Dalata Hotel Group, the largest hotel operator in Ireland with a growing presence in the UK, has appointed Carol Phelan as group chief financial officer (CFO) effective 1 July, 2021.
Phelan first joined the company in 2014 and was appointed as group head of Financial Reporting, Treasury and Tax in 2017.
Dalata said that during her time with the group, she has played a “leading role” within the finance team, responsible for the development of the financial reporting function during a period of rapid growth and expansion.
She also led the refinancing of the group’s debt facilities in 2018 and has been centrally involved in maintaining the group’s financial strength and liquidity during the ongoing pandemic.
Prior to joining Dalata, Phelan held senior finance positions in Ion Equity and KPMG. She is a qualified Chartered Accountant.
John Hennessy, Dalata chairman, said: “We are delighted to announce the appointment of Carol Phelan as group CFO. Since joining Dalata in 2014, Carol has played a pivotal role in the development of the Dalata financial reporting, tax planning and treasury functions. The strength of these functions has been demonstrated over the last 12 months as the group dealt with the impact of Covid-19.
“We pride ourselves in Dalata on the quality of our people across the business and of our support of their development and I am very pleased that we are in a position to internally fill the CFO role with someone of Carol’s calibre who has developed within Dalata.”
Her appointment follows the announcement on 2 March 2021 that Dermot Crowley, deputy CEO – Business Development and Finance is to succeed Pat McCann as CEO.
Crowley said: “Carol has played a central role within the finance team over the last number of years in what was a period of substantial growth for the business; and, more recently, during a period of unprecedented challenge for our industry.
“She brings her extensive experience and ability to the role and I look forward to continuing to work alongside Carol in her new position of CFO.”
Phelan added: “I am honoured to have been chosen as the new Group CFO of Dalata. This is an important time for the business as we continue to deal with the impact of COVID-19, while ensuring we progress with our development and expansion plans, particularly across the UK.
“I look forward to working with Dermot and the rest of the Dalata team into the future as we emerge in a strong position from the current crisis and continue to deliver on our ambitious plans.”