Dalata Hotel Group names Carol Phelan as CFO

15th Apr 2021 09:53

(Sharecast News) - Hotel operator Dalata Hotel Group named Carol Phelan as its next chief financial officer on Thursday.
Dalata said the appointment of Phelan, who originally joined the group back in November 2014, would be effective from 1 July.

The AIM-listed group stated that Phelan had played "a leading role" within its finance team and was responsible for the development of its financial reporting function during "a period of rapid growth and expansion" and highlighted that she also led the refinancing of the group's debt facilities in 2018 and had been "centrally involved" in maintaining the group's financial strength and liquidity during the Covid-19 pandemic.

Chief executive-designate Dermot Crowley said: "Carol has played a central role within the finance team over the last number of years in what was a period of substantial growth for the business; and, more recently, during a period of unprecedented challenge for our industry. She brings her extensive experience and ability to the role and I look forward to continuing to work alongside Carol in her new position of CFO."

As of 0950 BST, Dalata shares were down 4.04% at 368.50p.v