PLANO, Texas—Aimbridge Hospitality introduced William Davenport as its new leader monetary officer, efficient July 8. Davenport will sit down at the group’s govt management group and file immediately to Craig S. Smith, CEO.
As leader monetary officer, Davenport will oversee the monetary control of the corporate and feature direct accountability for accounting, monetary making plans and research, compliance, tax, treasury, and procurement. He’ll use greater than 3 a long time of enjoy throughout high-growth companies in hospitality, eating places, franchising, and personal fairness to assist power Aimbridge’s international enlargement technique, construct new core competencies, develop into monetary reporting techniques, and simplify processes to reinforce the services and products equipped to the corporate’s house owners, emblem companions, and distributors.
“As we construct on our business management and center of attention in on cultivating a collaborative, performance-driven tradition, we plan to leverage William’s confirmed enjoy and management to improve our group and services and products,” Smith stated. “His monitor file of organising dynamic infrastructures, functions, and techniques will reinforce our industry fashion by way of developing pace, efficiencies, and sustained belongings functionality, resulting in the oversized effects for our house owners and companions.”
Davenport joins Aimbridge following his most up-to-date position as leader monetary officer with Velvet Taco. Prior to Velvet Taco, he served as leader monetary officer at Topgolf for a decade the place he helped the idea that develop from 9 venues to its present scale of greater than 80 U.S.-based places, a world footprint, and revenues exceeding $1.75 billion. Davenport was once a part of Topgolf’s development adventure, together with hiring practical skill and scaling the group, running with capital markets, and overseeing the mixing of Topgolf into Callaway Golfing following the emblem acquisition.
“Aimbridge is extremely smartly situated for development, which makes this an exhilarating time to sign up for the corporate and be a part of shaping the imaginative and prescient for the long run,” stated Davenport. “I look ahead to leveraging my numerous enjoy in hospitality and franchising to assist the corporate deepen its hotel-centric method, strengthen the services and products we offer at scale, and understand its companions’ competitive development objectives.”
Davenport’s enjoy additionally comprises senior-level finance management roles at Haggar Clothes Co, Neiman Marcus Crew, and Brinker World Inc., after starting his profession at KPMG Peat Marwick.
Davenport will paintings with the senior management group, together with the corporate’s lately appointed Leader International Expansion Officer Eric Jacobs and its information Leader Felony Officer Greg Moundas.