SEATTLE--(BUSINESS WIRE)--Officials of The Dow Hotel Company (DHC), a leading national hotel owner/investor and operator, today promoted Steve Griffin to executive vice-president & chief financial officer and Randall King to executive vice-president & chief operating officer in recognition of their continuing leadership with the company.
“Having joined the Dow Company in 2001 and 2006 respectively, Randall and Steve have been instrumental in the growth and direction of this company,” said Murray L. Dow II, founder and president, DHC. “With nearly 50 combined years of hotel experience between them, they are well poised to help us achieve our aggressive growth goals as we look to expand our portfolio of upper upscale, first class hotels throughout the United States. Their counsel has been invaluable, and I look forward to the direction we collectively take moving forward. With a current projected pipeline, 2019 looks to be a record year for us.”
Griffin most recently was senior vice-president of finance where he focused on the effective risk management and cost control strategies. In his new role, in addition to his existing financial responsibilities, Griffin also will provide oversight for the human resources function. Prior to joining The Dow Hotel Company, he was chief financial officer for WineBid.com, the largest online wine auction house in the world. He also held the same position with Tully’s Coffee Company, helping to grow the company from three domestic outlets to 140 stores internationally. A Certified Public Accountant (CPA), Griffin received his B.A. in Business Administration - Accounting from the University of Washington.
King formerly was senior vice-president in charge of company operations, driving performance and partner relations. As his role expands, he also has been given responsibility for the company’s Food & Beverage concept expansion. He joined DHC in 2001 as the general manager for the Embassy Suites O’Hare and has held progressively more important positions with the company throughout his tenure. Prior to that, he held a variety of sales, marketing and revenue management roles with Marriott International, Montclair Hospitality and Interstate Hotels & Resorts. King received his B.S. in Business from Western Michigan University.
Founded in 1997, Seattle-based The Dow Hotel Company is a hotel owner/investor and operator of first-class properties throughout the United States. The company’s portfolio of owned and managed properties consists of institutional-grade hotels, under such full service brands as Marriott, Hilton, Hyatt, Embassy Suites, DoubleTree, Sheraton, and Crowne Plaza. The company aggressively seeks to acquire, co-invest with joint venture partners and/or manage mid- to large-size, first-class, full-service hotels through smaller, boutique, independent properties.
The company currently operates food and beverage facilities around the nation, ranging from casual dining to upscale, bars/lounges with Starbucks and Tully’s coffee outlets. In addition to Masterson’s, the division’s proprietary restaurant concepts also include Basil’s Kitchen and BC Bistro. Additional information about The Dow Hotel Company may be found at www.dowhotelco.com.