Marriott International Files 2024 Proxy Statement

Ticker: MAR · Form: DEF 14A · Filed: 2024-03-27T00:00:00.000Z

Sentiment: neutral

Topics: proxy-statement, corporate-governance, sec-filing

TL;DR

Marriott's proxy statement is in, shareholders get the details on exec pay & board picks.

AI Summary

Marriott International Inc. filed its DEF 14A proxy statement on March 27, 2024, for the fiscal year ending December 31, 2023. The filing, which is a definitive proxy statement, details information required for the company's annual meeting and shareholder votes. Marriott International, headquartered in Bethesda, MD, is a major player in the hotels and motels industry.

Why It Matters

This filing provides shareholders with crucial information regarding executive compensation, board nominations, and other corporate governance matters, enabling informed voting decisions.

Risk Assessment

Risk Level: low — DEF 14A filings are routine disclosures and do not inherently present new risks.

Key Numbers

Key Players & Entities

FAQ

What is the purpose of a DEF 14A filing?

A DEF 14A filing, also known as a Proxy Statement, is required by the SEC to provide shareholders with information necessary to vote on matters at the company's annual meeting, such as the election of directors and executive compensation.

When was this DEF 14A filed by Marriott International?

This DEF 14A filing was filed on March 27, 2024.

What is Marriott International's primary business classification?

Marriott International is classified under 'HOTELS & MOTELS' with the Standard Industrial Classification code 7011.

Where is Marriott International's principal business address?

Marriott International's principal business address is 7750 Wisconsin Avenue, Bethesda, MD 20814.

What is the SEC file number for Marriott International?

The SEC file number for Marriott International is 001-13881.

From the Filing

0001140361-24-015465.txt : 20240327 0001140361-24-015465.hdr.sgml : 20240327 20240327090407 ACCESSION NUMBER: 0001140361-24-015465 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 90 CONFORMED PERIOD OF REPORT: 20240510 FILED AS OF DATE: 20240327 DATE AS OF CHANGE: 20240327 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MARRIOTT INTERNATIONAL INC /MD/ CENTRAL INDEX KEY: 0001048286 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 522055918 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-13881 FILM NUMBER: 24786010 BUSINESS ADDRESS: STREET 1: 7750 WISCONSIN AVENUE CITY: BETHESDA STATE: MD ZIP: 20814 BUSINESS PHONE: 3013803000 MAIL ADDRESS: STREET 1: 7750 WISCONSIN AVENUE CITY: BETHESDA STATE: MD ZIP: 20814 FORMER COMPANY: FORMER CONFORMED NAME: NEW MARRIOTT MI INC DATE OF NAME CHANGE: 19971023 DEF 14A 1 ny20015439x1_def14a.htm DEF 14A TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (RULE 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant ☒ ​ ​ Filed by a party other than the Registrant   ☐ Check the appropriate box:   ☐ ​ ​ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☒ ​ ​ Definitive Proxy Statement   ☐ ​ ​ Preliminary Proxy Statement   ☐ ​ ​ Definitive Additional Materials   ☐ ​ ​ Soliciting Material Under §240.14a-12 Marriott International, Inc. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): ☒ ​ ​ No fee required.   ☐ ​ ​ Fee paid previously with preliminary materials.   ☐ ​ ​ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. TABLE OF CONTENTS   TABLE OF CONTENTS Letter from Our Chairman and Lead Independent Director Dear Stockholder: The Board of Directors is incredibly proud of the work Marriott and its associates have done to fulfill the company’s purpose of connecting people through the power of travel and to advance the company’s Growing Forward strategy. Last year, the company again delivered excellent results and strong growth, as outlined in more detail in this proxy statement and the accompanying Annual Report, and returned over $4.5 billion to stockholders through dividends and share repurchases. Looking ahead, we remain committed to our proven, asset-light business model and investing in our business in ways that enhance stockholder value. The Board remains focused on overseeing the enablers that support the company’s strategy and growth. We are excited about the continued growth of our business through technology and innovation, including our comprehensive, multi-year digital and technology transformation – designed to elevate the customer experience, empower associates, and deliver more for our owners and franchisees. We are committed to embedding sustainability in our operations – recognizing that serving our world helps the communities where we operate and is also good business. We are rigorous in our attention to overseeing regulatory and other risks – knowing that how we do business is as important as the business we do. It is our pleasure to invite you to our 2024 Annual Meeting of Stockholders on May 10, 2024, beginning at 8:30 a.m. Eastern Time. The meeting will be a virtual meeting conducted via audio webcast. Information on how to attend, submit questions, and vote during the m

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