Table of Biography
Arne Sorenson is an American hotel executive who was the president and chief executive officer of Marriott International. Arne Sorenson was a member of the board of directors of Microsoft Corporation and Walmart, and also a trustee of the Brookings Institution.
Early Life
Arne Sorenson was born on 13th October 1958 in Tokyo, Japan. He is currently 65 years old. He belongs to Japanese-American nationality and holds a Japanese-white ethnicity.
Likewise, his zodiac sign is Libra and follows the Christian religion. He was born to his father, Morris Bo Sorenson, Jr. who was a Lutheran pastor in Japan.
His mother, Dorothy Austin was a public school teacher. When Arne was seven years old, his family moved to the United States. Likewise, Sorenson grew up in Saint Paul, Minnesota.
Education
Talking about his educational status, in 1980, he graduated from Luther College with majors in business and religion.
Later in 1983, he went to the University of the Minnesota Law School to gain his J.D. degree. Previously, Arne studied in Washington D.C. with Latham and Watkins, and as the chief operating officer of Marriott.
Death
In the year 2019, it was announced that Arne was undergoing treatment for stage II pancreatic cancer at Johns Hopkins Hospital.
On 2nd February 2021, the company announced he would take a reduction in work hours to allow for treatment and spend time with his family.
Sadly, Sorenson passed away at the age of 62 on February 15, 2021, due to pancreatic cancer.
Arne Sorenson – Net Worth 2023
At the time of his death, his net worth was estimated around 181 million dollars.
He owns over 100,000 units of Marriott International stock worth over $137,218,648 and over the last 16 years, Arne sold MAR stock worth $30,616,122.
Besides that, he earns $13,435,900 as President, Chief Executive Officer, and Director at Marriott International.
Personal Life
Talking about the romantic and private life of Arne Sorenson, he was a married man. He tied the knot with Ruth Christenson in the year 1984.
When Sorenson was in Luther College, Ruth was working at her family’s ice cream parlor in Decorah, Iowa.
They had four kids named Astri, Esther, Isaac, and Lars. Moreover, Arne was not a part of controversy or rumors till his death.
Caption: Arne Sorenson with his wife, Ruth Christenson (Source: wp.stolaf.edu)
Career and Professional Life
Arne Sorenson started his career by working with the Washington, D.C.-based law firm ‘Latham & Watkins, where he became a partner specializing in mergers and acquisitions.
Then, Arne Sorenson became a senior vice president focusing on business development, such as mergers and acquisitions.
And, he also handled the company’s $1 billion acquisition of Renaissance Hotels. He became the chief financial officer and chief operating officer.
Similarly, in the year 2012, he becomes the president and chief executive officer. This personality was the first executive outside of the Marriott family to lead the company.
Likewise, he became the CEO of the company which was the $13 billion acquisition of Starwood Hotel Resorts Worldwide, which made the company the largest global hotel chain with more than 30 hospitality brands such as Sheraton, W Hotels, Ritz-Carlton, Westin, and many others.
Similarly, in the year 2018, a security breach exposed over 300 million people’s personal information, including credit card numbers, passport numbers, and other identifying information.
Also, he declared that he wouldn’t accept any compensation during the COVID-19 pandemic.
Awards
Arne Sorenson was nominated as ‘CEO of the Year’ by Chief Executive Magazine for 2019. Also, Sorenson was honored by Great Place to Work with the ‘CEO for the All Leadership Award for the year 2020.
Body Measurements
The details regarding his actual height and other body measurements are not publicly available. Likewise, he has dark brown eyes and black hair.
Arne Sorenson – Social Media
This American hotel executive is no more in this world. So, Sorenson is not active on any social media such as Facebook, Instagram, and Twitter.