Sergio Cedeño Paulson, Rolando Padua to lead Paulson Puerto Rico as co-CEOs
Sergio Cedeño Paulson, Rolando Padua to lead Paulson Puerto Rico as co-CEOs
Paulson Puerto Rico has announced a major transformation of its organizational structure, appointing Rafael Cedeño Paulson and Rolando Padua as its new co-CEOs. This strategic move coincides with the firm’s plan to invest over $1 billion in various projects across the island over the coming years.
The restructuring marks a new chapter for the company, which has been a prominent force in Puerto Rico's hospitality and real estate sectors since its establishment in 2013 by billionaire investor John Paulson. Under the new leadership, the company aims to capitalize on Puerto Rico's economic recovery and further develop its extensive portfolio, which includes premier properties like the St. Regis Bahia Beach Resort, the Condado Vanderbilt and La Concha Resort.
The appointment of two CEOs is designed to provide balanced leadership as the company scales its operations. Rafael Cedeño Paulson, who previously served as executive vice president, brings a background in private equity and mergers and acquisitions, having held positions at Goldman Sachs and Credit Suisse. Rolando Padua, who served as president, has been a key figure in the company’s expansion and its commitment to local community development.
Key highlights of the company's future plans include:
- $1 billion Investment: A multi-year commitment to new construction and renovations across the island.
- Hospitality Expansion: Plans for new luxury developments, including a JW Marriott and Aloft hotels in San Juan and Ponce.
- Economic Impact: A focus on fostering local talent and strengthening collaborations between the private and public sectors.
Photo: Rafael Cedeño Paulson, John Paulson and Rolando Padua.