– NETHERLANDS, Amsterdam – PPHE Hotel Group Limited (LON: PPH), the international hospitality real estate group which develops, owns and operates hotels and resorts, announced the appointment of Stephanie Coxon to its Board as an independent non-executive director effective immediately.
The appointment of Stephanie, as well as Nigel Keen earlier this year and Kenneth Bradley in 2019, forms part of a wider commitment to strengthen corporate governance and the Board with fresh independent experience. Following Stephanie’s appointment, the Board now includes four independent non-executive directors.
“I am delighted to welcome Stephanie to the Board of PPHE Hotel Group. The experience gained by Stephanie at PwC will be invaluable as we continue to address the unprecedented impact of the Covid-19 pandemic and support our long term growth in exploring new development opportunities. Stephanie’s appointment further demonstrates our ongoing commitment to strengthen the corporate governance of the Company for the benefit of all stakeholders” said Board Chairman, Eli Papouchado.
He added: “The Board recognises that diversity in every aspect allows for a richer depth of perspective and enhances innovation. Stephanie has an international background and her capital markets, real estate fund and accounting experience reinforce essential skills for the Board. Her appointment also further enhances our overall Board diversity.”
About Stephanie Coxon
Stephanie will sit on the Audit, Remuneration and Nomination Committees. This appointment has been approved by the Board of Directors of the Company.
A qualified chartered accountant, with over 15 years of capital market expertise, Stephanie was a capital markets director at PwC where her role included advising asset managers on listing investment funds and real estate investment trusts on the London Stock Exchange.
Stephanie is an independent non-executive director of Apax Global Alpha Limited and JLEN Environmental Assets Group Limited.
About PPHE Hotel Group
PPHE Hotel Group is an international hospitality real estate company, with a £1.7 billion portfolio by Savills and Zagreb nekretnine Ltd of primarily prime freehold and long leasehold assets in Europe.
Through its subsidiaries, jointly controlled entities and associates it owns, co-owns, develops, leases operates and franchises hospitality real estate. Its primary focus is full-service upscale, upper-upscale and lifestyle hotels in major gateway cities and regional centres, as well as hotel, resort and campsite properties in select resort destinations.
PPHE Hotel Group benefits from having an exclusive and perpetual licence from the Radisson Hotel Group, one of the world’s largest hotel groups, to develop and operate Park Plaza branded hotels and resorts in Europe, the Middle East and Africa. In addition, PPHE Hotel Group wholly owns, and operates under, the art’otel brand and its Croatian subsidiary owns and operates under, the Arena Hotels & Apartments and Arena Campsites brands.
PPHE Hotel Group is a Guernsey incorporated company with shares listed on the London Stock Exchange and a constituent of the FTSE 250. PPHE Hotel Group also holds a controlling ownership interest in Arena Hospitality Group, whose shares are listed on the Prime Market of the Zagreb Stock Exchange.
For more information: https://www.pphe.com/
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