When hotel giant Marriott International needed a new board member last year, it nominated investment banker George Munoz, 51, an amiable, meticulous Texan who runs a private investment firm in Washington. It isn't hard to see why Munoz got the nod: he went to the right school (Harvard Law, class of '78), he knows the right people (Marriott CEO Bill Marriott is a friend), and he has managed multibillion-dollar portfolios. But Munoz doesn't simply fit the profile of the traditional corporate director: he's an expert on Latin America, where Marriott hopes to expand aggressively, and he's a CPA who can truly...
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