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Bill Marriott steps down as CEO

windje2000

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Link to announcement

LINK
 

dioxide45

TUG Review Crew: Expert
TUG Member
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Location
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Resorts Owned
Marriott Grande Vista
Marriott Harbour Lake
Sheraton Vistana Villages
Club Wyndham CWA
Seeing as he will be 80 when he officially steps down and after 50 years of service to the company his father started, I guess the time has come. It had to come sometime.
 

gblotter

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Mountainside x 2
Maui Ocean Club x 2
Ko Olina Beach Club x 1
By chance, I had the opportunity to shake Bill Marriott's hand while at Ko Olina this past March. He was looking bent-over and somewhat frail. I'm not surprised by his retirement.
 

BocaBoy

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Grand Chateau
It does not sound like a full retirement for Bill Marriott, but rather a lessening of responsibilities. He will be executive chairman, which is a lot different than non-executive chairman. Most CEO's who step down and become chairman of the company are non-executive chairmen (no longer an employee), but an executive chairman normally means that the individual will remain an active employee, probably working closely with and advising the new CEO on a daily basis.
 

dioxide45

TUG Review Crew: Expert
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Marriott Harbour Lake
Sheraton Vistana Villages
Club Wyndham CWA
Funny thing is that when we would stay at Ocean Pointe, I would always see in the activities sheet "Friends of Bill W closed discussion group". I thought this has something to do with John Willard (Bill) Marriott. It wasn't until we were on our last cruise and saw on the activities sheet "Friends of Bill W" did I decide to actually Google it and found out what it was really about.:doh:
 

JimC

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Disney - AKV, BCV, OKW, VGC; Marriott - Canyon Villas/Shadow Ridge, Cypress Harbour
I wish him well and hope Marriott has a successful transition to the next generation of leadership.
 
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