Three top executives at Pyramid Hotel Group will shift positions effective June 1: Principal, Co-founder and CEO Richard M. Kelleher will transition to chairman of the board; Principal, Co-founder and Chief Investment Officer Warren Q. Fields will become CEO; and Principal and Chief Operating Officer Jim Dina will join the group’s board of directors. Kelleher and Dina will remain closely involved with the business, according to the company.
Pyramid manages and asset manages more than 80 hotels and resorts in the United States, the Caribbean, the U.K. and Ireland.
“I am so proud of all we have accomplished over the past 20 years at Pyramid Hotel Group and very happy to have Warren expand his responsibilities,” said Kelleher. “Warren, Jim and I set out to create an exemplary hospitality company that would evolve with the industry and never compromise its foundational principles to deliver superior results and be a people-centric culture.”
Fields has served as chief investment officer since 1999, overseeing its portfolio growth through development, acquisitions, third-party management and asset management. In that role, he was responsible for business development, fundraising, acquisitions and new investment opportunities.
“It’s a privilege to take on the CEO role and build upon Pyramid Hotel Group’s strong legacy of professionalism, exceptional service, value creation and people-first mentality,” said Fields. “We have tremendous assets—our outstanding team members, properties and partners. I look forward to growing our success and I applaud Rick and Jim as they transition to new roles and appreciate their continued support and expertise to assist me as we move this great company forward.”
Prior to Pyramid Hotel Group, Fields worked as VP/development and operations at Promus Hotel Corp., which was sold to Hilton in 1998. Fields began his career at Beacon Hotel Corp., a predecessor company to Promus, where he served as VP/development for Guest Quarters Hotels, and later DoubleTree. In 1999, he formed Pyramid Hotel Group with Kelleher and Dina.
One of Pyramid's most recent turnaround projects, for which it received the HAMA Europe 2017 Asset Management Achievement Award, co-sponsored by Questex Hospitality Group (the parent company of Hotel Management) and HAMA Europe, was the Temple Bar Hotel in Dublin, Ireland.