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BreaKOUT SESSION: Supplier Diversity in Hospitality

Capstone Development

Norman Jenkins is the founder of Capstone Development. Prior to the launch of Capstone, Jenkins was Senior Vice President, North American Lodging Development, and a Corporate Officer of Marriott International, Inc. In his role as SVP, Jenkins led complex development projects including transaction structuring, financing, and real estate acquisition. Upon joining Marriott in 1992, Jenkins was a Senior Manager in Marriott’s Corporate Internal Audit group. His other executive roles include: Tax Director; Acquisition Executive; Finance Director; Vice President and CFO, Ramada International; Vice President, Global Operations, Ramada International; and Vice President, Owner and Franchise Services. Jenkins is a frequent industry conference speaker and serves on numerous boards.

Jenkins was also the architect of Marriott’s industry-leading Diversity Ownership Initiative (DOI). The DOI is responsible for doubling the number of diverse-owned Marriott hotels over a three-year period to 500 hotels, resulting in a diverse-owned company becoming Marriott’s second largest franchisee.

Jenkins began his professional career at McDonald’s Corporation, where he held management positions in finance and operations. He serves on a number of boards including the Howard University Board of Trustees, and the Suburban Hospital Board of Trustees. Jenkins holds a bachelor's degree in accounting from Howard University, an M.B.A. from the George Washington University, and is a certified public accountant. He resides in suburban Washington, D.C., with his wife and two children.