Premier Welcomes New Senior Vice President of Procurement
July 12, 2023
Premier, an end-to-end architecture, design, procurement, and project management and development firm, announced the hire of Richard Oakes as Senior Vice President of Procurement. Having previously held roles at well-known hotel brands, Oakes brings 35 years of experience working across multiple disciplines including operations, procurement, sales and marketing, franchise services, and revenue management, according to a press release.
At Premier, he will be responsible for developing and implementing procurement strategies to optimize the acquisition of goods and services while ensuring cost savings, quality, and efficiency for the world’s leading hotel brands.
“Richard’s trusted relationships and desire to lead highly successful teams will further strengthen the procurement team’s stellar track record of providing cost-saving solutions for our clients,” said Hector Sanchez, Chief Executive Officer of Premier. “His strategic vision and leadership will ensure efficient and effective processes that support Premier’s business objectives.”
Oakes brings with him extensive knowledge that spans all product and service categories and a delivery of organizational initiatives for design, construction, operations, and asset management teams. The new SVP will lead the procurement team to drive value to Premier’s internal and external customers through brand buying power, purchasing efficiencies, and timely execution to drive successful project purchasing. Oakes will be responsible for enhancing the purchasing team, the strategies put into place, and the delivery of exceptional value to all clients.
“What drew me to the Premier team was the firm’s unique business model and the caliber of the leadership team,” said Oakes. “In my new role, I hope to expand upon Premier’s exceptionally strong procurement model and leverage the strength of Ashford’s portfolio to utilize our collective buying power and provide unparalleled results for our clients.”
Before joining Premier, Oakes held positions at Omni Hotels & Resorts, Zoës Kitchen, Gaylord Entertainment, Marriott Hotels & Resorts, InterContinental Hotels Group PLC, and other notable hospitality brands. Throughout his career, Oakes led teams across the globe to help them perform efficiently and profitably while mentoring colleagues and businesses to guide them in moving to the next level. He also helped devise solutions through the impacts of the September 11th attacks, SARs, Bali Bombings, and other international challenges. He has effectively brought teams together to work quickly when needed to solve resource and logistical constraints.