Ex-PwC partner takes hotel FD role
Former PwC real estate partners takes FD role at hotel business which hopes to sell up by December 2016
A FORMER PWC PARTNER has taken an interim finance director role at hotel business MWB Group.
William Starn spent 21 years at the Big Four firm latterly as partner in its Los Angeles office where he led the real estate and hospitality team in providing audit tax and consulting services to investors in that particular industry.
He was previously finance director of Mint Hotels, the UK and Netherlands hotel chain, now part of the Doubletree by Hilton and Hilton Garden Inn hotels group, where he oversaw the debt refinancing.
Starn is initially taking on a six month appointment at MWB and succeeds Jagtar Singh who has left the company to pursue other opportunities.
MWB owns some of the UK’s leading hotel brands including Malmaison and Hotel du Vin as well as Business Exchange, the office provider. The company has developed these businesses for many years with the intention of selling them off for a substantial profit and returning funds to shareholders before December 2016.
Eric Sanderson, chairman of MWB, said: “I would like to thank Jag for his valuable and loyal commitment over the past 14 years and we wish him well in the future.
“I am very pleased to welcome Bill to MWB. His experience at Mint Hotels, with PricewaterhouseCoopers and the wider hospitality and property markets all qualify him well for the role.”