33
Company Overview:
Executive Team Bios
David Capps – Senior Vice President of Development
David Capps joined Aimbridge in 2010 and has over 10 years of hospitality experience. Capps is responsible for identifying acquisition, management and
development activities. He plays a key role in fostering new joint venture opportunities, working with capital partners, lenders, brokers and brands. Prior to
joining Aimbridge, Capps worked with Merrill Lynch Capital and Merrill Lynch Global Banking Group for over 6 years as Assistant Vice President and Assistant
Finance Manager. While at Merrill Lynch Capital, he underwrote over $500 million of balance sheet and securitized loans for ground-up development,
repositioning and/or acquisition of hotel and resort properties in the form of first mortgages, B-notes and mezzanine debt. Prior to Merrill Lynch Capital, Mr.
Capps worked as Assistant Finance Manager for Merrill Lynch’s Global Banking Group, where he sourced and underwrote Corporate debt and equity
opportunities. Capps also completed the Credit Training Program at Amegy Bank in Houston. Mr. Capps holds a B.A. degree in Finance from the Bauer
College of Business at the University of Houston.
Rich Cortese – Senior Vice President Caribbean Operations & Development
Rich Cortese joined Aimbridge in 2009 and has 32 years of hospitality experience. Cortese is responsible for identifying prime resort and luxury investment
opportunities and oversight of resort hotel operations. Most of his more than 30 years of experience in the hotel industry has been centered on the Caribbean
Region. Prior to Aimbridge he was most recently Executive Vice President of Caribbean Property Group (CPG), where he had both management and asset
management responsibilities of their 750 million dollar hotel portfolio. This portfolio included the Ritz Carlton San Juan, Marriott Aruba, Radisson San Juan, a
Marriott Courtyard portfolio, and an independent Hotel in San Juan, The Normandie. Before his tenure with CPG, Cortese was responsible for overseeing the
El San Juan, El Conquistador and Conrad Plaza, the most successful resorts in Puerto Rico as well as a number of other Wyndham properties throughout the
Caribbean. Prior to Wyndham Resorts, Cortese was Senior Vice President - Operations of Atlantis Paradise Island and Corporate Food and Beverage
Director of Hyatt Hotel Corporation. Mr. Cortese holds a BBA from St. John’s University. In 2004, as Regional Vice President of Wyndham, Cortese was
chosen as Hotelier of the Year by the Puerto Rico Hotel Association where he serves as a board member and Chairman of its Gaming Committee. Cortese
was also appointed by the Governor of Puerto Rico to serve as a board member of the Puerto Rico Convention and Business Bureau.
Kevin Detz – Senior Vice President & Corporate Controller
Kevin Detz joined Aimbridge in 2014 and has over 12 years of experience in accounting and auditing. Detz is responsible for the company's operational
accounting including financial statement preparation, accounts payable, payroll, tax compliance and internal controls for all hotels under management. Prior
to joining Aimbridge, Detz was Vice President at Goldman Sachs in its hospitality group. While at Goldman Sachs, Detz’s primary responsibility was to
oversee the accounting of approximately 350 hotels. Detz oversaw the acquisition and transition of a large public hotel REIT into the Goldman Sachs
hospitality platform. Detz also managed the audit process for the hotel portfolios, which included the interpretation and application of technical accounting
releases. Prior to his time with Goldman Sachs, Detz was an Audit Manager for Ernst & Young, LLP in its South Florida offices. Detz’s client base included the
following industry types: real estate, retail and equipment rental. During his time with Ernst & Young, Detz was involved in several public debt and equity
offerings, including the lead role on an initial public offering. Detz started his career with Arthur Andersen, LLP before transitioning to Ernst & Young in 2002.
Mr. Detz graduated Magna cum Laude from Duquesne University in Pittsburgh, Pennsylvania with a B.S. in Business Administration. Detz is a licensed
Certified Public Accountant and a member of the AICPA.
