Starwood Hotels & Resorts Worldwide has announced that Thomas Mangas, currently Executive Vice President and Chief Financial Officer, has been named Chief Executive Officer, effective December 31, 2015.
The appointment follows the resignation of Adam Aron, who is leaving Starwood at the end of the month to become Chief Executive Officer and President of AMC Entertainment Holdings, Inc.
Starwood continues to expect its previously announced acquisition by Marriott International Inc to close by mid-year 2016.
Mangas has been Executive Vice President and Chief Financial Officer since September 2014.
Prior to joining Starwood, Mangas he;d senior positions at Armstrong Floor Products, and Procter & Gamble.
Mangas added, “I am thrilled to take on this new role as we continue to provide our guests with Starwood’s unique brand of hospitality, grow our footprint around the globe, drive value for our hotel owners and shareholders, and ultimately bring together two great companies and the talent within. I look forward to continued partnership with Alan and Robyn, two longtime leaders who are examples of the strength of Starwood’s team.”
The company also announced that Alan Schnaid, currently Senior Vice President, Corporate Controller and Principal Accounting Officer of Starwood, will be appointed Chief Financial Officer, and Robyn Arnell, currently Vice President, Finance and Accounting Services, will assume the role of Corporate Controller.