Starwood Hotels names Thomas Mangas as CEO

[BOSTON] Starwood Hotels & Resorts Worldwide Inc, which is being sold to Marriott International Inc for US$12.2 billion, said Thomas Mangas will be its new chief executive officer.

Mangas, who had been the lodging company's chief financial officer, will take on his new role at the end of this year, the company said in a statement today. Adam Aron, who was interim CEO, will leave at the end of this month to lead the operations at AMC Entertainment Holdings Inc.

Marriott's acquisition of Starwood is scheduled to be completed by mid-2016.

BLOOMBERG