US: Extended Stay America has appointed David Clarkson as chief financial officer.
Clarkson succeeded Brian Nicholson, who resigned from the CFO role to pursue other interests. Nicholson will continue in a consulting role until February 26, 2021 to assist with the transition.
Clarkson brings more than 25 years of corporate finance experience to the role. He has served as VP of financial planning & analysis and treasurer of the company since September 2015 and treasurer since May 2013.
“I want to thank Brian for his contribution to Extended Stay America. He has built a strong finance leadership team, and we are fortunate to have a very deep bench to draw on to ensure a smooth transition,” said Bruce Haase, president and chief executive officer. “Few if any persons have the depth of institutional knowledge about Extended Stay America that David Clarkson has amassed over his seventeen years of service with the Company, and I believe no one is more qualified to take over as its CFO. With David’s appointment, we have an executive team with exceptionally talented individuals with deep understanding of our extended stay business, dedication to improving the business, building the Extended Stay America brand, and growing shareholder value.”
Clarkson added: “I’d like to thank Bruce and the boards of directors for appointing me to succeed Brian as CFO. We will continue to successfully navigate the company through the pandemic, ensure that we emerge on solid financial footing, and position the company for growth in the recovery.”
