(Feb. 2, 2017) Blue Water Development Corporation, a real estate developer specializing in commercial and hospitality properties operating in Delaware, Maryland and Virginia, named Bob Thompson chief operating officer.
In his new role, Thompson, an executive with more than 25 years of experience building and managing organizations in a range of industries, will oversee operations of the Berlin-based development firm and its extensive portfolio of properties including three luxury RV resorts, four hotels and three recreational venues.
Thompson joins Blue Water from Ocean Pines Association, Inc., where he served as general manager and chief administrative officer since 2010, managing operations for the community of 12,000 year-round residents and 25,000 seasonal residents and vacationers.
“As we continue to expand and grow our portfolio with acquisitions, we recognized the need to bring in an executive member of our team with a management style that is both pragmatic and disciplined,” said Blue Water Development co-Founder Todd Burbage. “Bob’s operations experience, combined with his finance and military background, is a great fit for our vision and will bring a positive energy and expertise to Blue Water.”
“I’m excited to be part of an extremely dynamic and growing world-class organization that has done so much for the community,” Thompson said. “The Burbages have built an impressive portfolio of properties and assembled an extremely strong management team employing hundreds of people throughout the Eastern Shore. Everything this company does is first class, and I look forward to being a part of its continued growth.”
Prior to Ocean Pines, Thompson held positions as a financial advisor with Thompson Financial, senior vice president with both 1st Mariner Mortgage and Mason-Dixon Bancshares.
In his new role, Thompson, an executive with more than 25 years of experience building and managing organizations in a range of industries, will oversee operations of the Berlin-based development firm and its extensive portfolio of properties including three luxury RV resorts, four hotels and three recreational venues.
Thompson joins Blue Water from Ocean Pines Association, Inc., where he served as general manager and chief administrative officer since 2010, managing operations for the community of 12,000 year-round residents and 25,000 seasonal residents and vacationers.
“As we continue to expand and grow our portfolio with acquisitions, we recognized the need to bring in an executive member of our team with a management style that is both pragmatic and disciplined,” said Blue Water Development co-Founder Todd Burbage. “Bob’s operations experience, combined with his finance and military background, is a great fit for our vision and will bring a positive energy and expertise to Blue Water.”
“I’m excited to be part of an extremely dynamic and growing world-class organization that has done so much for the community,” Thompson said. “The Burbages have built an impressive portfolio of properties and assembled an extremely strong management team employing hundreds of people throughout the Eastern Shore. Everything this company does is first class, and I look forward to being a part of its continued growth.”
Prior to Ocean Pines, Thompson held positions as a financial advisor with Thompson Financial, senior vice president with both 1st Mariner Mortgage and Mason-Dixon Bancshares.