Marriott International Announces Planned Retirement of CFO Leeny Oberg in 2026
Bethesda, MD – July 14, 2025 – Marriott International, Inc. (NASDAQ: MAR) today announced that Leeny Oberg, the company’s esteemed Chief Financial Officer and Executive Vice President, Development, plans to retire in 2026. This news marks a significant transition for the global hospitality leader as it prepares for a future leadership change.
Ms. Oberg, a highly respected figure within the company and the broader industry, has been instrumental in steering Marriott’s financial strategy and overseeing its extensive development pipeline for many years. Her tenure has been characterized by strong leadership, insightful financial management, and a keen understanding of the global hospitality landscape.
The company has indicated that the search for a successor is already underway, with a focus on identifying an individual with the experience and vision to continue Marriott’s legacy of growth and innovation. Marriott International has a robust succession planning process, and while Ms. Oberg’s retirement is still some time away, the proactive announcement allows for a smooth and thorough transition.
“Leeny has been an exceptional leader and a trusted advisor to me and the entire executive team,” said Anthony Capuano, President and Chief Executive Officer of Marriott International. “Her financial acumen, strategic insights, and dedication to our company’s success have been invaluable. We are immensely grateful for her many contributions and will miss her leadership immensely. We are committed to a thoughtful and comprehensive process to identify the right successor to build upon the strong financial foundation she has established.”
Throughout her distinguished career at Marriott, Ms. Oberg has played a critical role in the company’s strategic decisions, including major acquisitions and the continuous expansion of its portfolio of world-class brands. Her leadership in development has also been crucial in shaping Marriott’s global presence and ensuring its strategic growth in key markets worldwide.
While the exact date of Ms. Oberg’s retirement in 2026 is yet to be finalized, Marriott International is dedicated to ensuring a seamless handover of responsibilities, maintaining operational continuity and stakeholder confidence throughout the transition period. Further updates regarding the succession plan will be shared as appropriate.
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