OTO Development mourns loss of CEO.

OTO Development is mourning the unexpected death of Corry W. Oakes III, co-founder and CEO of the Spartanburg company.

OTO Development is a hotel development and management group with a portfolio that includes hotels across the country, most of them on the Atlantic and Pacific coasts, including the AC Hotel in Spartanburg. The company is part of The Johnson Group, also of Spartanburg.

Oakes, along with Todd Turner and Jim Ovenden, provided their initials to name thecompany they founded with George Dean Johnson Jr. and the late H. Wayne Huizenga in May 2004, according to the company website, which also carries Oakes' obituary.

Oakes and Turner were the first employees when Johnsoncreated Extended Stay America in 1995, the website says.

Oakes and Turner, along with Jim Ovenden, provided their initials to name the hotel development and hospitality management company they founded alongside George Dean Johnson Jr. and the late H. Wayne Huizenga in May 2004.

He died Aug. 7, leaving a wife and three daughters. A memorial service is scheduled for 3 p.m. Sunday in the Jerry Richardson Indoor Stadium at Wofford...

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