– UK, London – Elegant Hotels, the owner and operator of five upscale freehold hotels and a beachfront restaurant on the island of Barbados, is pleased to announce that David Adams has been appointed as a non-executive director of the Company with effect from today.
David brings a wealth of experience as a public company director to the Elegant Hotels Board, having had a career of over 30 years in retail and consumer-facing businesses. His executive career covered financial and general management roles in public and private businesses, including CFO and deputy CEO at House of Fraser plc and Executive Chairman at Jessops plc. He is currently Chairman of Conviviality plc, senior independent director and Chairman of the Audit Committee at Halfords plc, senior independent director and Chairman of the Audit Committee at Hornby plc, and non-executive director and Chairman of the Audit Committee at Fevertree Drinks plc. Further details relating to David’s current and previous roles are set out at the bottom of this announcement.
Following David’s appointment, Steve Baldwin, currently a non-executive director, will become senior independent director and will remain as Chairman of the Company’s Audit Committee. On joining the Company, David will be appointed as Chairman of the Remuneration Committee.
Simon Sherwood, Chairman of Elegant Hotels, commented: “We are delighted that David has agreed to join the Board of Elegant Hotels. His considerable experience across a variety of consumer-facing businesses will be invaluable as we continue to establish ourselves as a listed company and pursue our long-term expansion plans.”
Elegant Hotels owns and operates five luxury hotels and a beachfront restaurant, Daphne’s, on the island of Barbados. The Group’s portfolio comprises 483 rooms, which represents almost 25% of Barbados’ quality leisure tourist room stock. Four of the five Group hotels are situated along the prestigious west coast of Barbados commonly known as the “Platinum Coast”. The properties are all freehold, with a total aggregate plot size of approximately 20 acres and an aggregate beachfront of 2,300 feet.
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