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Marriott International Elects Sean Tresvant to Board of Directors

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Marriott International (NASDAQ: MAR) has elected Sean Tresvant, CEO of Taco Bell Corp., as an independent director effective February 12, 2025. Tresvant will be included in the company's slate of nominees for the 2025 annual meeting of stockholders.

As Taco Bell's CEO, Tresvant has led significant company transformations, expanding domestic and international presence, increasing brand awareness through initiatives like Taco Bell's Taco Tuesday, and growing in-store and digital sales. Prior to Taco Bell, he spent over 15 years at Nike, ultimately serving as Chief Marketing Officer for the Jordan Brand.

With Tresvant's election, Marriott's board will expand to 13 directors, with 10 being independent. His appointment brings expertise in growth strategies, franchise operations, and brand development to Marriott's leadership structure.

Marriott International (NASDAQ: MAR) ha eletto Sean Tresvant, CEO di Taco Bell Corp., come direttore indipendente a partire dal 12 febbraio 2025. Tresvant sarà incluso nella lista delle nomine dell'azienda per l'assemblea annuale degli azionisti del 2025.

Come CEO di Taco Bell, Tresvant ha guidato significative trasformazioni aziendali, espandendo la presenza nazionale e internazionale, aumentando la consapevolezza del marchio attraverso iniziative come il Taco Tuesday di Taco Bell, e facendo crescere le vendite sia in negozio che digitali. Prima di Taco Bell, ha trascorso oltre 15 anni in Nike, servendo infine come Chief Marketing Officer per il marchio Jordan.

Con l'elezione di Tresvant, il consiglio di Marriott si espanderà a 13 direttori, di cui 10 saranno indipendenti. La sua nomina porta competenze in strategie di crescita, operazioni in franchising e sviluppo del marchio nella struttura di leadership di Marriott.

Marriott International (NASDAQ: MAR) ha elegido a Sean Tresvant, CEO de Taco Bell Corp., como director independiente a partir del 12 de febrero de 2025. Tresvant será incluido en la lista de nominados de la empresa para la reunión anual de accionistas de 2025.

Como CEO de Taco Bell, Tresvant ha liderado transformaciones significativas en la empresa, expandiendo la presencia nacional e internacional, aumentando la conciencia de marca a través de iniciativas como el Taco Tuesday de Taco Bell, y creciendo las ventas en tienda y digitales. Antes de Taco Bell, pasó más de 15 años en Nike, ocupando finalmente el cargo de Chief Marketing Officer para la marca Jordan.

Con la elección de Tresvant, la junta de Marriott se expandirá a 13 directores, de los cuales 10 serán independientes. Su nombramiento aporta experiencia en estrategias de crecimiento, operaciones de franquicia y desarrollo de marca a la estructura de liderazgo de Marriott.

메리어트 인터내셔널 (NASDAQ: MAR)는 타코벨 코퍼레이션의 CEO인 숀 트레반트를 2025년 2월 12일부터 독립 이사로 선임했습니다. 트레반트는 2025년 주주 연례 회의의 회사 후보 명단에 포함됩니다.

타코벨의 CEO로서 트레반트는 국내외 존재감을 확장하고, 타코벨의 타코 화요일과 같은 이니셔티브를 통해 브랜드 인지도를 높이며, 매장과 디지털 판매를 증가시키는 등의 중요한 회사 변화를 이끌어왔습니다. 타코벨 이전에는 15년 이상 나이키에서 근무하며 최종적으로 조던 브랜드의 최고 마케팅 책임자로 재직했습니다.

트레반트의 선임으로 메리어트 이사회는 13명의 이사로 확대됩니다, 이 중 10명이 독립적입니다. 그의 임명은 메리어트의 리더십 구조에 성장 전략, 프랜차이즈 운영 및 브랜드 개발에 대한 전문성을 제공합니다.

Marriott International (NASDAQ: MAR) a élu Sean Tresvant, PDG de Taco Bell Corp., en tant que directeur indépendant, à compter du 12 février 2025. Tresvant sera inclus dans la liste des candidats de l'entreprise pour l'assemblée annuelle des actionnaires de 2025.

En tant que PDG de Taco Bell, Tresvant a dirigé d'importantes transformations de l'entreprise, élargissant la présence nationale et internationale, augmentant la notoriété de la marque grâce à des initiatives telles que le Taco Tuesday de Taco Bell et accroissant les ventes en magasin et numériques. Avant Taco Bell, il a passé plus de 15 ans chez Nike, servant finalement en tant que directeur marketing de la marque Jordan.

Avec l'élection de Tresvant, le conseil d'administration de Marriott sera élargi à 13 directeurs, dont 10 seront indépendants. Sa nomination apporte une expertise en stratégies de croissance, opérations en franchise et développement de la marque à la structure de leadership de Marriott.

Marriott International (NASDAQ: MAR) hat Sean Tresvant, CEO von Taco Bell Corp., zum unabhängigen Direktor gewählt, mit Wirkung zum 12. Februar 2025. Tresvant wird im Nominierungsblatt des Unternehmens für die Hauptversammlung der Aktionäre 2025 enthalten sein.

Als CEO von Taco Bell hat Tresvant bedeutende Unternehmensveränderungen geleitet, die nationale und internationale Präsenz erweitert, das Markenbewusstsein durch Initiativen wie Taco Bells Taco Tuesday erhöht und die Verkaufszahlen im Geschäft und digital gesteigert. Vor Taco Bell verbrachte er über 15 Jahre bei Nike und diente zuletzt als Chief Marketing Officer der Jordan-Marke.

Durch die Wahl von Tresvant wird der Vorstand von Marriott auf 13 Direktoren erweitert, von denen 10 unabhängig sind. Seine Ernennung bringt Fachwissen in Wachstumsstrategien, Franchise-Betrieb und Marktentwicklung in die Führung von Marriott ein.

Positive
  • Board expansion strengthens corporate governance with addition of experienced CEO
  • Addition of director with proven track record in digital sales growth and brand development
  • Increased board independence with 10 out of 13 directors being independent
Negative
  • None.

BETHESDA, Md., Jan. 21, 2025 /PRNewswire/ -- The board of directors of Marriott International, Inc. (NASDAQ: MAR) today announced the election of Sean Tresvant, Chief Executive Officer of Taco Bell Corp., a wholly owned subsidiary of Yum! Brands, Inc., as an independent director of the company, effective February 12, 2025. Mr. Tresvant is expected to be included in the company's slate of nominees for election at its upcoming 2025 annual meeting of stockholders.

"We are thrilled to welcome Sean to Marriott's board of directors," said David Marriott, Chairman of the Board for Marriott International. "In his time at Taco Bell, Sean has overseen some of the company's most innovative transformations. He expanded Taco Bell's presence both domestically and internationally, raised brand awareness through successful initiatives like Taco Bell's Taco Tuesday, and has grown the company's in-store and digital sales while strengthening and deepening its brand loyalty and franchise network. Sean's leadership has helped the company focus on continuous growth while keeping culture front of mind—taking care of associates, customers, franchisees, and the communities they serve. As Marriott focuses on innovating for the future, Sean will be a valuable addition to our board."

As the CEO of Taco Bell, Mr. Tresvant drives growth strategies, franchise operations, and overall company performance.  He is transforming the business and accelerating profitable growth while keeping social impact at the core of the brand. Mr. Tresvant also holds the position of Vice Chairman of the Taco Bell Foundation and is a founding member of the Black Executive CMO Alliance (BECA) where he advocates for opportunity and access for Black marketing professionals. Before joining Taco Bell, Mr. Tresvant spent over 15 years at Nike, culminating in the role of Chief Marketing Officer for the Jordan Brand. There, he was responsible for overseeing and setting the consumer journey and execution of brand campaigns, product marketing, creative collaborations, athlete sponsorships, and omni-channel marketplace design. He also held positions at Time Inc.'s Sports Illustrated brand and PepsiCo.

Born and raised in Seattle, Mr. Tresvant received his MBA from Seattle University and his BA and MA in Communications from Washington State University, where he also played basketball for the Cougars.

With the election of Mr. Tresvant, the Marriott International board will expand to 13 directors, 10 of whom are independent. The members of Marriott International's board of directors will be:

  • David S. Marriott, Chairman of the Board; Former President, U.S. Full Service Managed by Marriott, Marriott International, Inc.
  • Anthony G. Capuano, President and Chief Executive Officer, Marriott International, Inc.
  • Isabella D. Goren, Former Chief Financial Officer, American Airlines, Inc. and AMR Corporation
  • Deborah Marriott Harrison, Global Cultural Ambassador Emeritus, Marriott International, Inc.
  • Frederick A. Henderson, Marriott International's Lead Director; Former Chairman and Chief Executive Officer, SunCoke Energy, Inc.
  • Lauren R. Hobart, President and Chief Executive Officer, DICK'S Sporting Goods
  • Debra L. Lee, Former Chairman and Chief Executive Officer, BET Networks
  • Aylwin B. Lewis, Former Chairman, President and Chief Executive Officer, Potbelly Corporation
  • Margaret M. McCarthy, Former Executive Vice President, CVS Health Corporation
  • Grant F. Reid, Former President and Chief Executive Officer, Mars, Incorporated
  • Horacio D. Rozanski, Chairman, Chief Executive Officer and President, Booz Allen Hamilton Inc.
  • Susan C. Schwab, Professor Emerita, University of Maryland and Former U.S. Trade Representative
  • Sean C. Tresvant, Chief Executive Officer, Taco Bell Corp.

NOTE ON FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking statements" within the meaning of federal securities laws, including statements related to the anticipated benefits of the addition of Mr. Tresvant to the board; expected director nominees for election at the company's upcoming 2025 annual meeting of stockholders; and similar statements concerning anticipated future events and expectations that are not historical facts. We caution you that these statements are not guarantees of future performance and are subject to numerous evolving risks and uncertainties that we may not be able to accurately predict or assess, including the risk factors that we describe in our U.S. Securities and Exchange Commission filings, including our most recent Annual Report on Form 10-K or Quarterly Report on Form 10-Q. Any of these factors could cause actual results to differ materially from the expectations we express or imply in this press release. We make these forward-looking statements as of the date of this press release and undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

ABOUT MARRIOTT INTERNATIONAL, INC.
Marriott International, Inc. (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of nearly 9,100 properties across more than 30 leading brands in 142 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company offers Marriott Bonvoy®, its highly awarded travel program. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com. In addition, connect with us on Facebook and @MarriottIntl on X and Instagram.

Marriott encourages investors, the media, and others interested in the company to review and subscribe to the information Marriott posts on its investor relations website at www.marriott.com/investor or Marriott's news center website at www.marriottnewscenter.com, which may be material. The contents of these websites are not incorporated by reference into this press release or any report or document Marriott files with the SEC, and any references to the websites are intended to be inactive textual references only.

IRPR#1

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SOURCE Marriott International, Inc.

FAQ

When will Sean Tresvant join Marriott International's (MAR) board of directors?

Sean Tresvant will join Marriott International's board of directors effective February 12, 2025.

How many independent directors will MAR have after Tresvant's appointment?

After Sean Tresvant's appointment, Marriott International will have 10 independent directors out of a total of 13 board members.

What is Sean Tresvant's current role before joining MAR's board?

Sean Tresvant is currently the Chief Executive Officer of Taco Bell Corp., a subsidiary of Yum! Brands, Inc.

What experience does the new MAR board member Sean Tresvant bring?

Tresvant brings experience in growth strategies, franchise operations, digital sales growth, and brand development from his roles as Taco Bell CEO and former Nike Jordan Brand CMO.

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