Richard Johnson joined Haberhill in January 2007 as a Director. Prior to joining us, he served as Regional Finance Director for Starwood Hotels and Resorts in New York City and Northern New Jersey, Starwood’s largest EBITDA producing region. At Haberhill, Richard reviews potential acquisitions and performs due diligence as needed, creates operating and cash flow projections, and asset manages the respective hotel assets once we complete an acquisition.
Mr. Johnson, a CPA, has over 41 years experience in hospitality finance, acquisition, disposition and operations. Over his long career, he has been involved in the development, construction and opening of 13 hotels and 3 casino/resort hotels, including the Atlantis Resort on Paradise Island in Nassau Bahamas 1994-95 and most recently, the Westin and W Times Square properties in New York City.
He has served as a Chief Financial Officer in four gaming jurisdictions and, He successfully completed an IPO for WHG resorts and Casinos in Puerto Rico in 1998, resulting in a 300% shareholder return on investment when the company was subsequently sold seven months after the IPO was initiated. Richard also spent nine years as Vice President Finance for Loews Hotels and started his hospitality career with Caesars World, Inc., where he also spent nine years.