Marriott CEO, Arne Sorenson, Diagnosed with Cancer

Posted Tue, May 21st, 2019

Exceptional Risk Advisors Lloyds of London Coverholder

Marriott CEO, Arne Sorenson, Diagnosed with Cancer

Marriott CEO Diagnosed with Cancer

The 60-year-old President and CEO of Marriott International, Arne Sorenson, was recently diagnosed with stage 2 Pancreatic cancer. Mr. Sorenson plans to maintain his role while undergoing treatment. However, surgery is scheduled for later in the year and it's unknown if the executive will take a leave of absence. His latest accomplishments include overseeing the acquisition of Starwood Hotel & Resorts for $13.6 billion. According to Bloomberg.com, Mr. Sorenson's total compensation from 2018 was almost $13 million.

Read the full story here.

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Most often, a company's biggest asset rides the elevator every day and is driving the business forward. Mr. Sorenson's story is a reminder for advisors to re-evaluate the risk to key personnel and C-Suite executives by looking at how they are leveraged against the success of the company, and the impact should they not be able to perform their duties.

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