Tags: romney | marriott | board

Romney Rejoins Marriott Board After Losing Bid for Presidency

Monday, 03 Dec 2012 03:45 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

Mitt Romney, this year’s Republican nominee for U.S. president, rejoined Marriott International Inc.’s board today, the hotelier said.

Romney previously served on the board of Marriott from 1993 to 2002 and January 2009 to January 2011, when he resigned prior to his campaign for the U.S. presidency, the Bethesda, Maryland- based company said in a statement. He lost the election last month to President Barack Obama.

“We will benefit from his tremendous energy and capability to guide long-term success in an increasingly complex business environment,” Chairman J.W. Marriott Jr. said of Romney in the statement.

Romney, co-founder of private-equity firm Bain Capital LLC, received $260,390 from stock owed to him as a director of Marriott, the largest publicly traded U.S. hotel chain, according to a report filed in June with the Federal Election Commission. J.W. Marriott was a Romney supporter who donated $1 million to Restore Our Future, a political action committee supporting his candidacy.

“It is an honor to once again be able to serve in the company of leaders like Bill Marriott and Arne Sorenson and to support the work of the tens of thousands of Marriott associates who make Marriott International the renowned success that it is,” Romney said in the statement.

 

© Copyright 2014 Bloomberg News. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Rasmussen Poll: Most Say Immigrant Kids Shouldn't Get Schooling

Thursday, 21 Aug 2014 18:50 PM

Most Americans don't think illegal immigrant children ought to be allowed to attend local schools, a new poll released T . . .

PJ Media's Simon: Jesse Jackson's Ferguson Comments 'Idiocy'

Thursday, 21 Aug 2014 17:33 PM

The Rev. Jesse Jackson's claim that there is no justification whatsoever for the shooting of Michael Brown is "idiocy,"  . . .

Federal Judge Strikes Down Florida's Gay Marriage Ban, Stays Ruling

Thursday, 21 Aug 2014 16:38 PM

A federal judge in north Florida on Thursday struck down the state's gay marriage ban as unconstitutional, but stayed th . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved