WASHINGTON (BLOOMBERG) - Marriott International named Tony Capuano as chief executive officer, tapping the veteran development executive to lead the hotel giant's recovery from the Covid-19 pandemic. Mr Capuano, 55, will replace Arne Sorenson, who died at 62 after a battle with pancreatic cancer, according to a statement on Tuesday (Feb 23). He becomes just the fourth leader in the company's history and faces the daunting task of navigating a global crisis that has sapped travel demand and raised doubts about the long-term prospects for corporate travel. Mr Capuano was one of two executives running the company's day-to-day operations in recent weeks, after Mr Sorenson stepped back to undergo treatment. Stephanie Linnartz, the marketing and technology executive who was sharing those responsibilities, was named president, the company said in a statement. "The term that keeps popping into my head is resolve," Mr Capuano said in an interview. "It is humbling to be given responsibility for this great company, and bittersweet because I consider Arne a mentor and a friend. It's also really energizing." Largest Loss Last year was Marriott's worst ever, as the pandemic forced the company to...