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Our Team : Board Of Advisors

Bud Seith, Chairman
Phone (415) 382-8402
Fax (415) 883-0203

The Alternative Board (6 years)The Alternative Board
Forms and facilitates boards of 30+ small/medium sized company owners and chief executives (each company having one seat) that meet monthly and address business challenges through collaborative teamwork and monthly individual executive coaching with me. Exceptional business results and accelerated learning are being regularly achieved.

Business Consulting (12 years)
Improving company performance and creating a winning culture is the focus of my transition consulting. I apply my proven technologies with the owners, senior executives and their employees in creating a company’s strategic direction and performance turnaround. Recent clients include Citicorp, Siemens, Heald Colleges, Sun Microsystems, Berkeley National Laboratories (DOE) and MasterCard International.

Executive coaching (15+ years)
Helping leaders find ways of making a greater contribution in their work environment and being more fulfilled is part of a unique approach I employ. Together we uncover or redefine the unique skills and competencies that were the foundation for their original success. My insights and extensive experience result in my clients drive their businesses and careers beyond what they could envision for themselves.

Corporate Management Expertise (25+ years)
As a Xerox Vice President and CIO, my responsibilities included directing a world wide division of 3500 people with a $500 million budget. I successfully established new and redirected existing organizations in areas of engineering, marketing, manufacturing, finance and customer administration in the US and Europe. I implemented key business strategies which incorporated advanced technologies while building quality organizations.

Degree in Management Engineering from Rensselaer Polytechnic Institute Advanced Executive Development at Harvard & MIT.


Arol Wolford, Chairman Of The Board
Arol Wolford
Mr. Arol Wolford, 52, is the Chairman of Historic Properties. Born in Michigan, Arol grew up in the Northern California town of Foster City. Working with his father during the summers of his childhood years made a significant impact on Arol’s future career. His father developed a concept that significantly reduced the time involved with gathering information to estimate construction projects.

Arol took over his father’s business and over a 25-year period expanded it globally into a business serving all aspects of construction. The business was sold to the Reed Elsevier organization in 2001. In addition to Historic Properties, Arol works with several construction related businesses and serves on various construction industry related boards. He holds an Honorary Fellowship from the American Institute of Architects, which is the highest award given a non-Architect for contributions made to the construction industry.

He is a graduate of Westmont College near Santa Barbara, California. Arol is married with two grown children, and resides in Atlanta, Georgia.


R. Mark Woodworth, Advisory BoardMark Woodworth

Mr. Woodworth is an Executive Managing Director of PKF Hospitality Research, the research affiliate of PKF Consulting, Inc. He has been a resident of Atlanta for the past 23 years. Mr. Woodworth has over 25 years of hospitality industry experience in both a consulting and hands-on operational capacity. Mr. Woodworth is responsible for the firm's national operation and is based in Atlanta.

Before joining PKF Hospitality Research, Mr. Woodworth was a Partner and Industry Chairman of the Hospitality Industry Consulting practice for Coopers & Lybrand L.L.P., and specialized in the lodging industry. Prior to that, he was a Senior Principal with Laventhol & Horwath where he focused on the hospitality industry and was responsible for all lodging and real estate consulting services in the southeastern United States.
Mr. Woodworth has managed and conducted consulting assignments, involving both the public and private sectors, throughout the U.S. He has worked for the industry's leading lenders, developers, chains and management companies and has dealt with all aspects of operations, development and financing including:

  • • market and financial analyses and investment structuring for hotels
  • • resorts, conference and convention centers and other hospitality industry projects;
  • • workouts, repositioning and strategic planning;
  • • valuation analyses;
  • • management company selection;
  • • management and franchise agreement negotiations; and
  • • litigation services.

Mr. Woodworth has been qualified as an expert and has testified in litigation and/or bankruptcy matters in New York, Georgia, Alabama and Texas regarding hospitality properties.

Mr. Woodworth has been quoted on hospitality issues in such noted publications as The Wall Street Journal, The New York Times, The Los Angeles Times, Barron's, USA Today, and various industry publications. Furthermore, Mr. Woodworth is a frequent speaker at industry conferences and a lecturer at Cornell University and Georgia State University, among others. He is on the Board of Directors of the Georgia Soccer Foundation, the Georgia Chapter of the Cornell Society of Hotelmen and recently completed two terms on the Cornell University Council, an advisory group appointed by the University Board of Trustees.

Mr. Woodworth holds both a B.S. and Master's Degree from Cornell University's School of Hotel Administration. He also served on the faculty of the Center for Professional Development at Cornell for 12 years.


Spurgeon Richardson

President and CEO
Atlanta Convention and Visitors Bureau

Spurgeon Richardson, president and CEO of the Atlanta Convention and Visitors Bureau (ACVB) since July 1991, oversees the marketing activities for a city that is one of the leading convention cities in America and the #1 visitor destination in Georgia.

Richardson has more than 30 years experience in the hospitality industry. Prior to joining the ACVB, he was president and general manager of Six Flags Over Georgia. He began his 25-year career at the amusement park in the marketing department, serving most of those years as President and General Manager.

Active in many professional organizations, some of Richardson 's career highlights include: Chair for the International Association of Convention and Visitors Bureaus, Past Chairman of the International Association of Amusement Parks and Attractions, former Chairman of the Cobb Chamber of Commerce and past President of the Southeast Tourism Society.

Richardson currently serves as chairman of the Vinings Club, is a Board member of the Metro Atlanta Chamber of Commerce, Central Atlanta Progress, Midtown Alliance and of the Atlanta Rotary Club. He also carried the torch for the 1996 Centennial Olympic Games, as well as the 1996 Paralympic Games. Richardson is the recipient of the Atlanta Advertising Club's 1996 Silver Medal Award; Atlanta 's Distinguished Public Relations Award; and the State of Georgia 's Partner Award. Spurgeon was named as one of the "100 Most Influential Georgians" by Georgia Trend magazine, '100 Most Influential Atlantans' by the Atlanta Business Chronicle and selected as 'Who's Who' in the hospitality industry. He also serves in the Georgia Hospitality Travel Association's Hall of Fame.

A native of Edison , Ga. , Richardson received a Bachelor of Science degree from the University of Georgia . He resides in Brookhaven with his wife, Mary Frances. They have three children: Spurgeon III, Kathryn and Carter. His advice to his children: "Become the most enthusiastic and positive person you know."

Richardson 's hobbies include jogging (1,000+ miles annually), country music, non-fiction reading, traveling and movies. His favorite quotes include: "The speed of the leader determines the rate of the pack" and "Sitting on a ham sandwich starving to death."


Sam Zamarripa
Managing Partner of Heritage Capital Advisors

Sam Zamarripa is a Managing Partner of Heritage Capital Advisors which provides investment banking services. Heritage has offices in Atlanta and Memphis and specializes in primarily in financial services and media.

He is a Co-Founder and Director of United Americas Bank, N.A., where he currently serves as the Chairman of the Business Development Committee. He serves on the corporate boards of Assurance America Corporation (ASUAM) and Diaz Foods, Incorporated. He is an advisory director of Atlanta Medical Center , a Tenet Healthcare hospital located in Atlanta . Mr. Zamarripa was elected to the State Senate of Georgia in 2002 and serves on the Senate committees on Economic Development, Insurance and Labor, Science and Technology and State Transportation.

Volunteerism and Civic Leadership

· Atlanta College of Art, Board of Directors
· The Georgia China Future, Founder & Chairman
· The Georgia Association of Latino Elected Officials, Founder & Chairman
· WPBA TV, Atlanta Public Television, Board of Directors
· The Atlanta Technical College, Foundation Board

Education and Family

In 1975, Mr. Zamarripa earned his undergraduate degree at New College in Sarasota , Florida and holds a Masters Degree in Public Administration from the Maxwell School of Citizenship at Syracuse University .

Mr. Zamarripa lives in the Inman park neighborhood of the City of Atlanta . He is a long standing member and elder of Central Presbyterian Church in Atlanta . He is married to Robin Dorsey Zamarripa. They have two children, Eva L. Zamarripa and Jane M. Zamarripa.


Richard M. Stormont
Managing Director of Stormont Noble Development
Dick Stormont

Dick Stormont is the principal of The Stormont Companies, LLC which provides leadership services to many boards of not-for-profit organizations on which he serves. He is Past Chairman of the Board of Trustees of Lenbrook Square Foundation, a Continuing Care Retirement Community in Buckhead. He is one of the founders and serves as Chairman Emeritus of the Atlanta St. Patrick’s Foundation. Recently, he retired from active corporate life. After the merger of interests, Dick was Managing Director of Stormont Noble Development, the industry leading development arm of Noble Investment Group specializing in fine hotels, conference centers, and resorts. The company is the successor to Stormont Hospitality, which was the development arm of Stormont Trice Corporation an interest of The Stormont Companies, Inc.

A recognized leader in the hospitality industry and a corporate Marriott veteran of 22 years service, Dick Stormont has had extensive experience in the development, operation, franchising and financing of all types of hotels, conference centers, and resorts throughout the United States. In 1984 he left Marriott to form The Stormont Companies, Inc. and served as Chairman until March 2000 when the Stormont Trice Corporation interest sold its hotel management division to Crestline Capital Corporation.

Dedicated to community service, Dick Stormont has held a number of significant leadership positions in the hospitality industry, including serving as Chairman of the Tourism Division for the Georgia Department of Industry, Trade and Tourism; as a Director and Regional Vice President of the Cornell Society of Hotelmen and President of the Georgia Chapter; as a Director, President and Chairman of the Atlanta Convention and Visitors Bureau; as a Director, President, and Founder of the Georgia Hospitality and Travel Association; and as a member of the Executive Committee of the American Hotel and Motel Association. In 1999, he was named “Most Valuable Volunteer” (state of Georgia) by the American Hotel and Lodging Association and was presented a plaque by President George Herbert Walker Bush. In the year 2000, he was inducted as a member of the Georgia Hospitality and Travel Association’s Hall of Fame.

Dick Stormont is a graduate of Cornell University’s School of Hotel Administration. He participated as a representative for the Cornell Hotel Society Southeast Region Alumni Showcase held in Ithaca, New York. Dick was recognized by the Cornell University School of Hotel Administration as the 2006 Southeastern Hotelier of the Year.

An additional honor was bestowed on Dick being inducted as a member of the “Atlanta Hospitality Hall of Fame”. He is the Past President and serves as Chairman of the Board of Directors of the Rotary Club of Atlanta .He will serve his term through June of 2009.

Dick and his wife, Lou, reside in the Buckhead community of Atlanta. They have two sons, John , Rich and his wife Lauren, a daughter Stacy, and her husband Reid Freeman. The Stormont’s have four grandchildren.


Marco A. Roca
Senior Vice President Of Development For Cendant Hotel Group

Roca is responsible for developing the company's Wingate Inn brand worldwide, the Ramada®, Days Inn®, Howard Johnson® and Super 8® brands in Latin America and its eight brands in Canada .

Roca previously was vice president of development for Starwood Hotels and Resorts in Atlanta , where he was responsible for the company's growth in Canada , the eastern United States and the Caribbean .  

From 1999 to 2004 he served The Simmons Company in Atlanta as vice president of global licensing, contract and international operations.  From 1997 to 1999 he was a vice president of development for Starwood in Orlando , Fla.

From 1995 to 1997, Roca served US Franchise Systems as director of franchise sales based in San Antonio .  He served Holiday Inn Worldwide as vice president of operations and development for Latin America , based in Guadalajara , Mexico , from 1994 to 1995.  From 1987 to 1994 he worked for Forte Hotels in Mexico City in a variety of sales capacities including vice president and managing director of Latin America .

Roca began his career at the property level with Hilton Hotels Corporation in 1984.  

He earned his master's degree in management and organizational development from the United States International University in Mexico City and a bachelor's degree in industrial psychology from the University of the Americas in Mexico City .

New York City-based Cendant Corporation (NYSE:CD) provides travel and residential real estate services to businesses and consumers in more than 100 countries. Cendant Hotel Group, based in Parsippany, N.J., is the world's largest lodging franchisor with 6,356 hotels representing 513,811 rooms on five continents under the Super 8®, Days Inn®, Ramada®, Travelodge®, Howard Johnson®, Knights Inn®, Wingate Inn® and AmeriHost Inn® brands.  Cendant's franchised hotels sell nearly one out of every five economy and midpriced room-nights in the United States, and Cendant franchises 10.3 percent of the entire U.S. hotel room supply, according to Smith Travel Research and Cendant financial data.  All hotels are individually owned and operated under franchise agreements with Cendant subsidiaries.


Glen O. Jackson
Co-Founder Jackson Spalding

Glen Jackson began his public relations career in 1985. Two years later, he joined the Atlanta office of an international public relations firm, where he became deputy managing director in 1994. He was recognized by the Atlanta Business Chronicle as one of Atlanta's most talented public relations professionals and was honored by the Georgia chapter of the Public Relations Society of America for his campaign for the Jimmy Carter Work Project of Habitat for Humanity. Glen was nominated in 1991 for President Bush's "Thousand Points of Light" community service award, for a fund-raising project he implemented for midtown Atlanta's needy families.

Glen co-founded Jackson Spalding in 1995. In addition to helping to manage the firm, he is active on many client accounts, with special expertise in real estate, professional services, crisis communications, marketing strategy definition and not-for-profit public relations. An Atlanta native, he is a member of the Atlanta Rotary Club, marketing committee chairperson for the Atlanta Rotary Prayer Breakfast and chairman of the 2005-2006 Atlanta Union Mission board. He is the past vice chairman of the Atlanta Youth Academy board and chaired the 2004 Metro Atlanta Friends of Scouting Campaign. He also is a past board member of Eagle Boys Ranch and is a member of the 2003 Leadership Georgia class.

Glen graduated cum laude from Washington & Lee University, received one of the university's highest academic awards and was elected to Omicron Delta Kappa Leadership Society.

Glen and his wife, Claire, have three children. Glen enjoys coaching his youngest daughter's soccer team. He reports that while he is not supposed to keep score, the team is doing quite well. An active father, you can also find Glen discovering local bookstores with his oldest daughter or exploring nature with his son on an Application Trail hike.


David P Stockert David P. Stockert
CEO/President/Director at Post Properties, Inc.

David Stockert became CEO of Post Properties, Inc. on July 1, 2002. Prior to that time, he was Post’s President and Chief Operating Officer. He joined Post in January 2001.

Mr. Stockert has significant public company real estate experience, having also served as a senior executive officer in two other public real estate investment trusts (REITs). In addition, Mr. Stockert has wide-ranging experience with a background in investment banking and the capital markets. As senior vice president and chief financial officer of Atlanta-based Weeks Corp., he played a central role in the July 1999 merger between Duke Realty and Weeks. Upon consummation of the merger, Mr. Stockert was executive vice president of acquisitions and dispositions for the combined Duke Realty. His experience includes arranging more than $1 billion in financing, along with key roles in more than $1 billion of dispositions and joint ventures, and in nearly $500 million in acquisitions. He also had responsibility for Weeks’ accounting, investor relations, human resources, information technology and SEC reporting.

Prior to joining Weeks, Mr. Stockert was vice president, investment banking with Dean Witter Reynolds, Inc., now Morgan Stanley Dean Witter, in New York. From 1985 to 1988 he was a CPA with Ernst & Young in Denver.

Mr. Stockert serves as a member of the Board of Directors of the National Multi-Housing Council and the Atlanta Apartment Association

An undergraduate of the University of Colorado, Mr. Stockert also has an MBA from the Columbia University Graduate School of Business.


Bruce D. McFadden, Certified Public Accountant
Director - Financial Services

Bruce joined the firm in 1983. Bruce graduated from Michigan State University in 1979. He oversees the firm's financial services practice in the areas of distribution, manufacturing, construction, real estate, retail, service industries and qualified retirement plans. Bruce is also involved with providing bankruptcy and litigation support, accounting systems consulting, cash flow modeling, bench-marking analyses, and profit enhancement consulting.