Stock in Wall Street Spotlight: Marriott International, Inc. (NASDAQ:MAR)

Financial

Marriott International, Inc. (NASDAQ:MAR) stock price moved ahead 0.80% from the mean of 20 days, -5.00% from 50 and separated -11.75% from 200 days average price. MAR stock scored of 1.41% and valued price at $116.89. There were 2437792 shares transacted in last trading period as compared to its an average volume of 2313.46K shares over last three months period. Marriott International a USA based Company, belongs to Services sector and Lodging industry.

Marriott International, Inc. (NASDAQ:MAR) reported that Amy McPherson, President and Managing Director of Europe, which encompasses the United Kingdom, Ireland and Continental Europe, will retire from the position effective the end of March 2019.  McPherson, who has been with the company for 32 years, is leaving to pursue two of her passions:  nurturing a start-up business in the UK, of which she is a principal investor, and spending more time with her family in the United States.

Amy McPherson, President and Managing Director of Europe, Marriott International, Inc.

Amy McPherson, President and Managing Director of Europe, Marriott International, Inc.

Arne Sorenson, President and Chief Executive Officer, Marriott International said “It’s hard to imagine life at Marriott without one of its most accomplished, home-grown leaders”. “Amy leaves an impressive track record of accomplishment. Under her leadership, Marriott has moved from number 10 in total rooms distribution in Europe to number 2 today – an achievement made all the more impactful because it happened against the backdrop of some of the most complicated economic and geopolitical times in Europe’s history. Amy has been a remarkable leader for Marriott in Europe – an incredible steward of our culture, the driving force behind our growth and innovation and a consummate professional. She will be missed.”

McPherson joined Marriott in 1986 and progressed through a succession of key positions that included Vice President of Finance and Business Development, Senior Vice President of Business Transformation and Integration, and Senior Vice President of Revenue Management.  This led to her promotion to Executive Vice President of Global Sales and Marketing, with responsibility for the company’s global and field sales, marketing, Marriott Rewards, revenue management, e-commerce, worldwide reservation sales and customer care, and sales channel strategy and analysis. In 2010, McPherson was promoted to her current role leading Marriott’s business in Europe.

The stock has changed -2.17% in one year period and YTD Performance clocked at -13.88%. Shares of the company returned 9.11% during the last five trading days and it returned -7.21% in past 30 trading days. It changed -9.48% over recent three months. Its price volatility for a month is at 2.79% and for a week, volatility remained at 3.39%. Its beta factor stands at 1.43. Company’s price to sales ratio for last 12 months was 1.83 while its price to book ratio for the most recent quarter was 14.54. Its Market Cap valued at $40131.84M.

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