William Davenport has been appointed as Chief Financial Officer (CFO) at Aimbridge Hospitality
Aimbridge Hospitality, a leading, hospitality management company and the world's largest third-party hotel operator, today announced William Davenport as its new Chief Financial Officer, effective July 8. Davenport will sit on the organization's executive leadership team and report directly to Craig S. Smith, Chief Executive Officer.
As Chief Financial Officer, Davenport will oversee the financial management of the company and have direct responsibility for accounting, financial planning and analysis, compliance, tax, treasury, and procurement. He will utilize more than three decades of strategic experience across high growth businesses in hospitality, restaurants, franchising, and private equity to help drive Aimbridge's global expansion strategy, build new core competencies, transform financial reporting systems, and simplify processes to enhance the comprehensive, best-in-class services provided to the company's owners, brand partners, and vendors.
Davenport joins Aimbridge following his most recent role as Chief Financial Officer with Velvet Taco, a fast-growing restaurant chain. Prior to Velvet Taco he served as Chief Financial Officer at Topgolf for a decade where he helped the concept grow from nine venues to its current scale of more than 80 U.S.-based locations, a global footprint, and revenues exceeding $1.75 billion. Davenport was instrumental in Topgolf's growth journey, including hiring critical functional talent and scaling the team, working with capital markets, and overseeing the integration of Topgolf into Callaway Golf following the brand acquisition.
Davenport's experience also includes senior level finance leadership roles at Haggar Clothing Co, Neiman Marcus Group, and Brinker International Inc., after beginning his career at KPMG Peat Marwick.
Davenport will work closely with the senior leadership team, including the company's recently appointed Chief Global Growth Officer, Eric Jacobs, and its news Chief Legal Officer, Greg Moundas.