Industry & Services >> CEO Interviews >> July 14, 2003

Fred Kummer – Hbe Corporation

FRED S. KUMMER is President and Chief Executive Officer of HBE Corporation and Adam's Mark Hotels & Resorts. He is the President and Founder of St. Louis-based HBE Corporation, parent company of Adam's Mark Hotels & Resorts, and has spent over 40 years building the St. Louis-based corporation from a one-man general contracting firm to a diversified corporation. Early in his career as a general contractor, Mr. Kummer was involved in constructing a number of healthcare facilities. He soon recognized the industry's need for a single-source planner, designer and builder that could effectively combine cost control, function and budget. In 1960, he founded Hospital Building and Equipment Company, which today as HBE Corporation is the largest design- build firm specializing in healthcare and financial facilities. He launched the Adam's Mark Hotels & Resorts chain in 1973 with his first hotel ' in Charlotte, North Carolina ' and today, the chain consists of 23 upscale hotels in 13 states, with over 13,000 rooms and 1.3 million square feet of meeting space. Adam's Mark ranks as one of the largest privately owned and operated companies in the hospitality industry. He attended the University of Missouri-Rolla and graduated in 1955 with a Bachelor of Science degree in Civil Engineering. In 1984, he received the degree, Doctor of Engineering, honoris causa, from the University of Missouri-Rolla. Mr. Kummer served on the University of Missouri Board of Curators from 1987 to 1992. Profile
TWST: To start us off, what is HBE Corporation?

Mr. Kummer: At HBE Corporation we work on the construction side. We

design and build: we design everything we build and we build everything

we