Marriott steps up diversity efforts.Marriott International Marriott International, Inc. (NYSE: MAR) is a worldwide operator and franchisor of a range of value and luxury hotels and related lodging facilities. Marriott currently has 2,300 accommodation properties in North America alone. Inc. has pledged $1 billion to minority- and women-owned suppliers and plans to double minority owners and franchisees in the next five years. The lodging giant invested $20 million in the Urban Lodging Fund of RLJ RLJ Regiment Limburgse Jagers (Dutch Army Regiment) RLJ Russian Language Journal RLJ Radio Limonadovy Joe (Czech Internet radio) RLJ Russian Livejournal Community (website) Development L.L.C., which was founded by former BET CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Robert L. Johnson Robert L. Johnson (born April 8, 1946) is an American businessman and the founder of Black Entertainment Television (BET), and was its chairman and chief executive officer. and owns four Marriott properties. Marriott also retained Ariel Capital (No. 1 on the BE ASSET MANAGERS list) to manage a 401(k) retirement plan fund and Williams Capital Management, a majority African American-owned investment adviser, to manage overnight cash investments. |
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