Industry Update
Appointment22 May 2019

Sergio Amodeo

Appointed CFO of Radisson Hospitality AB and and member of the Global Steering Committee for Radisson Hotel Group,
At Radisson Hotel Group (RHG) in Brussels, Belgium

Sergio Amodeo

Sergio joins Radisson Hotel Group from TeamSystem Group, the leading management software company in Italy, where he was CFO since 2015. During his time there, he supervised the sale of the group from one private equity fund to another (Hellman & Friedman), which has given him a deep understanding of capital markets.

Prior to that, he spent two years serving as CFO of Bolton Group, a privately owned FMCG group, following sixteen years at Danone. His final role there saw him responsible for the global corporate development of the company's leading division - after holding several country and regional CFO roles.

Sergio graduated from Insead's Advanced Management Program (AMP) and has a major in Business Economics from the University of Salerno.

Sergio will take on the duties of Knut Kleiven, who is currently the Deputy President & CFO of Radisson Hospitality AB and a member of the Global Steering Committee for Radisson Hotel Group. After more than 30 years of service, Knut is retiring.

Formerly an Internal Auditor for SAS, Knut joined the company in 1986 as Group Accounting Manager, swiftly moving up to become CFO in 1994, when the Rezidor Hotel Group signed a strategic agreement with Carlson Hotels to develop the Radisson SAS brand under a master franchise agreement for EMEA. He helped guide the group's rapid expansion, actively supporting the President & Chief Executive Officer in driving the company's strategic development, while also steering its economic policy.

Taking over the role of CFO from Knut (along with his position on the Global Steering Committee), Sergio will be based at Radisson Hospitality AB's headquarters in Brussels, reporting directly to President & CEO Federico J. González-Tejera. Within EMEA, Sergio will have responsibility for the Finance, Accounting, Group Tax, Internal Audit, and Group Controlling central teams.

Radisson Hotel Group (RHG)

Radisson Hotel Group (formerly Carlson Rezidor Hotel Group) is one of the world's largest hotel groups with eight distinctive hotel brands, more than 1,400 hotels in operation and under development around the world.
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