Marriott CEO Diagnosed With Pancreatic Cancer

Marriott has today issued a statement regarding the health of Arne Sorenson, who is the President & CEO of the company. On Wednesday 60 year old Sorenson was diagnosed with stage 2 pancreatic cancer.

Per the statement from Marriott:

Sorenson, 60, received the diagnosis from a medical team at Johns Hopkins Hospital in Baltimore after a series of tests. Sorenson will remain in his role while undergoing treatment.

In a message to Marriott International associates, Sorenson noted: “The cancer was discovered early. It does not appear to have spread and the medical team – and I – are confident that we can realistically aim for a complete cure. In the meantime, I intend to continue working at the company I love. Let me make one request, look ahead with me. We have great work underway at Marriott. I am as excited by what we can accomplish together as I have ever been.”

Sorenson’s treatment plan will begin next week with chemotherapy. His doctors anticipate surgery near year end 2019.

Here’s to hoping for a full and quick treatment and recovery for Sorenson. Good health eclipses everything, and situations like this really put into perspective what really matters.

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Michael Guest

Shaun, a public company like Marriott has a duty to its shareholders to disclose a serious illness of its CEO...particularly given that 1/4 of PC patients don't survive even one year. Presumably, Marriott has a board-approved succession plan in place and that in the event of the worst case scenario they could move forward without too much trouble. But if Sorensen passed away in six months and they hadn't disclosed his PC, I'm sure there would be a shareholder lawsuit.

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Shaun Guest

@eskimo Oh dear, oh dear..... Jokes on you, my friend. I retired from active work before my 36th birthday exactly because I risked investing in aussie and PNG mining shares (thank you Oil Search Ltd!). Greetings from near Eratap beach, which has far better weather than my dreary old hometown Melbourne. No sarcasm here. I genuinely wish you well in your investments and life.

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Eskimo Guest

I give all the best wishes to Arne for a full recovery, with or without him back at Marriott. @Shawn Stay away from the stock market and let others handle those investments. It's for your own good. Yes your Steve Jobs is a good example. The question is not Apple is still going strong without Jobs, but would it have been stronger? So go figure yourself what will happen, as history has shown, if you put Steve Jobs back into the equation. And I quote you "And don’t call other comments stupid. You just show who the REAL stupid one is!"

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Shaun Guest

@KeepingItReal Your logic is just so wrong. Just because a CEO of a Fortune 500 gets sick does NOT mean operations will get impacted. By definition these massive corporations are bigger than any one person, no matter if they're the head. By your logic; Boeing should suffer 25% stock devaluation just because its CEO has the flu; or American Express stops issuing cards until its CEO recovers from a broken leg. Do you get it now? Look at Apple. After Steve Jobs passed on the company is still going strong, because no matter how high profile or charismatic a company head may be, ultimately a corporation is bigger than the person. And don't call other comments stupid. You just show who the REAL stupid one is!

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Steven King New Member

I agree with BBK. There have been some incredibly insensitive and downright nasty comments about this. I despair that fellow humankind can think and act this way. My heartfelt best wishes to Arne and his family.

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