Marriott International announced that its board of directors declared a quarterly cash dividend of 40 cents per share of common stock. The dividend is payable on March 31, 2023, to shareholders of record as of February 24, 2023.

In addition, the Marriott board appointed current Chief Executive Officer (CEO), Anthony "Tony" Capuano, as President and CEO effective from February 24. 

As the company announced earlier, , Marriott's current President, Stephanie Linnartz, will be stepping down to become CEO of Under Armour. 

Marriott International, Inc., is based in Bethesda, Maryland, USA, and encompasses a portfolio of nearly 8,300 properties under 30 leading brands spanning 138 countries and territories.

Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world.