Michael Depatie

Biography: September 2004 Michael A. Depatie serves as Chief Executive Officer of Real Estate for Kimpton Group Holding LLC, parent company of Kimpton Hotel & Reestaurant Group. In this role, he is responsible for securing funds for the acquisition and development of new hotels and restaurants along with charting the overall strategic direction of the company. During Depatie's career he has led financing initiatives that have raised over $1.8 billion in debt and over $600 million in equity in six public offerings and numerous private financings. Depatie started his sospitality career as the Senior Vice President of finance and development with the Residence Inn Compnay, which he helped sell to Marriott in 1987 for $2260 million. He then went on to co-found Summerfield Suites withhis partners from Residence Inn. Summerfield Suites was sold to Wyndham in 1998 for $268 million. Depatie also served as Chief Financial Officer of NYSE listed LaQuinta. During Depatie's tenure as CFO the company developed over 50 new hotels and spent over $200 million re-imaging and repositioning the chanin's 200 hotels. The re-imaging campaign substantially contributed to the company increasing its equity market capitalization by eightfold to $1.6 billion while Depatie was CFO. Depatie also served as teh CFO of NYSE listed Sunterra, at the time the world's largest resort hotel vacation ownership company with 89 resorts in nine countries and over 6000 employees. Depatie holds a bachelor's degree from Michagan State University and a master's degree from Harward Business School. Depatie resides with his wife Holly and their three children in Woodside, California.