Charles King joined OTO Development, LLC as Chief Financial Officer, Secretary, and Treasurer in August 2007. He is responsible for overseeing accounting procedures and controls, financing, cash management and financial and tax reporting. In his tenure at OTO, Mr. King was instrumental in securing construction financing totaling over $1 billion from fifteen different relationship lenders in order to build out a pipeline of select service hospitality product with a cost basis over $2 billion.
Prior to joining OTO Development, LLC, Mr. King held various positions with Bassett Furniture Industries, Inc. including Vice President-Controller where he was responsible for preparation of all quarterly and annual financial statements, and later Vice President-Retail Licensee Program. In his capacity with Bassett, Mr. King was instrumental in building a chain of 130 retail stores throughout the country. Mr. King is a former partner with McMillan, Pate and King, CPA’s and started his career at Coopers and Lybrand.
King graduated cum laude from Washington and Lee University with a BS in Business Administration. He obtained his CPA designation in 1988. King serves as Senior Warden of the Episcopal Church of the Advent and as a member of the Board of Directors of the United Way of the Piedmont. In his spare time, he enjoys tennis, hiking and snow skiing. He is married to the former Michaelle (Dede) Connors and has three children: Agnes, Rob, and Charlotte.