Phillip McNeill, Jr. named Executive Chairman at McNeill Hotel Company
Germantown, TN- based McNeill Investment Group (MIG), formerly McNeill Hotel Investors, today announced that CEO Phillip H. McNeill, Jr. will transition to the new position of Executive Chairman of McNeill Investment Group. In that role, he will oversee the Board and provide strategic direction to the company.
Phillip H. McNeill, Jr. made the announcements, part of a leadership realignment accompanying the company's completion of a strategic recapitalization with Prospect Ridge, a prominent national private equity real estate investor, and Fulcrum Hospitality, a hospitality investment operating partner, advisor, and asset manager.
McNeill, Jr. founded McNeill Hotel Company in 2014. He was formerly Executive Vice President of Equity Inns, a publicly traded (NYSE) Real Estate Investment Trust, involved in growing the company from 8 hotels valued at $40 million to a portfolio of 138 hotels which was sold to a real estate fund of Goldman Sachs for $2.2 billion. He has also held senior executive positions in the hospitality group of Goldman Sachs and Pillar Hotel and Resorts.
Germantown, Tennessee
United States