Blue Water Development Corp Names Bob Thompson Chief Operating Officer

Blue Water Development Corp. Names Bob Thompson Chief Operating Officer

Real Estate Developer Specializing in Commercial and Hospitality Expands Operations Team

BERLIN, Md. (January 26, 2017) — Blue Water Development Corporation, a real estate developer specializing in commercial and hospitality properties operating in Delaware, Maryland and Virginia, named Bob Thompson chief operating officer.

In his new role Thompson, an executive with more than 25 years of experience building and managing organizations in a range of industries, will oversee operations of the Berlin-based development firm and its extensive portfolio of properties including three luxury RV resorts, four hotels, and three recreational venues.

Thompson joins Blue Water from Ocean Pines Association, Inc., where he served as general manager and chief administrative officer since 2010 managing operations for the community of 12,000 year-round residents and 25,000 seasonal residents and vacationers.

"As we continue to expand and grow our portfolio with acquisitions, we recognized the need to bring in an executive member of our team with a management style that is both pragmatic and disciplined," said Blue Water Development co-founder Todd Burbage. "Bob's operations experience, combined with his finance and military background, is a great fit for our vision and will bring a positive energy and expertise to Blue Water."

"I'm excited to be part of an extremely dynamic and growing world-class organization that has done so much for the community,"Thompson said. "The Burbages have built an impressive portfolio of properties and assembled an extremely strong management team employing hundreds of people throughout the Eastern Shore. Everything this company does is first class, and I look forward to being a part of its continued growth."

Prior to Ocean Pines, Thompson held positions as financial advisor with Thompson Financial, senior vice president with both 1st Mariner Mortgage, and Mason-Dixon Bancshares. He also served in the United States Air Force and Air Force Reserves, reaching the position of Chief Master Sergeant after just 15 years of service. Throughout his career, Thompson has focused on building infrastructure, streamlining operations, improving performance, and increasing both revenue and profits.

A West Ocean City native and current resident of Ocean Pines, Thompson holds an associate's degree in business administration, management and operations from Wor-Wic Community College, where he graduated magna cum laude. He serves on the board of trustees for Atlantic General Hospital and is an executive board member and chair of the Greater Ocean City Chamber of Commerce.

About Blue Water Development Corporation

Founded by Jack and Todd Burbage in 2002, Blue Water Development Corporation is a real estate developer specializing in commercial and hospitality properties operating mainly in Delaware, Maryland and Virginia. Blue Water's diverse portfolio includes three luxury RV resort properties: The Resort at Massey's Landing in Millsboro, Del., KOA – Chincoteague Island in Chincoteague, Va., and Sunset Beach RV Resort in Cape Charles, Va.; four hotels: Bethany Beach Ocean Suites, The Commander Hotel in Ocean City, Md., Aloft Hotel in Ocean City, Md., and Fairfield Inn & Suites on Chincoteague Island; and three recreational venues: Blue Water Golf, Maui Jacks Waterpark in Chincoteague, Va., and Sea Rocket in Ocean City, Md.

Raising the bar in the real estate industry, Blue Water has earned a stellar reputation for its commitment and dedication to the development and constant improvement of superior properties known for their sophisticated designs, gracious floor plans and superior amenities.

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