Family Matters March/April 2019

Family members and key non-family executives on the move at family companies.

Adam Marquis has been promoted to president of family-owned Pacifica Hotels, the largest owner and operator of boutique hotels on the Pacific Coast.

Marquis, a second-generation member of the Marquis family, will continue to be responsible for investment, operations and development projects. His previous positions at Pacifica Hotels have included vice president and executive vice president. For nearly a decade, Marquis has led asset management, feasibility, brand relations, acquisitions, dispositions and strategic repositioning efforts.

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Marquis joined Pacifica Hotels in 2010. He previously served as a senior consultant at PKF Consulting. Before joining PKF Consulting, he served as the rooms division manager for Hyatt Hotels and Resorts after completing the company’s corporate management program at the Grand Hyatt.

He began his career training as a hospitality host with Walt Disney World Resorts. He holds a degree in hotel management from Utah Valley University.

Pacifica Hotels, headquartered in Aliso Viejo, Calif., generated $220 million in revenues in 2018, with 41 hotels owned, managed or under development. CEO Matt Marquis is the brother of Adam Marquis. Their father, Dale Marquis, is the founder and chairman of Pacifica Hotels.

Kathy Porter, a third-generation member of the Lyles family, has been promoted to assistant vice president of shareholder services at Lyles Diversified Inc. Lyles Diversified, based in Fresno, Calif., oversees Lyles’ family- and employee-owned construction businesses and provides management and administrative services to the Lyles family’s other holding corporations. The Lyles companies have divisions in construction, real estate development, real estate rental, agriculture and investments.

Porter interfaces with shareholders to provide financial reporting and business updates from the subsidiaries and limited partnerships. She is responsible for shareholder communications, including coordination of stock and financial transactions.

Previously, Porter held the title of corporate services manager at Lyles Diversified. Her prior business experience includes serving as senior vice president for a major commercial real estate firm.

In addition to her position at Lyles Diversified, Porter is treasurer of the Lyles Family Council.

Adam Strachn has been appointed CEO of Cosby Harrison Company (formerly TAP Publishing), based in Crossville, Tenn. Strachn is a fourth-generation member of the founding Harrison family and great-grandson of company namesake Cosby Harrison.

Strachn began working at Cosby Harrison Company’s human resources department in September 2014. Before being named CEO, he was executive director of Trade-A-Plane, the company’s flagship publication.

Strachn graduated with bachelor’s degrees in biology and accountancy from East Tennessee State University and then earned a master of accountancy degree. He graduated from Charlotte School of Law in 2014 and received his Tennessee law license in 2015.

He succeeds Steve Stone, who had served as interim CEO since the retirement of Cosby Stone in 2016 and now holds the position of executive vice president. Strachn’s appointment represents the transition from the third generation to the fourth.

Cosby Harrison Company specializes in buy/sell marketplaces for aviation, heavy construction, trucking, and oil and gas. The company also provides online services for weather (weatherTAP.com) and operates a commercial sign manufacturer (SignSmith). Cosby Harrison recently expanded into digital marketing with the purchase of BlueView, a digital marketing agency in Tulsa, Okla.

Copyright 2019 by Family Business Magazine. This article may not be posted online or reproduced in any form, including photocopy, without permission from the publisher. For reprint information, contact bwenger@familybusinessmagazine.com.

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