Marriott CFO Oberg to Retire in 2026

Marriott International CFO and EVP of development Leeny Oberg will retire on March 31, 2026, the company announced Monday. She'll be replaced by a pair of company veterans: global officer, treasurer and risk management Jen Mason and chief development officer for the Asia-Pacific excluding China Shawn Hill. 

Oberg has served as Marriott CFO since 2016 and as EVP of development since 2023, charged in the latter position with growing Marriott's global portfolio. She joined Marriott in 1999, serving in investor relations and financial management positions being named as CFO of Marriott's Ritz Carlton brand in 2013.

"Leeny’s focus on value creation is evident in everything she does," Marriott CEO Anthony Capuano said in a statement. "Whether it was navigating the pandemic successfully, enhancing the company’s cost competitiveness or having a disciplined and strategic approach to investing in growth, her impact on Marriott is long-lasting."

Upon Oberg's departure, she will be replaced as EVP and CFO by Mason, who has worked with Marriott since 1992. Her decades of experience in financial positions with the hotel company include a stint as CFO of Marriott's U.S. and Canada operations. 

On Jan. 1, 2026, Hill will become Marriott's EVP and chief development officer and report to Oberg until she departs, then to Capuano, according to the company. Hill joined the company in 1997 and was a financial executive before joining the company's Asia-Pacific development team in 2005.

Mason and Hill "will bring an incredible depth of experience and demonstrated leadership to their roles, making them well positioned to drive Marriott’s continued growth and success in the years to come," according to Capuano.