Phil Bakes, President,
Snapper Creek Equity Management, LLC
Phil Bakes has been president of Snapper Creek Equity Management, LLC, since the company's inception.
Prior to that, Mr. Bakes served as the Managing Director of Woodbridge's parent company, BFC Financial Corporation from 2004-2008, responsible for the parent company's business development and major financings during that period, with BFC priding itself on being a benevolent parent and supportive partner with the management teams of its portfolio companies.
Prior to BFC, Bakes founded in 1997 a travel industry company which by its third year of operations had grown primarily through numerous acquisitions to one of the nation's largest value-added leisure travel providers with offices throughout the United States and overseas, providing a wide variety of travel packages to over 90 countries.
Bakes also served as president from 1990 to 2004, of a boutique advisory and merchant banking firm he founded with offices in Miami and New York, with a wide spectrum of engagements ranging from Fortune 100 companies to lower-middle market private operating businesses.
In the 1980s Bakes served as a top executive in the airline industry, including president/CEO of Continental Airlines and Eastern Airlines, positions from which he led and oversaw all operations as well as participated in numerous acquisitions, mergers and divestitures during the airline industry's decade of post-deregulation adjustment and consolidation.
Bakes grew up in Chicago, Illinois, graduated from Chicago's Loyola University
and received a law degree from Harvard Law School
Bakes served in the public sector in Washington, D.C., including as a Watergate Special Prosecutor, general counsel to a federal regulatory agency and counsel to the U.S. Senate
also was Deputy Campaign Manager in 1980 for Senator Ted Kennedy's U.S. Presidential campaign.
In 2001, he
was awarded the Ernst & Young Entrepreneur of the Year Award.
The Association of Travel Marketing Executives
(ATME) honored Bakes
in May 2000 with their celebrated Atlas Award for Lifetime Achievement.
Bakes serves on both corporate and non-profit boards, is a member of World Presidents' Organization ("WPO") and, prior to that, was a member since 1985 of Young Presidents' Organization ("YPO") He is currently Chairman and co-founder of the Florida chapter of the Strategic Forum, a group of entrepreneurs, CEO's and C-level executives who meet regularly to share their networks, hear from other business leaders and actively support the business pursuits of fellow members.