Board Appointment: Travelodge Appoints Jo Boydell as Its New Chief Financial
LONDON, UNITED KINGDOM -- (Marketwire) -- 03/12/13 -- Travelodge, the
UK's first budget hotel chain, is pleased to announce the appointment
of Jo Boydell to the board as Chief Financial Officer.
Jo will join the Company on 18 March 2013, replacing Jon Mortimore
who will leave Travelodge following a handover period. Jo will report
directly to Travelodge's Chief Executive, Grant Hearn.
A qualified accountant, with a broad based experience as a financial
professional in private and public companies, Jo brings a wealth of
expertise to Travelodge.
Previous positions include: Finance Director at Mothercare plc and
Snap Equity Ltd, the parent company of Jessops, as well as holding
several senior financial roles at other major consumer-facing brands
such as: Ladbrokes plc, Hilton Group plc, and the EMI Group.
Jon Mortimore, Travelodge's current Chief Financial Officer, has
decided to leave the Company to pursue new opportunities. Jon has
been very instrumental in Travelodge's development over the last nine
years and led the company's financial restructuring programme last
Commenting on Jo's appointment, Grant Hearn, Travelodge Chief
Executive, said: "I am delighted to welcome Jo as our new Chief
Financial Officer. Jo has a wealth of experience of working in a
range of high profile consumer brands and will play an integral part
in helping us to grow our business and make Travelodge the best value
hotel chain in the UK."
Jo Boydell added: "I am very excited to be joining Travelodge at this
pivotal moment in its history. It is a fantastic business, with a
great customer following and I look forward to working closely with
Grant and the management team, to deliver on the successful growth
strategy over the coming years."
Commenting on Jon Mortimore's departure, Grant Hearn said: "Jon has
been a central figure of the Travelodge management team over the last
nine years and has played a key role in our journey to becoming the
UK's leading budget hotel operator. I understand his reasons for
deciding that now is the time for a fresh challenge and we all wish
him every success for the future."
Jon Mortimore said: "I have had a fantastic time at Travelodge. The
commitment, ethos and enthusiasm within the company has made it a
hugely enjoyable and rewarding experience. I look forward to watching
the company's renewed success as I move on to new challenges."
The first budget hotel brand to launch in the UK in 1985, Travelodge
now operates over 500 hotels and over 35,400 rooms across the UK,
Ireland (11) and Spain (4). Travelodge plans to grow its estate to
1,100 hotels and 100,000 rooms by 2025. Over 13 million people stayed
with Travelodge last year and 90% of reservations are currently made
online at travelodge.co.uk, where room rates start at GBP 19 per
night. The chain employs over 6,000 staff.
Travelodge Press Office
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