Rob Rain comes in from another Johnson Group company to oversee strategic initiatives designed to drive growth, increase efficiencies and maximize profitability.
SPARTANBURG, South Carolina – Rob Rain, previously president of the Industrial Division at Johnson Development Associates, has joined OTO Development as chief executive offer to oversee strategic initiatives designed to drive growth, increase efficiencies and maximize profitability.
OTO Development, part of The Johnson Group, is a private
company that develops, owns, and operates select-service and lifestyle hotels
throughout the continental United States, many with proprietary restaurant
concepts. It currently own and/or manage 57 branded hotels with approximately 9,500 keys.
In February, OTO Development announced plans to develop a
170-room AC by Marriott hotel in Garden City, Long Island, New York. The $75.6
million project will bring a four-story, 103,600-square-foot hotel on 1.65
acres, according to the developer’s application.
OTO plans to begin construction in December and expects to
open for business in fall 2026. OTO is reportedly seeking economic
incentives from the Nassau County Industrial Development Agency., including
sales and mortgage tax exemptions and a 20-year payment-in-lieu-of-taxes
agreement.
Rain is carrying on the legacy of OTO’s former CEOs: the
late Corry Oakes, who led the company for its first 18 years, and Todd Turner,
who recently retired.
“Rob understands OTO’s culture, and we are excited about the
company’s prospects under his leadership,” said Geordy Johnson, CEO of The
Johnson Group.
Rain has worked with The Johnson Group family of companies
for more than a decade, initially working in private equity with WJ Partners.
In 2014, he was named president of the Industrial Division at Johnson
Development Associates where, over the course of 10 years, he grew the platform
into one of the country’s largest private developers of warehouse space.
A decorated veteran of the United States Marine Corps, Rain
spent four years as an infantry officer before beginning his private sector
career. During tours in Iraq and Afghanistan, his leadership and heroism in
combat merited a Bronze Star with Valor.
“It’s a privilege to take on this new role within The
Johnson Group,” said Rain, who graduated magna cum laude from Washington and
Lee University and also earned an MBA from Harvard Business School. “My
predecessors built a resilient, successful company. I’m excited by the
opportunity to work alongside OTO’s 2,700 team members to continue to build
upon OTO’s legacy and successful track record.”