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Selection Inns Broadcasts Senior Management Positions

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WHY IT RATES: Selection Inns has simply made vital modifications to its management construction, putting in a brand new SVP actual property and finance; SVP, head of worldwide and strategic & monetary planning; chief accounting officer; and regional VP, rising markets, franchise improvement and proprietor relationships, — Laurie Baratti, TravelPulse Affiliate Author


Selection Inns Worldwide, Inc., one of many world’s largest lodging franchisors, has introduced 4 management roles to advance the corporate’s company priorities and drive progress.

These embody:

Scott Oaksmith, senior vp of actual property and finance, Selection Inns; Raul Ramirez, senior vp, head of worldwide and strategic & monetary planning, Selection Inns; Elizabeth Redmond, chief accounting officer, Selection Inns; John Lancaster, regional vp, rising markets, franchise improvement and proprietor relationships, Selection Inns.

Scott Oaksmith has been promoted to senior vp of actual property and finance. On this position, he’ll lead a number of strategic areas of the corporate, together with actual property funding and asset administration, in addition to the corporate’s treasury operations. Oaksmith will work carefully with the corporate’s franchise improvement and model groups to speed up the expansion trajectory of the corporate’s manufacturers by means of strategically deploying capital within the type of lodge improvement, three way partnership investing and lending applications with a deal with main markets and sought-after locations the place visitors wish to journey. As a part of his new position, Oaksmith will even assume oversight of Selection’s enterprise intelligence group, the place he’ll oversee the corporate’s information analytics initiatives and promote a tradition of information knowledgeable decision-making. Since becoming a member of Selection in 2002, Oaksmith has held quite a few positions throughout the firm, together with controller, in addition to senior vp of finance and chief accounting officer.

Raul Ramirez has been promoted to senior vp, head of worldwide and strategic & monetary planning. Ramirez will assume management for all elements of Selection’s worldwide division, together with constructing the general strategic course and growth of the corporate’s worldwide operations, which spans over 40 nations and territories. Previous to this promotion, Ramirez served as senior vp of worldwide strategic planning and international head of economic planning and evaluation, the place he led the finance, company improvement and enterprise planning of the worldwide group. Ramirez will proceed to steer the corporate’s monetary planning operate and assume oversight of Selection’s technique group, the place he’ll set up the long-range strategic and monetary plans for the corporate. He has been a key member of Selection since 2017, when he joined as the corporate’s vp of strategic finance and monetary planning and evaluation.

Elizabeth Redmond has been promoted to chief accounting officer, the place she can be liable for the corporate’s monetary reporting necessities and reworking a number of of the corporate’s important capabilities, together with company accounting, home and worldwide accounting operations, monetary reporting and accounting coverage, and actual property accounting. Throughout her 13-year tenure at Selection, Redmond has been instrumental within the firm’s success by means of main enterprise-wide course of reengineering efforts, implementing new advanced accounting requirements and bettering inner management buildings and procedures. Redmond joined the corporate in 2007 and has held numerous key roles within the finance division, most not too long ago serving as vp of economic reporting and accounting.

John Lancaster strikes into the newly created place of regional vp, rising markets, franchise improvement and proprietor relationships. On this position, he’ll lead Selection’s efforts to increase the chance of lodge possession to underrepresented populations by means of the corporate’s one-of-a-kind rising markets franchise improvement program. The corporate awarded — and financially supported — 34 franchise agreements with minority and veteran entrepreneurs by means of this program final 12 months. Lancaster will even lead the corporate’s reinstitution of an homeowners’ council particularly meant to symbolize and supply continued assist and advocacy for these unrepresented hoteliers. Lancaster has held numerous roles at Selection since 2011, together with most not too long ago as regional vp of franchise improvement, in addition to director of world gross sales sourcing and options and director of franchise improvement for the mid-Atlantic, New England and rising markets.

Selection Inns continues to be acknowledged for office achievements. Simply this 12 months, Selection was named by Forbes as a Finest Employer for Range; earned a prime rating on Incapacity:IN’s 2020 Incapacity Equality Index; and was acknowledged by the Human Rights Marketing campaign Basis’s Company Equality Index as a Finest Place to Work for LGBTQ Equality. In July, Selection’s president and chief government officer, Patrick Pacious, was awarded Comparably’s Finest CEOs for Girls Award for uplifting, encouraging and supporting ladies’s voices and contributions within the office.

For extra info, go to choicehotels.com.


SOURCE: Selection Inns Worldwide, Inc.

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