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The board of directors of Marriott International has appointed Margaret M. McCarthy, executive VP at CVS Health Corporation, as an independent director of the company.
It also revealed that McCarthy will also be included in the company’s slate of nominees for election at Marriott’s upcoming 2019 Annual Meeting of Stockholders. Her appointment also expands the membership of the board to 14, 11 of whom are independent. She will also serve on the company’s audit committee.
McCarthy joined CVS Health through its acquisition of Aetna Inc. in 2018, where she had been executive VP of operations and technology since 2010. At Aetna, she also served as the company’s CIO and head of business solutions delivery. Prior to joining Aetna in 2003, she was a senior information and technology executive at Cigna Corp, Catholic Health Initiatives and Franciscan Health System, and a partner at Ernst and Young.
In her role at CVS Health, McCarthy has led the company’s technology transition following its acquisition of Aetna. As previously announced she will depart CVS Health in May.
Arne Sorenson, Marriott International president and CEO, said: “We’re thrilled to welcome Meg to our board. Her experience and expertise promise to make Meg a terrific addition to the Marriott board. I look forward to her insights and leadership as we work to build Marriott’s global hospitality brand.”
McCarthy currently serves on the board of directors of Brighthouse Financial, Inc. and First American Financial Corporation. She also serves on various advisory boards and councils, including the Financial Services Information Sharing and Analysis Center, MIT Center for Information Systems Research and the board of trustees of Providence College.
