The company said its board, on the recommendation of the Nominating and Corporate Governance Committee, increased the board to thirteen (13) members on January 17, 2025 and elected Sean Tresvant as a director, effective February 12, 2025.

1. 01

   The company said its board, on the recommendation of the Nominating and Corporate Governance Committee, increased the board to thirteen (13) members on January 17, 2025 and elected Sean Tresvant as a director, effective February 12, 2025.

2. 02

   Marriott said it elected Sean Tresvant as an independent director. He is Chief Executive Officer of Taco Bell Corp., a wholly owned subsidiary of Yum! Brands. The company said he spent over 15 years at Nike, where he served as Chief Marketing Officer of the Jordan Brand, before joining Taco Bell.

3. 03

   The company said Tresvant's election expands the board to 13 directors, 10 of whom are independent. It said Tresvant is expected to be included in its slate of director nominees for the 2025 annual meeting of stockholders.

4. 04

   The company said Tresvant will receive non-employee director compensation under the director compensation practices described in its 2024 Proxy Statement. It also disclosed that there is no arrangement or understanding under which he was selected as a director, and that there are no related-party transactions above $120,000 involving him.

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Original filing

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