Deepens Sonida’s Leadership Team with Considerable Company Finance and Accounting Knowledge
DALLAS, April 13, 2022–(Company WIRE)–Sonida Senior Living Corporation (NYSE: SNDA), just one of the nation’s foremost senior residing operator-operators, introduced the appointment of Kevin Detz, CPA, as Main Economical Officer, efficient Might 1, 2022. Detz joins Sonida from Aimbridge Hospitality, the major 3rd-bash world wide resort administration enterprise, where by he most a short while ago served as Govt Vice President and Operational Main Money Officer.
“Kevin is a transformational chief with 20 years’ knowledge instilling money accountability and producing scalability and labor efficiencies for world wide running firms and economic expert services companies. He delivers an ideal blend of leadership encounter, money knowledge and accounting knowledge to Sonida and his experience in the hospitality sector will deliver essential insights into our business enterprise. Kevin has shown his means to develop cross-purposeful groups to travel advancement and fiscal success, which will help our organization as we placement ourselves for ongoing strategic progress,” explained Kimberly S. Lody, President and CEO.
More than eight yrs at Aimbridge Hospitality, Detz served in many roles. From January 2020 to April 2022, Detz served as Govt Vice President and Operational Chief Economic Officer, where by he was accountable for leading the company’s corporate and operational accounting and reporting capabilities. There, he transformed the company’s back-business expert services into a lucrative professional companies system and reorganized the company treasury and finance functions to produce increased visibility into the company’s forecasting and liquidity functions through the pandemic.
From Oct 2016 to December 2019, Detz was Senior Vice President and Main Accounting Officer at Aimbridge and served in key management roles in just about every of the company’s six acquisitions and connected integration functions, noticeably contributing to the scalability of the group. Notably, he assumed responsibility for the company’s corporate accounting functionality and elevated efficiency by automating manual procedures, which resulted in enhanced precision and timely reporting. Furthermore, he led the company’s external audit purpose, lessening costs and offering cleaner audit benefits.
Previously in his vocation, Detz was a Controller, Vice President at Goldman Sachs & Co. exactly where he was dependable for the accounting oversight of $4 billion in hospitality assets (270 accommodations) for the Goldman Sachs Actual Estate Administration Division. There, he applied a Sarbanes Oxley excellent handle setting to increase company governance.
At the commencing of his occupation, Detz put in quite a few decades as an Audit Supervisor for Ernst & Young executing audits for SEC companies and making ready and examining fiscal statements and linked disclosures.
“This is a quite fascinating time in Sonida’s historical past,” stated Mr. Detz. “With an getting older demographic in the U.S. and rising need for very affordable, significant-top quality healthcare, Sonida has a major prospect ahead. I glimpse forward to doing work carefully with the team to build a best-in-class corporate finance functionality though executing on the Company’s extended phrase strategic plans.”
Detz graduated magna cum Laude with a diploma in business enterprise administration from Duquesne University in Pittsburgh, PA and is a Qualified General public Accountant. Detz is a member of the AICPA and American Lodge & Lodging Affiliation World wide Finance Committee. Detz now life in Dallas, Texas, with his spouse (Andrea) and two little ones (Isabella and Jack).
About the Corporation
Dallas-primarily based Sonida Senior Dwelling is a single of the nation’s primary operators of independent dwelling, assisted dwelling and memory care communities for senior older people. The Business operates 77 communities that are house to practically 7,000 people throughout 18 states furnishing cozy, safe, very affordable communities wherever residents can type friendships, enjoy new encounters and receive personalized treatment from focused workforce customers who deal with them like family members.
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Kimberly Lody (972) 308-8323, [email protected]