Ken Cruse is CEO and co-founder of Alpha Wave Investors.
Prior to forming Alpha Wave Investors, Mr. Cruse was Chief Executive Officer and a director of Sunstone Hotel Investors (“Sunstone”), a $5 billion total enterprise value publicly traded REIT (NYSE: SHO). Mr. Cruse joined Sunstone in April 2005 as Senior Vice President – Asset Management, and was appointed Senior Vice President – Corporate Finance in September 2006, Senior Vice President and Chief Financial Officer in January 2007, Executive Vice President and Chief Financial Officer in February 2010, President and Chief Financial Officer in December 2010 and as President and Chief Executive Officer and a director in August 2011. From December 2007 through January 2015, Mr. Cruse was a director of BuyEfficient, LLC, a subsidiary of Sunstone. For the eight years prior to joining Sunstone, Mr. Cruse worked in a variety of roles for Host Marriott Corporation, the predecessor of Host Hotels and Resorts, Inc., most recently as Vice President, Corporate Finance. Prior to working for Host Marriott Corporation, Mr. Cruse held various corporate positions with Marriott International, Inc. Mr. Cruse started his hotel career in 1991, working various management-level operating positions at the Marco Island Hilton.
Cruse is actively involved in various industry and professional organizations. He is a member of the board of directors of Morgans Hotel Group (Nasdaq: MHGC). He previously served as a director of the American Hotel & Lodging Association (“AH&LA”), and has been a member of the Executive Committee, Strategic Planning Committee and CEO Council for AH&LA. Additionally, Mr. Cruse is a member of the Real Estate Roundtable, GenNext and the Southern California Chapter of Young Presidents Organization. He is also a member of the Dean’s Advisory Council for Colorado State University Warner College of Natural Resources. Mr. Cruse, along with his family, is an avid volunteer in numerous charitable organizations.
Mr. Cruse holds a B.S. degree from Colorado State University and an M.B.A. degree with honors from Georgetown University.
Mr. Cruse brings a deep knowledge of all aspects of real estate investment, asset management, finance and operations along with proven experience of generating significant investor returns as a CEO of a large, highly-successful public company.