On 1 October, Thomas Echelmeyer will assume the function Chief Financial Officer (CFO) and accordingly Commercial Director of A&O Hotels and Hostels, Europe's largest privately run hostel chain with headquarters in Berlin. In his new position, the 56-year-old financial expert will be in charge of finances, accounting and taxes, as well as the areas of controlling, risk management and IT.
"We have managed to recruit an acknowledged financial expert in Thomas Echelmeyer. He will support our planned growth strategy, adjusting and strengthening the financial and reporting processes to suit the greater demands", says Oliver Winter, CEO of the A&O Group.
The graduate of business management previously worked as chief financial officer for one of Germany's pre-eminent housing companies. A qualified auditor and accountant, Echelmeyer also provided multidisciplinary support to national and international companies on the German market and abroad.
"This is a particularly exciting year for A&O in its corporate history. So I am especially delighted to be joining A&O now. I am confident that my experience in the financial sector will help the company advance on the international stage", Echelmeyer adds.
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