Prior to the sale of Kimpton Hotel & Restaurant, LLC to London based IHG for $430 million in January 2015, Michael Depatie served as its President and Chief Executive Officer. Mike also served on the Kimpton Board of Directors. At the time of the sale, Kimpton was the world’s largest boutique hotel company with 62 hotels in 27 US cites with another 16 hotels under development. Under Mike’s more than decade of leadership, Kimpton was named to FORTUNE magazine’s list of 100 Best Companies to Work For list six times ranking 11th in 2015. Kimpton was also named by JD Power as the #1 hotel brand in Customer Satisfaction in the world in both 2013 and 2014. Depatie now serves as Managing General Partner of KHP Capital Partners overseeing the investment of over $1.1 billion of investor equity in Kimpton and other boutique hotel projects in five institutional funds.
After completing his MBA at the Harvard Business School in 1983, Mike started his career with the Trammell Crow Company. He went on to become the Senior Vice President of finance and development with the Residence Inn Company which he helped sell to Marriott in 1987. Mike then went on to co-found Summerfield Suites which was sold to Patriot American Corporation and subsequently to Hyatt. Mike also served as Chief Financial Officer of NYSE-listed La Quinta and Sunterra along with the private start-up internet and telecommunications companies All Advantage.com and Sigma Networks.
Mike is a member of the Advisory Boards of C.J. Segerstrom and Path North, where he is co-chairman. Mike is also on the Advisory Boards of Rocket Space, a co-working space technology accelerator, AutoCamp, a luxury “glamping” company, DocuSign (Nasdaq DOCU) and the Millennium School, a San Francisco based living lab Middle School in partnership with Stanford, UC Berkeley, UCSF and Columbia for incorporating social emotional learning and meditation into the way middle schoolers learn and relate to the world. Additionally, Mike is a Trustee for the Boys and Girls Club of San Francisco. He currently lives with his wife, Holly, in San Francisco.