Marriott International has announced that Leeny Oberg, CFO/EVP, development, has decided to retire effective March 31, 2026, after 26 years with the company. Two longtime Marriott veterans have been named her successors. Next year, Jen Mason will become the company’s CFO and Shawn Hill will take on the role of chief development officer.
Oberg has served as Marriott’s CFO since 2016. In February 2023, she was additionally tapped to lead the strategic growth of the company’s global lodging portfolio.
“Leeny’s focus on value creation is evident in everything she does,” said Anthony Capuano, president/CEO, Marriott International. “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. Leeny’s strength lies in the depth of her expertise, but also in her warmth, relatability and dedication to support those who work with her. As a result, she has built a deep bench of talented leaders who are ready to take the next steps on the exceptional path she has helped carve for Marriott. I am grateful to Leeny for helping to position the company so beautifully for this transition and for her many years of leadership and friendship.”
Oberg said, “It has been an honor to be part of the Marriott team and a privilege to serve as the company’s CFO for the past decade and the leader of the development organization over the past few years. Reflecting on my tenure, I am most proud of my teams and what we have accomplished together. While it’s never easy to leave a company and job you love, I have the utmost confidence in the leaders who will assume these roles and am very optimistic about the strategic path Marriott is on. I look forward to working collaboratively with them to ensure a smooth transition for the company.”
J.W. Marriott Jr., chairman emeritus, Marriott International, added, “Leeny has made substantial contributions to Marriott, including her incredible work on the Starwood acquisition and integration and her resolute navigation through the pandemic. Since she became CFO on January 1, 2016, the company has seen a significant increase in shareholder value, with the stock meaningfully outperforming the S&P 500. Leeny embodies our values and helped guide our culture throughout her career, and I am grateful for her leadership. She will be missed.”
Prior to being named Marriott’s CFO in 2016, Oberg served as the CFO for The Ritz-Carlton Hotel Company, where she contributed significantly to the brand’s performance, growth and organizational effectiveness. Earlier in her career at the company, she held a range of finance leadership positions, including SVP, Corporate and development finance and SVP, international project finance and asset management for Europe and the Middle East and Africa. Oberg first joined Marriott as part of its investor relations group in 1999.
Mason, a 33-year Marriott veteran, will assume her new role once Oberg steps down from that role. Mason joined Marriott in 1992 and currently serves as global officer, treasurer and risk management. In this role, she oversees global capital market activities and hotel financing, financial strategy and capital allocation, financial risk management and global capital transactions and treasury services. She is also responsible for the company’s risk management function including insurance, claims, business continuity and global safety and security.
Since joining Marriott in 1992, Mason has held several leadership roles, including CFO for the company’s largest segment, the U.S. & Canada division; SVP, IT business partnership & planning; and SVP, sales & marketing planning support. In her first 16 years with Marriott, she held a number of positions of increasing responsibility in internal audit, corporate financial planning & analysis, lodging finance and business development.
Hill will move into his new role on January 1, 2026, initially reporting to Oberg, and after Oberg steps down from her role, to Capuano. Hill, who has been with the company for nearly 28 years, is currently chief development officer for Marriott’s Asia-Pacific excluding China (APEC) region. In that role, he has been responsible for growing Marriott’s share meaningfully in the APEC region through new development, existing hotel conversions, franchising, branded residential and affiliations and licensing agreements with other travel brands and companies. During his tenure leading development for APEC, the region’s portfolio has grown from more than 465 open properties and 276 in the pipeline when he began to more than 635 open properties and another 383 properties in the pipeline as of March 31.
Hill started his career with Marriott in 1997. He worked at the company’s headquarters in Bethesda, MD, in accounting, finance and asset management before moving to Hong Kong to join the Asia-Pacific development team in 2005.
Upon assuming these roles, Mason and Hill will serve on Marriott’s executive leadership team and report to Capuano. Oberg will step down from her role following Marriott’s filing of its 2025 Annual Report on Form 10-K. She will remain with the company until March 31, 2026, to help ensure a smooth transition.
“I am thrilled to welcome Jen Mason as our new CFO and Shawn Hill as our new chief development officer upon their assumption of their new positions next year,” said Capuano. “Both 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. Jen’s strategic financial acumen and Shawn’s proven development expertise will help ensure that Marriott continues to lead the industry. I look forward to continuing to work closely with them as we build on our legacy of innovation and excellence.”
