason earned her Bachelor of Science in Commerce with a concentration in finance from the University of Virginia, McIntire School of Commerce, and received her Master of Business Administration from The Wharton School, University of Pennsylvania.
Item 7.01. Regulation FD Disclosure.
A copy of the press release announcing the retirement of Ms. Oberg from the company, the appointment of Ms. Mason, and certain other company leadership appointments is furnished as Exhibit 99.1.
The information in this Item 7.01, including Exhibit 99.1, is being furnished and shall not be deemed incorporated by reference into any other filing with the Securities and Exchange Commission.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits. The following exhibits are furnished with this report:
|
|
|
99.1 |
|
Press release issued on July 14, 2025. |
|
|
104 |
|
The cover page from this Current Report on Form 8-K, formatted in Inline XBRL. |