Thomas J. Baltimore, Jr. is the President and CEO of Park Hotels & Resorts Inc., where he has been leading the company since 2016. He has a solid educational background with a Bachelor in Business Administration from the University of...
Thomas J. Baltimore, Jr. is the President and CEO of Park Hotels & Resorts Inc., where he has been leading the company since 2016. He has a solid educational background with a Bachelor in Business Administration from the University of Maryland and an MBA from the Wharton School at the University of Pennsylvania. Before stepping into this role, Baltimore was the CEO of RLJ Lodging Trust, where he gained extensive experience in the hospitality industry. He’s known for his strategic thinking and ability to drive growth, especially noted during the acquisition of Chesapeake Lodging Trust. Under his leadership, the company has seen significant performance metrics that directly tie to executive compensation, which includes a total compensation of over $10 million in 2023, heavily based on achieving specific corporate goals. Baltimore also holds board positions at prominent companies like American Express and Prudential Financial, and his leadership is recognized for high accountability and aligning executive pay with performance—traits that inspire confidence in the investment community. He’s a key player in balancing day-to-day operations with long-term strategic goals.