The Broadmoor has announced its sixth change in leadership since the historic Colorado Springs landmark opened its doors in 1918.
Steve Bartolin, who has served as the hotel’s president and CEO for nearly 24 years, said in a news release Wednesday he will step down March 1 to become chairman. Bartolin will be replaced by Jack Damioli, who currently serves as vice president and managing director of the hotel.
“I have confidence and comfort placing this responsibility in Jack Damioli’s capable hands,” Bartolin said in the release. “It gives me great pride in knowing The Broadmoor’s best years lie ahead.”
As the Broadmoor’s chairman, Bartolin will oversee the hotel’s operations and provide guidance and support while Damioli will manage day-to-day operations. Damioli will also serve as president of the Manitou & Pikes Peak Cog Railway, which The Broadmoor also owns.
Damioli arrived in January after having served seven years as president and general manager of the Gasparilla Inn & Club in Boca Grande, Fla. Before that, he worked 22 years at the Greenbrier, the West Virginia resort hotel from which Bartolin departed to join The Broadmoor in 1991.
“An iconic business like The Broadmoor that has had such stability in ownership and management over the decades deserves a thoughtful and planned succession,” Bartolin said in a release. “Jack joined us a year ago specifically with this in mind. In the past year, he has demonstrated he has not only the requisite business skills, but more importantly the understanding and appreciation of our family of employees. Jack understands our philosophy that the The Broadmoor will only be as successful as our employees allow it to be.”
Damioli is the seventh person to have been appointed the top position of leadership at The Broadmoor in its 96-year history. The first was the hotel’s founder, millionaire Colorado Springs philanthropist Spencer Penrose, who served as president and CEO from its opening on June 29, 1918, until his death in 1939. Others to have served in that capacity are Charles Tutt Jr. (1940-61), William Thayer Tutt (1961-77), Russell Tutt (1977-1982) and Karl Eitel (1982-91).
Bartolin, who turns 64 on Dec. 13, will have held the position the longest when he steps down next year.
“When I became president of The Broadmoor nearly 24 years ago, I was quoted as saying that my goal would be to someday pass on The Broadmoor to the next generation in exceptional condition, both physically and fiscally,” Bartolin said in the release. “Thanks to the support of our wonderful Broadmoor staff, and the foresight of our owners, past and present, that will be accomplished.”
Bartolin has led the company through a recession and other major changes in the company, including its purchase by Denver-based Anschutz Corp. in 2011. Since then, The Broadmoor has added multiple assets to its portfolio — including Seven Falls and naming rights to the World Arena — ramped up construction and renovation projects and has bolstered its presence as an internationally recognized resort.
“It’s been a pleasure to join The Broadmoor family and get to know the team, our meeting customers, members and guests,” Damioli said in the release. “I am so grateful for the opportunity to guide The Broadmoor into the future. It is an honor and a privilege. I look forward to ensuring this magnificent resort’s continued success.”
The 5,000-acre resort remains the longest consecutive winner of the Forbes Five Star and AAA Five Diamond awards for excellence and houses the state’s only Forbes Five Star restaurant, the Penrose Room. It is also world-renowned for its tennis and golf programs and has recently opened its high-altitude Cloud Camp resort and Broadmoor Fishing School.