J.W. Marriott, Jr.
| Bill Marriott | |
|---|---|
| Born |
John Willard Marriott Jr. March 25, 1932 Washington, D.C. |
| Occupation | Executive Chairman and Chairman of the Board of Marriott International |
| Net worth |
 $2.2 Billion |
| Political party | Republican |
| Spouse(s) | Donna Garff |
| Children | 4 |
| Website | Marriott International |
John Willard "Bill" Marriott Jr. (born March 25, 1932) is an American businessman who is the Executive Chairman and Chairman of the Board of Marriott International.
Marriott was born in Washington, D.C., the son of Alice and J. Willard Marriott, the founder of Marriott International. He attended St. Albans School in Washington, DC, and earned a Bachelor of Science degree in finance from the University of Utah, where he became a member of the Sigma Chi Fraternity. He served on an aircraft carrier as an officer in the United States Navy Supply Corps. He is also an Eagle Scout and recipient of the Distinguished Eagle Scout Award.
Marriott has described how he learned a lifelong management lesson from an offhand remark made by President Dwight D. Eisenhower when he and his wife, Mamie, were guests at the house of Marriott's father in 1954. When Eisenhower was given the option to either go outside and shoot quail in the cold or stand by the fire, he turned to 22-year-old Bill Marriott and simply asked, "What do you think we should do?" Says Marriott, "So I tried to adopt that style of management as I progressed in life by asking my people, 'What do you think?'...The four most important words in the English language are, 'What do you think?' "
Marriott joined the Marriott Corporation in 1956, was elected Executive Vice President and member of the Board of Directors in January 1964 and president of the company in November 1964, Chief Executive Officer in 1972, and Chairman of the Board in 1985. During his tenure at Marriott, Bill introduced the practice of Revenue Management to the hotel industry.
Marriott is actively involved in various boards and councils including, the U.S. Travel and Tourism Promotional Advisory Board, the executive committee of the World Travel and Tourism Council, the National Business Council, the board of trustees of the National Urban League, a director of the National Geographic Society, and a director of the Naval Academy Endowment Trust. He serves as chairman of the President's Export Council, a group that advises the President on matters relating to export trade, and serves as chairman of the Leadership Council of the Laura Bush Foundation for America's Libraries.
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