Michael Depatie is managing partner of KHP Capital Partners, overseeing the investment of over $750 million of investor equity in Kimpton and other boutique and independent hotel projects. Previously, Depatie served as president and chief executive officer of Kimpton Hotels and Restaurants and was also a member of Kimpton’s board of directors from 2003 to January 2015. Under Depatie’s leadership, Kimpton was named to Fortune magazine’s list of “100 Best Companies to Work For” six times, ranking 11th in 2015. Kimpton was also been named by JD Power as the number one hotel brand in customer satisfaction for North American upper upscale hotels in both 2013 and 2014.
Depatie started his career with the Trammell Crow Company. He went on to become the senior vice president of finance and development with the Residence Inn Company. After the sale of Residence Inn to Marriott in 1987, Depatie co-founded Summerfield Suites which was sold to Patriot American Corporation and subsequently to Hyatt. Depatie also served as chief financial officer of NYSE-listed La Quinta and Sunterra Corporation. Depatie also served as CFO of Internet start-up company AllAdvantage.com and telecommunications service provider Sigma Networks.
Depatie is a member of the Urban Land Institute and co-chair of the advisory board of PathNorth. He also serves on the board of directors of NASDAQ-traded Jamba Juice where he is chairman of the audit committee. Depatie is also on the advisory boards of Rocket Space, AutoCamp and the Millennium School. Additionally, he is a trustee for the Boys and Girls Club of San Francisco. Depatie earned his undergraduate degree from Michigan State University and completed an MBA from Harvard Business School.