Sonida Senior Living Names Kevin Detz Chief Financial Officer
Deepens Sonida’s Leadership Workforce with Important Company Finance and Accounting Knowledge
DALLAS, April 13, 2022–(Business WIRE)–Sonida Senior Dwelling Corporation (NYSE: SNDA), a single of the nation’s primary senior living proprietor-operators, announced the appointment of Kevin Detz, CPA, as Chief Money Officer, productive Could 1, 2022. Detz joins Sonida from Aimbridge Hospitality, the leading third-social gathering world-wide resort management company, the place he most a short while ago served as Government Vice President and Operational Main Financial Officer.
“Kevin is a transformational leader with 20 years’ practical experience instilling fiscal accountability and developing scalability and labor efficiencies for world functioning organizations and fiscal solutions corporations. He delivers an ideal blend of management practical experience, financial know-how and accounting expertise to Sonida and his encounter in the hospitality sector will supply essential insights into our enterprise. Kevin has shown his potential to build cross-useful teams to push expansion and fiscal good results, which will assist our company as we situation ourselves for ongoing strategic growth,” reported Kimberly S. Lody, President and CEO.
Over 8 several years at Aimbridge Hospitality, Detz served in various roles. From January 2020 to April 2022, Detz served as Govt Vice President and Operational Main Economical Officer, exactly where he was accountable for leading the company’s corporate and operational accounting and reporting capabilities. There, he remodeled the company’s again-business office expert services into a rewarding qualified products and services system and reorganized the corporate treasury and finance capabilities to generate enhanced visibility into the company’s forecasting and liquidity capabilities in the course of the pandemic.
From October 2016 to December 2019, Detz was Senior Vice President and Main Accounting Officer at Aimbridge and served in key leadership roles in every single of the company’s 6 acquisitions and linked integration routines, considerably contributing to the scalability of the business. Notably, he assumed obligation for the company’s company accounting operate and improved performance by automating guide processes, which resulted in improved precision and timely reporting. Furthermore, he led the company’s external audit operate, reducing expenses and providing cleaner audit final results.
Earlier in his vocation, Detz was a Controller, Vice President at Goldman Sachs & Co. where by he was liable for the accounting oversight of $4 billion in hospitality belongings (270 resorts) for the Goldman Sachs Real Estate Administration Division. There, he implemented a Sarbanes Oxley excellent regulate environment to greatly enhance corporate governance.
At the beginning of his vocation, Detz used various many years as an Audit Supervisor for Ernst & Young performing audits for SEC organizations and preparing and examining money statements and similar disclosures.
“This is a incredibly remarkable time in Sonida’s historical past,” mentioned Mr. Detz. “With an getting older demographic in the U.S. and increasing need for inexpensive, higher-excellent healthcare, Sonida has a considerable prospect ahead. I glance ahead to operating closely with the group to construct a best-in-course corporate finance purpose even though executing on the Company’s lengthy time period strategic plans.”
Detz graduated magna cum Laude with a diploma in organization administration from Duquesne College in Pittsburgh, PA and is a Accredited Community Accountant. Detz is a member of the AICPA and American Lodge & Lodging Affiliation Worldwide Finance Committee. Detz currently life in Dallas, Texas, with his spouse (Andrea) and two little ones (Isabella and Jack).
About the Organization
Dallas-centered Sonida Senior Living is a person of the nation’s leading operators of independent dwelling, assisted dwelling and memory treatment communities for senior grown ups. The Company operates 77 communities that are household to nearly 7,000 citizens throughout 18 states giving comfy, secure, inexpensive communities wherever residents can kind friendships, take pleasure in new experiences and receive customized treatment from dedicated crew associates who address them like relatives.
For a lot more details, check out www.sonidaseniorliving.com or connect with the Business on Fb, Twitter or LinkedIn.
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Kimberly Lody (972) 308-8323, [email protected]