Chief Financial Officer
Chris Devine is responsible for overseeing all of Pyramid’s finance, accounting, tax, reporting, treasury, risk management, information technology and legal/compliance functions. Mr. Devine has extensive experience with joint ventures, debt financing, loan restructuring, analyzing and assimilating large portfolios, acquisitions and dispositions as well as equity and debt offerings for publicly-traded REITs.
Mr. Devine previously spent nine years in public accounting working exclusively with real estate and hospitality companies. He was most recently a Senior Manager in the real estate group at PwC. He is a Certified Public Accountant in Massachusetts.
Mr. Devine joined Pyramid in 2007 and is based in Pyramid’s Boston headquarters.
Executive Vice President and Chief People Officer
Caroline Warren started her hospitality career as part of the opening team for the Hard Rock Hotel in Chicago serving as the Human Resources Coordinator and remained with the Hard Rock for 3 years, leaving as the Human Resources Director to join Pyramid's corporate office team as Human Resources Director.
During Ms. Warren’s tenure, she implemented Pyramid’s training system, PALMS (Pyramid Advanced Learning Management System), and was promoted to Director of Talent Development in 2007 where she oversaw training programs for all associates. In 2008 she was promoted to Vice President of Human Resources and oversaw HR operations for the managed Hotel Portfolio. Ms. Warren currently serves as Senior Vice President of Human Resources for Pyramid’s portfolio.
Ms. Warren joined Pyramid in 2005 and is based in Pyramid’s Boston headquarters.
Executive Vice President, Operations
Jim Merrill brings more than 25 years of hospitality experience to his position as Executive Vice President of Operations. He began his career with the Sonesta and Hyatt Corporations and then worked at Guest Quarters Hotels (later DoubleTree, Promus and Hilton Hotels) before joining Pyramid in 2004. He gained extensive operations experience working in several General Manager positions and multi-unit/regional roles leading into his most recent role as Pyramid’s Senior Vice President of Operations. In his current role, Jim is responsible for company operations, driving performance, and ownership relations.
Senior Vice President, Business Development and Acquisitions
John Hamilton has 25 years of experience sourcing, evaluating, underwriting, and executing hospitality real estate and management transactions. He has been associated with such prominent firms as Promus Hotels, Carnival Hotels & Resorts, DoubleTree Hotels, and Laventhol & Horwath. He is the former Senior Vice President, Business Development for Destination Hotels and Resorts (Lowe Hospitality Group) and was most recently President of Hospitality Management Liaison, a business development consulting firm.
Senior Vice President, Business Development & Acquisitions
Over the past 30 years, Chris Pfohl has been a successful developer, owner and operator of hotels throughout the United States leading the acquisition, development, and management contract process for over 140 hotels. Mr. Pfohl has formulated and executed strategic acquisition and development plans that have resulted in over $1 billion in hotel transactions.
As Senior Vice President of Business Development & Acquisitions, Mr. Pfohl is responsible for sourcing and handling acquisitions and new business. Previously, Mr. Pfohl was an Executive Vice President of Acquisition for Bentley Forbes Hospitality Group. Mr. Pfohl was responsible for the start-up of a new hospitality division with the goal of acquiring, developing, operating and asset managing four- and five-star hotel projects. In addition, Mr. Pfohl has held senior-level positions for Hilton, InterContinental, and DoubleTree Hotels, including oversight of managed development for Hilton Worldwide.
Previously, Mr. Pfohl purchased, owned, and operated a DoubleTree hotel in Wilmington, DE. He has also held several hotel operational and management positions including Regional Vice President and General Manager of 15 hotels with Winegardner Hammons and the Beacon Hotel Corporation.
Mr. Pfohl joined Pyramid in 2000 and is based in Pyramid’s Boston headquarters.
Senior Vice President, Finance
Jack Levy, Senior Vice President of Finance, brings over 35 years of hospitality finance experience to Pyramid. He has had extensive experience in the analysis and structuring of complex financial transactions in the hotel, real estate and leisure industries. He is the former Executive Vice President and Treasurer of the Pebble Beach Company and was the former Senior Vice President, Mergers and Acquisitions with Promus Hotel Company and Vice President of Strategic Planning for DoubleTree Hotels Corporation.
Mr. Levy is responsible for ongoing tracking of the valuation of Pyramid’s asset managed hotels, including projection of future income and capital expense requirements. He also participates in the annual budget review and periodic forecast updates for these hotels. He, together with his team of analysts, participated in the initial underwriting and debt restructuring of the Morgan Stanley resorts and L.A. Live’s JW Marriott and Ritz-Carlton Los Angeles and performed ROI analysis for entitlements and other asset managed value enhancement projects.
Mr. Levy joined Pyramid as a consultant in 2000 and as a full time employee in 2005. Mr. Levy is based in Pyramid’s Boston headquarters.
Senior Vice President, Operations
Chuck Freije brings over 25 years of hospitality experience to Pyramid. He has been a General Manager with DoubleTree Hotels and both an Area Managing Director and an Area Vice President with DoubleTree and Promus Hotels. He was General Manager of Colorado’s largest hotel and convention facility and an Area Managing Director for Hilton Hotels. Since joining Pyramid, Chuck has had experience as an Area Managing Director and most recently as Vice President of Operations for Pyramid’s multi-branded Northeast region. Chuck is a past President of the Denver Hotel and Lodging Association, served on the board of Directors for the Denver Metro Convention and Visitors Bureau and was on the Executive Board of the Denver Urban League. As Senior Vice President of Operations, Chuck is responsible for the operational performance of central and western properties, brand relationships and new project conversion.
Senior Vice President, Transitions and Pre-Opening Support
Tico Bevier has over 30 years of hospitality experience and has held senior-level positions with DoubleTree Hotels and Expotel. Mr. Bevier plays an active role in Pyramid’s growth through the acquisition and in-depth asset reviews of over 200 hotels. He oversees the hotel transition process of all Pyramid asset managed and managed hotels.
Mr. Bevier joined Pyramid in 2005 and is based in Pyramid’s Boston headquarters.
Senior Vice President, Project Management
Jay Pesci brings over 25 years project management and real estate development experience to Pyramid. Jay has been Vice President of design and construction for a REIT with a portfolio of over 35 million square feet, and was Vice President of development and construction with AIG Global Real Estate Investment Corp, planning and executing projects in all asset classes in North America, Europe, and Asia.
Jay holds a construction management degree from Central Connecticut State University, and his MBA from the University of Connecticut.
Senior Vice President, Operations
Jason Reader, Senior Vice President of Operations, brings over 20 years of operations experience to Pyramid. Jason served in multiple General Manager roles across the East Coast before joining Pyramid in 2004. During his tenure at Pyramid, Jason has held positions as General Manager, Area General Manager, Area Managing Director for the Southeast region, and most recently Vice President of Operations - East. In his current role as Senior Vice President of Operations, Jason is responsible for maximizing operational performance across the East portfolio.
Senior Vice President, Asset Management
David Newhart comes to Pyramid with over 35 years of hospitality experience, including senior level positions in operations and finance. Mr. Newhart has worked with Pyramid’s Chief Executive Officer, Richard Kelleher, since 1985 acting as Vice President of Finance and Hotel Operations at Pyramid’s predecessor companies with fiscal responsibility for 80 hotels with assets in excess of $2.5 billion and sales of over $1.2 billion. He oversaw the acquisition and transition of DoubleTree Hotels, Red Lion Hotels and the public offering of DoubleTree Hotels.
Following the offering, Mr. Newhart served as the Regional Vice President of Operations with direct management of the DoubleTree Guest Suites in Plymouth Meeting, Pennsylvania, and oversight of all financial performance, as well as employee and owner relations for seven other hotels; total annual revenue stream in excess of $100 million and total asset value of $500 million. Also during his tenure with Hilton Hotels Corporation, Mr. Newhart opened Philadelphia’s Hilton at the University of Pennsylvania where he served as General Manager of the AAA Four Diamond property for 10 years.
In his current role with Pyramid as Senior Vice President of Asset Management, Mr. Newhart oversees the asset managed portfolio with total annual revenue streams in excess of $600 million. He has direct oversight of large and complex hotels and resorts including JW Marriott Desert Ridge, JW Marriott Orlando Grande Lakes and The Ritz-Carlton Orlando Grande Lakes.
Mr. Newhart joined Pyramid in 2009 and is based in Pyramid’s Boston headquarters.
Senior Vice President, Sales, Marketing and Ecommerce
Jeff Weggeman has a deep and diverse experience in the hospitality industry. In addition to working as General Manager and Director of Sales & Marketing at a number of conference centers, he has also served as Vice President Sales, the Americas for Dolce, VP Sales & Marketing for Aramark and RVP Sales & Marketing for HEI Hotels. He is a graduate of the hospitality program at Widener University.
Vice President, Resort Operations
Paige Koerbel brings over 30 years of hotel management experience to his current role as Vice President of Resort/Specialty Assets Operations. He previously served in various property based executive leadership roles for resorts including the Doral Golf Resort and Spa, Turnberry Isle Miami, Marriott Sawgrass Golf Resort & Spa and most recently served as the Area Managing Director with oversight of the Hilton Daytona Beach. Paige also served as the Regional Vice President of Renaissance Hotels for Marriott. Paige joined Pyramid in 2014 and in his current role Paige is responsible for operations and revenue generation of Pyramid’s resort and specialty asset portfolio.
Senior Vice President, Sales and Marketing of Asset Management
Alan Bednowitz brings 25 years of sales and marketing experience to Pyramid. Alan was previously Senior Director for Memphis-based Promus National Sales and upon acquisition of the company by Hilton Hotels was responsible for the national sales organization overseeing the direct sales efforts of 40+ sales managers. In his current role as Senior Vice President of Sales and Marketing, Alan is responsible for daily revenues of Pyramid’s complex Resort portfolio with strategic oversight of transient and group revenues production, marketing and overall revenue generation.
Senior Vice President, New Business and Transitions
Senior Vice President Hotel Finance and Accounting
Tom has over 25 years of finance and accounting experience in a wide range of industries including: hospitality, manufacturing, distribution and professional services. Over the last 6 years, he was the Corporate Controller for the Dunkin Donuts distribution network.
As the Vice President of Hotel Finance and Accounting, Tom oversees the accounting and finance operations on all properties including budgeting, financial reporting, internal control, internal audit and team development.
Tom has an MBA from George Washington University and an MS in Accounting from Bentley University. He is a Certified Public Accountant in Massachusetts.
Mr. Anderson joined Pyramid in 2014 and is based in Pyramid’s Boston headquarters.