Kor Appoints Tom Hendrick EVP Acquisitions and Development
Hire Marks Second Mandarin Oriental Executive to Join Kor Team, as Company's Dynamic Expansion Conti
NOVEMBER 22, 2006. Jeffrey Smith, COO of The Kor Group, the Los Angeles-based hotel, real estate development and management firm, is pleased to announce the recent appointment of Tom Hendrick to the newly created position of Executive Vice President, Acquisitions and Development. Hendrick will be based out of Kor's office in Dallas-Forth Worth and will oversee hotel and resort acquisitions, development opportunities and third-party management agreements on a worldwide basis. Formerly the Vice President of Development for Mandarin Oriental Hotel Group, Hendrick began his official tenure with Kor on November 15 of this year. Last month The Kor Group appointed former Mandarin Oriental Vice President of Operations, Nicholas Clayton, as President of its hospitality division, Kor Hotel Group.
"Our executive team will be significantly enhanced by the addition of Tom and his immense talent,' said Smith in announcing the appointment. 'His impressive experience with other leading hotel companies brings valuable expertise and insight to Kor as we continue to initiate new ground-up projects and expand our hospitality portfolio both nationally and internationally."
Hendrick joins The Kor Group with over twenty years of experience in the hospitality industry. Over the course of his career, he has handled over $1 billion worth of development, finance, acquisition and dispositions transactions combined. Most recently, he was Vice President of Development for Mandarin Oriental Hotel Group, where he directed the company's new business development for the Americas.
In addition to his work with Mandarin Oriental, Hendrick has served in senior development positions for some the most successful hotel companies in the world, including Rosewood Hotels & Resorts as Vice President of Development, Regent International Hotels as Vice President of Development, Mariner Hotels (presently Remington Hotels) as Executive Vice President of Development and Wyndham Hotels & Resorts as Regional Vice President of Development.
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