Arne Morris Sorenson, better known as Arne Sorenson, was a well-known American hotel operator who was born in Japan. He was best known as Marriott International’s President and Chief Executive Officer. He was a lawyer in Washington, D.C. at the time. Marriott’s Chief Operating Officer while at Latham and Watkins (a law firm specializing in mergers and acquisitions disputes). He was also a trustee of the Brookings Institution and a member of the boards of directors of Microsoft Corporation and Walmart. Unfortunately, he died of pancreatic cancer at the age of 62.
What was Arne Sorenson’s net worth?
Arne Sorenson was a well-known hotel operator who amassed a large fortune over the course of his profession and led a successful life. Arne Sorenson’s net worth was assessed to be $142 million by WallMine. He also held over 100,000 Marriott International stock units valued more than $98 million. He has sold MAR stock for more than $30 million in the last 15 years. In the year 2019, he made more than $13 million as President, Chief Executive Officer, and Director of Marriott International. He was the driving force behind Marriott’s $13 billion acquisition of Starwood Hotels & Resorts. He was receiving a sizable income from the corporation. From the time he began earning money until his death, he lived a lavish lifestyle.
Arne Sorenson, the CEO of Marriott, has died after a two-year fight with cancer:
Marriott International CEO Arne Sorenson died on Monday, February 15th, according to the firm. He had been diagnosed with pancreatic cancer and was having treatment for it. After acquiring Starwood Hotels & Resorts for $13 billion in 2016, he was praised with making Marriott International into the world’s largest hotel chain. Sorenson was diagnosed with stage 2 pancreatic cancer in May 2019, according to the hotel operator. It was announced earlier this month that the CEO will be temporarily reducing his work hours to accommodate more demanding treatment. J.W. In a statement released Tuesday, J.W. Marriott, Jr., the company’s executive chairman, said Sorenson was a “exceptional executive, but more than that, he was an exceptional human being.” “He had an uncanny ability to anticipate where the hospitality industry was headed and position Marriott for growth,” J.W. Marriott, Jr. said. “But the roles he relished the most were as a husband, father, brother, and friend.” Marriott, Jr. was also included. “We share your grief, and Arne will be sorely missed,” Marriott stated. A new CEO is anticipated to be chosen within the next two weeks.
What was the cause of Arne Sorenson’s death?
Arne Sorenson died on February 15, 2021, in his home in Washington, D.C. At the age of 62, he returned home. Pancreatic cancer was the reason of his death. It was revealed at the time that he would be treated for stage two pancreatic cancer at Johns Hopkins Hospital in 2019. As a result, he requested a work hour reduction from his employer in order to receive therapy and spend time with his family.
Known For:
As the President and Chief Executive Officer of Marriott International, he was a hotel executive.
Being a trustee of the Brookings Institution and a member of the board of directors of Microsoft Corporation and Walmart.
From where did Arne Sorenson come?
Arne Sorenson (birth name/real name: Arne Morris Sorenson) was born in Tokyo, Japan (birthplace/hometown) on October 13, 1958. His nationality was Japanese-American, and his ethnic origin was Japanese-White. His ethnicity was Asian. Last but not least, he celebrated his 62nd birthday. His zodiac sign was Libra, and he was a Christian. In terms of his family’s occupations, his father was a Lutheran pastor in Japan at the time of his birth, and his mother worked as a public school teacher. Information on his parents’ names is still being uncovered. Arne’s family moved back to the United States when he was seven years old, and he spent his youth in Saint Paul, Minnesota. In terms of his schooling, he earned a bachelor’s degree in business and religion from Luther College in Decorah, Iowa in 1980. He went on to get his J.D. as well. In 1983, he received his law degree from the University of Minnesota Law School.
How did Arne Sorenson’s career go?
Arne Sorenson began his legal career with the law firm “Latham & Watkins” in Washington, D.C. He specialized on mergers and acquisitions as a partner there.
He was then promoted to senior vice president, where he was responsible for company development as well as mergers and acquisitions.
He also oversaw the $1 billion purchase of Renaissance Hotels by the firm.
He later added the titles of chief finance officer and chief operating officer to his resume. In the year 21012, he was also named president and chief executive officer.
He was most known for being the CEO of Starwood Hotel & Resorts Worldwide, Inc., which was acquired for $13 billion, making it the world’s largest hotel company with more than 30 hospitality brands including Sheraton, W Hotels, Ritz-Carlton, and Westin, among others, and more than 1.4 million rooms. In 2018, a security breach exposed more than 300 million people’s personal information, including passport numbers, credit card numbers, and other identifying information.
During the COVID-19 pandemic, he declared that he would not accept any compensation.
He was also a member of the board of directors of Microsoft Corporation and Walmart, as well as the board of directors of the Special Olympics.
He was previously nominated “CEO of the Year” by Chief Executive magazine for 2019. He was also honored by Great Place to Work with the “CEO For All Leadership Award” for 2020.
He was a registered Democrat during his political career, but he donated to Mitt Romney’s 2012 presidential campaign. He was also an outspoken supporter of LGBT rights and a vocal critic of Indiana’s planned Religious Freedom Restoration Act.
Not only that, but he was one of a handful of CEOs who had advocated for a complete repeal of House Bill 2 in North Carolina.
He also spoke out against then-President Trump’s Executive Order 13769, which banned travel from seven Muslim-majority nations and was seen as potentially detrimental to the tourism business in the United States.
Who was Arne Sorenson’s wife?
Arne Sorenson was a husband and father. Ruth Christenson, his lovely wife, was his bride. When he was in Luther College, Christenson was working at her family’s ice cream parlor in Decorah, Iowa, and they met. Their wedding took place in the year 1984. Astri, Esther, Isaac, and Lars, the couple’s four children, were born to them. Prior to his death, the couple was living blissfully in their current situation. He was not gay and had a straight sexual orientation.
What is Arne Sorenson’s height?
Arne Sorenson, with his thin body build, stood tall at the right height for his body weight. His actual physique measurements have yet to be made public. Overall, he had a healthy figure and a charming personality that drew a large number of people to him. His eye color is dark brown, and his hair is salt & pepper.
Quick Facts About Arne Sorenson
Celebrated Name | Arne Sorenson |
---|---|
Age | 62 Years |
Nick Name | Arne Sorenson |
Birth Name | Arne Morris Sorenson |
Birth Date | 1958-10-13 |
Gender | Male |
Profession | Hotel Executive |
Birth Nation | Japan |
Place Of Birth | Tokyo |
Nationality | Japanese-American |
Race | Asian |
Ethnicity | Japanese-White |
Horoscope | Libra |
Religion | Christian |
College / University | Luther College |
University | University of Minnesota Law School |
Marital Status | Married |
Wife | Ruth Christenson |
Children | 4; Astri, Esther, Isaac, and Lars |
Sexual Orientation | Straight |
Net Worth | $142 Million |
Source of Wealth | Being an hotel executive |
Hair Color | Salt and Pepper |
Eye Color | Dark Brown |
Height | Perfect |
Cause Of Death | Pancreatic Cancer |
Death Date | 15th February 2021 |