Coronavirus: Marriott CEO Arne Sorenson says he will take no salary for the rest of 2020
‘Covid-19 is having a more severe and sudden financial impact on our business than 9/11 and the 2009 financial crisis combined.’
Marriot CEO says business down 75% across markets globally. Worst quarter during other downturns was 25% fall in biz. Says won't take salary for a year and executive team will take 50% cut
— Madhav Chanchani (@madhavchanchani) March 19, 2020
Nearly tears up towards the end. Remarkable way to communicate...hope our CEOs take a cue https://t.co/yqxSXTkOX8