 Russell E. Brown, Jr.Chairman and Chief Executive Officer Upon earning his BBA from The College of William and Mary in 1974, Mr. Brown spent the following two years in the NFL with the N.Y. Giants and The Washington Redskins, working at the Harbour Town Golf Links and managing a health spa on Hilton Head Island. In 1976, Mr. Brown began his career in real estate as a sales executive at Palmetto Dunes Resort on Hilton Head Island responsible for selling vacation ownership at one of the first resorts in RCI. Mr. Brown’s career as a sales executive continued for two more years and expanded to the selling of resort homes, condominiums, and homesites on Hilton Head Island and Fripp Island in South Carolina. In 1979, Mr. Brown began his career in the management of real estate sales and marketing for Dunes Marketing Group as the Sales Director at Palmetto Dunes Resort overseeing $40 million in annual real estate sales. From 1979 – 1983, Mr. Brown was promoted from General Sales Manager to V.P. of Sales and Marketing to Sr. V.P. of Dunes Marketing Group responsible for all sales and marketing operations that included 17 developments in 6 states and consisted of vacation ownership, resort real estate, condo hotels and condominium conversion products with over $170,000,000 in annual sales. In 1983, Mr. Brown founded Russell E. Brown and Associates (REBA), a resort real estate sales and marketing company with a mutually exclusive agreement to handle the sales and marketing for Emro Land, a subsidiary of Marathon Oil, a company that owned sixty percent of the undeveloped property on Hilton Head Island along with property in the Florida Keys, Hawaii, and other exotic locations. REBA is credited by ARDA (American Resort Development Association) with selling the first "Fractional" development in the U.S. in 1984. REBA also introduced Greenwood Development to the fractional business and participated with them in the most successful fractional sell-out of that time at Harbourside III in Shelter Cove Marina. Since 1983, REBA has sold over $1.5 billion in vacation ownership, fractionals, condominiums, homesites and homes. In 1989, REBA formed a joint venture with The J. E. Robert Companies called Robert and Brown Company. As the CEO of Robert Brown Co., Mr. Brown was able to provide sales and marketing services for RTC and FDIC portfolios and ventures managed by the J. E. Robert Companies and funded by the likes of Blackstone, The Whitehall Fund, and Goldman, Sachs and Co. From 1989 to 1993, Robert and Brown Company averaged a total of $100 million per year in the sale of timesharing, fractionals, and urban condo conversions. Over the same period Robert and Brown Company served as the sales and marketing arm for 4 Seasons Resort in Lake of the Ozarks, Missouri and for Argosy-Koar, later known as Sunterra Resorts. In 1993, Mr. Brown formed RBC Enterprises, Inc. to develop timesharing resorts, begin the Owners Club, a fractional partnership with Club Corporation of America, and handle all present and future clients belonging to REBA and Robert and Brown Company. Since 1993, RBC has developed and brought to market over $350 million in timesharing and fractional inventory across the United States including Grandvista Resorts, a Branson based timesharing company which ranked at the time as one of the top twenty companies in the industry, selling over $30 million in timesharing inventory annually out of its resorts in Branson, MO, Tunica, MS, and Phoenix, AZ. Grandvista was purchased by Westgate in 2005. Today, RBC Enterprises, Inc’s development entity, Destination Resort LLC, is developing private residence clubs on Daufuskie Island, S.C. and is in the planning stages for additional residence clubs in Maryland, Florida, Michigan, and Costa Rica. RBC’s corporate offices are located on Hilton Head Island, S.C. where it also operates a real estate brokerage business for Hilton Head Island homes, condominiums, homesites, and fractions. RBC also has a consulting and learning center in its corporate office that uses its 25 years of fractional sales experience to help consult with prospective residence club developments and provide sales training for their sales teams. Mr. Brown is currently the Chairman CEO of RBC Enterprises, Inc., Managing Director of Destination Resort LLC., V.P. of the Brigantine Quarters HOA Board of Directors, Secretary Treasurer for the Ocean Palms HOA Board of Directors, and President of the Oceanfront Residence Club HOA Board of Directors. Mr. Brown has served on the Boards of The Alumni Association for The College of William and Mary, The William and Mary Athletic and Educational Foundation, St. Stephens and St. Agnes and Grandvista Resort. Mr. Brown is a member of the Hall of Fame for St. Stephens and St. Agnes school, and the College of William and Mary. He has been featured in Who’s Who of Executives in Business, Outstanding Young Men of America, and in 1997 was a finalist for Ernst Young’s greater Washington area “Entrepreneur of the Year.” He has been a featured speaker for ARDA, RCI, and The Business School at The College of William and Mary. Mr. Brown resides with his wife, Dottie (William and Mary ‘74) , on Hilton Head Island, S.C. They have two daughters, Elizabeth (William and Mary‘01) and Lindsey (William and Mary ‘04). |
 Richard B. HodsdonSenior Vice President Rich Hodsdon, a 27-year veteran of the resort real estate business, oversees all sales and marketing functions for RBC’s Fractional Ownership Division including start-up, budgets, recruiting and training. Mr. Hodsdon began his career in this industry in 1980 when he served as a sales representative for Dunes Marketing Group. In 1983, he joined Russell E. Brown and Associates. Over the following three years Mr. Hodsdon was instrumental in the development of the fractional ownership concept on Hilton Head Island at Brigantine Quarters in 1984 and Southwind in 1985. In 1986, he became Broker-in-Charge and Sales Director for Harbourside III where over one million in sales was achieved during the first month alone. All three fractional developments were sold out on schedule and under budget. In 1989, Mr. Hodsdon participated in the planning and introduction of the Ocean Palms development where he initiated an innovative usage calendar and a marketing program that utilized offsite seminars thereby successfully eliminating the “off season” reduction in sales productivity. He also implemented a mutually beneficial relationship between Ocean Palms and The Westin Resort whereby The Westin handled Ocean Palms rentals in return for overseeing all maintenance, management and housekeeping at the development and allowing Ocean Palms owners to enjoy all the hotel services. In 1995, Ocean Palms was recognized by ARDA as the most successful fractional ownership project in the country. After Ocean Palms was sold out in 1997, Mr. Hodsdon negotiated a unique agreement whereby RBC Enterprises, Inc. became the exclusive sales company for the Ocean Palms Homeowners Association which allowed RBC use of the Ocean Palms logo, access to the owner’s lists and an onsite model for the purpose of handling resales for the owners. In 1994, Mr. Hodsdon began working with representatives of Melrose Company and Club Corporation of America in the creation of The Owner’s Club. He then organized the “start-up” of both The Owner’s Club at Hilton Head and The Homestead, including the creation of budgets and marketing plans, property registration, recruiting and training. Mr. Hodsdon is currently the managing director of the Hilton Head Office of RBC Enterprises. He has successfully developed a real estate brokerage operation that realizes $25 million per year in sales, and over $8 million in fractional resales. In October of 2006 the operation Daufuskie Island Resort Realty was added to Mr. Hodsdon’s responsibilities where we anticipate sales of new product to exceed $50 million per year over the next 10 years. Mr. Hodsdon earned a BBA degree from The College of William and Mary. He resides on Hilton Head Island, SC. |
 Laura DugganVice President of Operations Ms. Duggan has been working in the resort real estate industry since 1979. She began her career as a contract processor and head of inventory control at one of the nation's most successful resort workouts, The Island Club on Hilton Head Island, SC. Ms. Duggan was then promoted to the position of assistant to the president and senior vice-president of sales and marketing for Dunes Marketing Group, known then as one of the top five timesharing companies in the country. Since that beginning, Ms. Duggan has been the Director of Administration for Russell E. Brown and Associates; Vice-President of Operations for Robert and Brown Company; President of The Idea Factory, a full-service resort real estate advertising company; and Managing Director of RBC Vacations, a full-service telemarketing business in Columbia, SC. Presently, in her position as Vice President of Operations for RBC Enterprises, Inc., Ms. Duggan is responsible for overseeing corporate tax preparation, payroll, payables, contract processing, inventory control, corporate receivables, administrative personnel, as well as the production and profitability of RBC Vacations. Ms. Duggan attended Rowan University and The University of South Carolina where she studied Journalism and Government. |