Highgate announced today the appointment of Elizabeth Redmond to Chief Accounting Officer. In her new role, Elizabeth will be responsible for leading Highgate's global accounting operations and driving innovation across Highgate's accounting and reporting practices. Elizabeth succeeds Joseph Klam, who will assume the new role of Chief Administrative Officer of Financial Systems and Reporting.
"Throughout her career, Elizabeth has demonstrated a passion for driving new, dynamic ways of managing complex accounting and financial systems in the hospitality industry," said Ned Martin, Chief Financial Officer at Highgate. "Her approach is very much in line with Highgate's strategic vision, and she will be a powerful asset as we continue to evolve."
"I am thrilled to lead a team of dedicated professionals at Highgate, an organization that is well-respected throughout the industry for its operational capabilities, growth trajectory, track record of innovation, and for its ability to attract best-in-class talent," said Redmond.
Prior to joining Highgate, Redmond served as Chief Accounting Officer of Choice Hotels International, Inc., a global hospitality company with a portfolio representing over 7,000 franchised, managed and owned hotels, where she led enterprise-wide process reengineering efforts, implemented complex accounting standards and improved internal control structures and procedures to accommodate the company's growth and evolving financial structure. Redmond began working at Choice Hotels in 2007 as Director of Compliance and was later promoted to Senior Director, Accounting & Compliance and Vice President, Financial Reporting & Accounting.