Apple Hospitality REIT, Inc. (NYSE: APLE) yesterday announced the appointment of Rachael Rothman to the position of Executive Vice President and Chief Financial Officer for the Company, effective July 1, 2019.
“We are excited to welcome Rachael to Apple Hospitality,” said Justin Knight, President and Chief Executive Officer of the Company. “Her extensive knowledge and experience in the hotel industry and the investor and financial community will complement our existing team and further enhance the strength of our Company.”
Ms. Rothman will succeed Bryan Peery as Executive Vice President and Chief Financial Officer. As previously announced, Mr. Peery plans to retire from the Company in the first quarter of 2020. Mr. Peery will continue as Executive Vice President and, effective July 1, 2019, will become Chief Accounting Officer for the Company.
Ms. Rothman has more than 20 years of hospitality and real estate industry experience. Most recently, she served as Senior Vice President, Investor Relations and Strategy for Playa Hotels & Resorts N.V. (“Playa”) where she was an integral part of developing and furthering Playa’s corporate, financial and operational strategy. From 2010 until 2018, Ms. Rothman served as a Senior Analyst for Susquehanna International Group, LLP (“SIG”) where she led a team responsible for in-depth analysis of public hotel, casino, cruise line, real estate investment trust and restaurant companies. Prior to joining SIG, she held several positions of increasing responsibility within Merrill Lynch & Co., Inc. covering various public lodging, restaurant and gaming companies. Ms. Rothman’s career began in the lodging industry, where she held various roles in hotel operations, including general manager. Ms. Rothman earned a Master of Arts in Economics from the University of Virginia, a Master of Management in Hospitality from the School of Hotel Administration at Cornell University and a Bachelor of Arts from Bates College. She is a CFA Charterholder.