What does the CEO of Marriott make?

Title: What Does the CEO of Marriott Make?

Answering the Question

The CEO of Marriott, Arne Sorenson, has an annual salary of around $13 million. This includes a base salary, bonuses, and other compensations. It’s important to note that the total compensation varies from year to year, based on the company’s performance and other factors. Sorenson’s compensation is determined by the Board of Directors and is disclosed in the company’s annual proxy statement.

Overall, Sorenson is one of the highest-paid CEOs in the hotel industry, reflecting the size and global reach of Marriott International. His compensation package is a reflection of his leadership and the company’s performance, and it’s also in line with what other CEOs of large, multinational corporations earn.

FAQs About Marriott CEO’s Compensation

1. How does the CEO’s compensation compare to other top executives?

Sorenson’s compensation is significantly higher than the average employee at Marriott, as is the case with many large companies. However, it’s on par with what other CEOs of similar-sized companies make. The ratio of the CEO’s pay to that of the average employee is a point of discussion and debate in the business world.

2. What factors contribute to the CEO’s compensation package?

The CEO’s compensation is determined by a variety of factors, including the company’s performance, industry standards, the CEO’s individual performance, and the recommendations of the Board of Directors’ Compensation Committee. It’s a complex and comprehensive process that takes into account many different variables.

3. Are there any controversies surrounding the CEO’s compensation?

As with many large corporations, there are often discussions and debates about executive compensation. Some shareholders and stakeholders may feel that the CEO’s compensation is too high, while others may argue that it’s justified given the company’s success. It’s an ongoing topic of conversation within the business community.

4. How does the CEO’s compensation impact the company’s bottom line?

The CEO’s compensation is a significant expense for the company, but it’s also reflective of the value that a strong leader can bring to the organization. Ultimately, the Board of Directors and shareholders must weigh the cost of executive compensation against the CEO’s performance and the company’s overall success.

5. How does the CEO’s compensation compare to that of CEOs in other industries?

While $13 million is a substantial salary, it’s important to note that CEOs in other industries, such as technology, finance, and healthcare, often earn even higher salaries. Executive compensation varies widely by industry, company size, and other factors.

These are just a few of the frequently asked questions about the CEO of Marriott’s compensation. The topic of executive pay is complex and multifaceted, and it’s important to consider a variety of perspectives when discussing this issue. Ultimately, the CEO’s compensation is an important aspect of corporate governance and is subject to scrutiny and analysis.