Matthew Sparks appointed as CIO of Park Hotels & Resorts
Mr. Sparks' appointment as chief investment officer will be effective upon completion of the spin-off.
For the last five years, Mr. Sparks has served as Hilton's senior vice president, luxury & corporate development, where he managed the company's full service, corporate and luxury/lifestyle brand growth & development in North America.
Most notably, he led the team that completed the sale of the Waldorf Astoria New York to Anbang Insurance Group Co. Ltd. in 2015, and the subsequent purchase of six landmark hotels as part of a tax-deferred exchange.
Prior to Hilton, Mr. Sparks served as senior vice president of acquisitions at Sage Hospitality Resources. He has held senior development positions at Fairmont Raffles Hotels International, Wyndham Worldwide and Starwood Hotels & Resorts Worldwide.
A graduate of Michigan State University's School of Hospitality Business, Mr. Sparks currently serves on the university's Alumni Board of Directors.