New CFO at Marriott International

Marriott International, Inc. is announcing significant new executive moves that it expects will position the company to expand its industry leadership and drive long-term profitability.
[private] Carl T. Berquist, executive vice president financial information and enterprise risk management, will become executive vice president and chief financial officer, reporting to Mr. Shaw.  Mr. Berquist will retain his role as the company’s principal accounting officer.

Mr. Berquist, who joined the company in December 2002, led an initiative to significantly expand effectiveness and transparency in financial analysis and reporting across the company. As CFO, he will oversee global finance, including financial reporting, project finance, financial planning, treasury, tax, audit, and risk management.[/private]