Arne Sorenson, CEO of Marriott International, is sworn in during a Senate Homeland Security and Governmental Affairs Committee hearing on Capitol Hill, March 7, 2019 in Washington, DC. The committee heard testimony on investigations examining private sector data breaches. (Photo by Mark Wilson/Getty Images)
Video Ad Feedback
Marriott CEO Arne Sorenson dies at age 62
02:26 - Source: CNNBusiness
Top business news 16 videos
Arne Sorenson, CEO of Marriott International, is sworn in during a Senate Homeland Security and Governmental Affairs Committee hearing on Capitol Hill, March 7, 2019 in Washington, DC. The committee heard testimony on investigations examining private sector data breaches. (Photo by Mark Wilson/Getty Images)
Video Ad Feedback
Marriott CEO Arne Sorenson dies at age 62
02:26
Now playing
- Source: CNNBusiness
maternity leave still 2
Video Ad Feedback
How to craft the perfect maternity leave out of office message
01:33
Now playing
- Source: CNN
Microsoft AI model
Video Ad Feedback
CNN writer explains how Microsoft's new AI model works
02:20
Now playing
- Source: CNN
toyota david christ 01
Video Ad Feedback
Toyota sells only two electric vehicles. Executive insists they're not holding back
02:21
Now playing
- Source: CNN
sg brain implant 07
Video Ad Feedback
An implant in his brain lets him do incredible tasks with his thoughts
05:37
Now playing
- Source: CNN
DV Drone heat island 1
Video Ad Feedback
'We're cooking our cities': These drones map 150-degree temperatures in urban areas
03:43
Now playing
- Source: CNN
costco gold bars
Video Ad Feedback
Costco is running out of gold bars to sell. Financial expert reacts
01:22
Now playing
- Source: CNN
easter chocolate
Video Ad Feedback
The price of chocolate is soaring. Here's why
01:18
Now playing
- Source: CNN
SMR Piggy bank tuition
Video Ad Feedback
As college cost passes $90K, 'the middle class is losing ground'
04:17
Now playing
- Source: CNN
josh flagg 032924 cnc
Video Ad Feedback
'Million Dollar Listing LA' star reveals how clients are insuring homes amid rising rates
00:59
Now playing
- Source: CNN
wozniak
Video Ad Feedback
Apple co-founder calls out 'hypocrisy' of politicians calling for TikTok ban
02:06
Now playing
- Source: CNN
FILE PHOTO: Former U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, U.S., October 25, 2023. Dave Sanders/Pool via REUTERS/File Photo
Video Ad Feedback
Donald Trump may be on the verge of a massive financial win
02:52
Now playing
- Source: CNN
--FILE--Zhong Shanshan, Chairman of Nongfu Spring Co., Ltd., delivers a speech at a press conference in Beijing, China, May 6, 2013. Shares of Chinese bottled water giant Nongfu Spring surged more than 85% in their debut on the Hong Kong stock market. The stock opened at 39.80 Hong Kong dollars per share ($5.14), more than 85% higher than its initial public offering price of 21.50 Hong Kong dollars ($2.77). *** Local Caption *** fachaoshi (Photo by Jiang Xin/ChinaImages/Sipa USA)
Video Ad Feedback
See why some Chinese people are boycotting a popular brand
02:10
Now playing
- Source: CNN
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on January 3, 2024, in New York City. Wall Street stocks slumped to start Wednesday with all three major US indices in the red and key names such as Facebook parent Meta Platforms and Nvidia falling. (Photo by ANGELA WEISS / AFP) (Photo by ANGELA WEISS/AFP via Getty Images)
Video Ad Feedback
The stock market set a new record. Here's what that means for the economy
02:06
Now playing
- Source: CNN
ewaste 1
Video Ad Feedback
Why you should think twice before buying a new phone
02:16
Now playing
- Source: CNN
ROCK HILL, SOUTH CAROLINA - FEBRUARY 23: Republican presidential candidate and former President Donald Trump speaks during a Get Out The Vote rally at Winthrop University on February 23, 2024 in Rock Hill, South Carolina. Former President Trump is campaigning in South Carolina ahead of the state's Republican presidential primary on February 24. (Photo by Win McNamee/Getty Images)
Video Ad Feedback
Real estate CEO says Trump could sell Mar-a-Lago 'quickly' to secure $464 million bond
01:10
Now playing
- Source: CNN
New York CNN Business  — 

Marriott International’s president and CEO Arne Sorenson died Monday following a nearly two-year battle with pancreatic cancer, the hotel chain announced Tuesday.

The company announced two weeks ago that Sorenson was reducing his work schedule to continue cancer treatment, though it called his death “unexpected” in Tuesday’s press release. Sorenson was diagnosed with stage 2 pancreatic cancer In May 2019.

J.W. Marriott, Jr., the company’s executive chairman, said in a statement Tuesday that Sorenson was an “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. But the roles he relished the most were as husband, father, brother and friend,” J.W. Marriott, Jr., added. “We share your heartbreak, and we will miss Arne deeply.”

Sorenson was Marriott’s third CEO and the first from outside the founding family. He oversaw the $12 billion merger between Marriott and Starwood in 2016, and the company praised him for his “leadership on difficult national and global issues” –— including a March 2020 video statement about coronavirus that attracted worldwide attention.

Marriott (MAR) executives Stephanie Linnartz and Tony Capuano filled in for Sorenson during his leave and will continue to do so. A new CEO is expected to be named within the next two weeks, Marriott (MAR) said.