Bethesda, Md.-based lodging real estate investment trust Host Hotels & Resorts has promoted Sourav Ghosh to EVP, CFO and treasurer.
Ghosh most recently served as the company’s EVP, strategy & analytics and has held various leadership roles across Host’s corporate finance, strategy, business intelligence and analytics functions since he joined Host in 2009. Before joining Host, Ghosh held positions at Starwood Hotels & Resorts Worldwide, including senior director of real estate investments and director of acquisitions and development, where he was responsible for sourcing, structuring and negotiating acquisitions and development deals. Ghosh currently serves as a board of directors member for the U.S. Travel Association as well as on the global committee for the Uniform System of Accounts for the Lodging Industry.
In his new role, Ghosh will lead Host's finance function, including accounting, tax, treasury, investor relations and information technology, in addition to enterprise analytics. Brian Macnamara, who has led the company’s finance organization since December 2019, will continue in his role as Host’s SVP and corporate controller.
“Sourav is an exceptionally talented leader who has demonstrated remarkable financial acumen and thought leadership throughout his career at Host,” said James F. Risoleo, the company’s president and CEO. “He has defined our strategic enterprise analytics, helped the Company deliver historically strong margin performance, been instrumental in our achieving key financial milestones and has built strong relationships with the investment community. I am confident that Sourav’s operational and strategic understanding of our business makes him the ideal individual to lead our finance function as we continue navigating the COVID-19 operating environment and executing on our strategic priorities to deliver both near- and long-term value to our shareholders and other stakeholders."
“I am honored to have the opportunity to serve as the company’s next CFO,” Ghosh said. “I look forward to drawing on my decade of experience at Host and working closely with our talented teams as we work to capitalize on the company’s strong balance sheet, unparalleled scale and unrivaled platform to redefine our operating model and drive growth and profitability.”