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Fly News Breaks for December 24, 2019
Dec 24, 2019 | 06:34 EDT
Barclays analyst Anthony Powell raised his price target for Marriott International to $147 from $135 and keeps an Equal Weight rating on the shares. The analyst updated his model for the company's Q3 results and new forward guidance. The new price target reflects a roll over in valuation to 2021 from 2020.
News For MAR From the Last 2 Days
Feb 18, 2020 | 08:31 EST
Marriott International announced the appointment of Jim Scholefield as Chief Information and Digital Officer, or CIDO, effective February 24. In this role, Scholefield will be responsible for leading all aspects of the company's information technology and digital strategies. Scholefield will report to Stephanie Linnartz, Group President, Consumer Operations, Technology & Emerging Businesses. Most recently, Scholefield was Chief Information and Digital Officer at Merck & Co., one of the world's largest pharmaceutical companies. He led Merck's information technology and digital strategy to drive efficiencies, strengthen the security of the infrastructure and support the company's growth. Prior to Merck, Scholefield was Chief Information Officer at Nike, where he led digital transformation and enterprise IT capability improvements for critical infrastructure and state-of-the-art cybersecurity. He also spent five years as Chief Technology Officer at The Coca-Cola Company, leading the company's transformation to cloud technology, and held leadership roles at The Northern Trust Company and Ford Motor Company.