Radisson Hotel Group announced the appointment of Sergio Amodeo as Chief Financial Officer (CFO) of Radisson Hospitality AB, and member of the Global Steering Committee for Radisson Hotel Group, effective 1 June 2019.
Sergio joins Radisson Hotel Group from TeamSystem Group, the leading management software company in Italy, where he was CFO since 2015. During his time there, he supervised the sale of the group from one private equity fund to another (Hellman & Friedman), which has given him a deep understanding of capital markets.
Prior to that, he spent two years serving as CFO of Bolton Group, a privately owned FMCG group, following sixteen years at Danone. His final role there saw him responsible for the global corporate development of the company's leading division – after holding several country and regional CFO roles.
Sergio graduated from Insead's Advanced Management Program (AMP) and has a major in Business Economics from the University of Salerno.
"I am delighted to welcome Sergio to his new role and to Radisson Hotel Group," said Federico J. González-Tejera, President & CEO of Radisson Hospitality AB and Chairman of the Radisson Hotel Group Global Steering Committee. "He joins us at a key stage on our journey towards becoming one of the three top-of-mind hotel groups in the world. His experience and expertise will be critical in delivering on our commitments of the five-year operating plan."
Sergio will take on the duties of Knut Kleiven, who is currently the Deputy President & CFO of Radisson Hospitality AB and a member of the Global Steering Committee for Radisson Hotel Group. After more than 30 years of service, Knut is retiring.
Formerly an Internal Auditor for SAS, Knut joined the company in 1986 as Group Accounting Manager, swiftly moving up to become CFO in 1994, when the Rezidor Hotel Group signed a strategic agreement with Carlson Hotels to develop the Radisson SAS brand under a master franchise agreement for EMEA. He helped guide the group's rapid expansion, actively supporting the President & Chief Executive Officer in driving the company's strategic development, while also steering its economic policy.
"I wish to personally thank Knut for his hard work and dedication over the many years he has been a part of the group," continued González-Tejera. "He has been an inspirational and iconic figure within our company for decades and has helped transform it into the globally renowned brand it is today. I wish him all the best during his retirement."
Taking over the role of CFO from Knut (along with his position on the Global Steering Committee), Sergio will be based at Radisson Hospitality AB's headquarters in Brussels, reporting directly to President & CEO Federico J. González-Tejera. Within EMEA, Sergio will have responsibility for the Finance, Accounting, Group Tax, Internal Audit, and Group Controlling central teams.
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