After 22 years, CEO Bill Perocchi leaves Pebble Beach Company

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Longtime CEO Bill Perokki retired after a renowned career and was replaced on Thursday by guards from the Pebble Beach Company. Perokki was invited to retain his CEO role in 1999 when he worked on closing a deal to purchase Pebble Beach from a Japanese company. He agreed to do it for a short period, more than 20 years. As he retired, KSBW 8’s Erinklark had the opportunity to tell him about the ups and downs of running one of the most iconic resorts on the planet. After the coronavirus pandemic, Pebble Beach is back. Tea time is full, the station is busy, and most of Pebble’s 1,700 employees are back at work. And that makes him smile. In his 22 years at the helm of the Pebble Beach Company, he experienced other difficult times. The aftermath of September 11 and the 2008 recession both hit the hospitality industry, but the pandemic only happened in the classroom. He was especially worried about his employees. “It was one of the most difficult years of my life. With 1,700 employees, you care for them and their families. How they pay the rent, put food on the table. At the time, only 300 of the 1,700 employees were working, so we tried to do everything we could for our employees, ”says Perokki. And that included layoffs instead of layoffs, maintaining health benefits, and as Pebble Beach emerged from the pandemic, Perokki has some leeway to reflect the achievements of the past two decades. .. The company saw a $ 500 million capital raise – new rooms along Fairway 1, room renovations, new visitor centers, new golf ranges and academies, and short Tigers. course with spectacular views over them. Redesign of the woods. Overall, the golf course was also the venue for the three US Open. It was the first time I saw Tiger Woods. He is the best single performance athlete ever. Individual sports, not team sports, were great, ”said Perokki. The US Open, enthusiasts, auto shows, food and wine, 22 AT&T Pro-Ams, all pretty headaches, but Perocchi is proud of the millions of people who have come together for nonprofits. .. From the Pebble Beach Company Foundation to the Boys and Girls Club, Perokki has never forgotten his roots. A program and a mentor who helped him in his childhood. “What do coaches, teachers and mentors do for their children? You can’t measure it and it has a huge impact on me, ”Perokki said. When he retires, he can’t wait to volunteer more and maybe even teach a little coaching. “I grew up on a project. I grew up in Lawrence, Massachusetts, one of New England’s poorest cities, so having the opportunity to participate in something special is what I dreamed of. No, kid. I think I am very lucky. Perokki and his wife Nancy plan to spend part of the year on the family-rich East Coast. But most of the year is at Pebble Beach. Perokki will continue to be involved with the company as co-chair of the board. From July 1, longtime chairman David Stevers will become CEO.

Longtime CEO Bill Perokki retired after a renowned career and was replaced on Thursday by guards from the Pebble Beach Company.

Perokki was invited to retain his CEO role in 1999 when he worked on closing a deal to purchase Pebble Beach from a Japanese company. He agreed to do it for a short period, more than 20 years. As he retired, KSBW 8’s Erinklark had the opportunity to tell him about the ups and downs of running one of the most iconic resorts on the planet.

After the coronavirus pandemic, Pebble Beach is back. Tea time is full, the resort is busy, and most of Pebble’s 1,700 employees have returned to work.

“It’s amazing. We’ve never been so busy as now,” said Perokki.

And that makes him smile. In his 22 years at the helm of the Pebble Beach Company, he experienced other difficult times. The aftermath of 9/11 and the 2008 recession both hit the hospitality industry, but the pandemic only happened in the classroom. He was especially worried about his employees.

“It was one of the most difficult years of my life. With 1,700 employees, you care for them and their families. How they pay the rent, put food on the table. At the time, only 300 of the 1,700 employees were working, so we tried to do everything we could for our employees, ”says Perokki.

And that included layoffs instead of layoffs, maintaining health benefits, and as Pebble Beach emerged from the pandemic, Perokki has some leeway to reflect the achievements of the past two decades. ..

The company saw a capital improvement of $ 500 million. A new venue along Fairway 1, the hall renovation, a new visitor center, a new golf course and academy, and a redesign of the Tiger Woods short course with these spectacular views.

In addition, the golf course has hosted three US Open.

“2000 Open. This was my first time seeing Tiger Woods. He’s the best single performance athlete ever. Individual sports, not team sports, were great,” Perokki said.

The US Open, enthusiasts, auto shows, food and wine, 22 AT&T Pro-Ams, all pretty headaches, but Perocchi is proud of the millions of people who have come together for nonprofits. .. From the Pebble Beach Company Foundation to the Boys and Girls Club, Perokki has never forgotten his roots. A program and a mentor who helped him in his childhood.

“What coaches, teachers and mentors do for their children. It cannot be measured and it has a huge impact on me, ”said Perokki.

When he retires, he can’t wait to volunteer more and maybe even teach a little coaching.

“I grew up on a project. I grew up in Lawrence, Massachusetts, one of New England’s poorest cities, so having the opportunity to participate in something special is what I dreamed of. No, kid. I think I am very lucky. “

Perokki and his wife Nancy plan to spend part of the year on the east coast, where many families live.

But for most of the year, they’ll be at Pebble Beach. Perocchi will continue to be involved with the company as co-chair of the board of directors. Long-time chairman David Stevers has been appointed CEO and will take effect July 1.

After 22 Years CEO Bill Perocchi Resigns From Pebble Beach Company Source Link After 22 Years CEO Bill Perocchi Resigns From Pebble Beach Company


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