“Brad has
consistently demonstrated his ability to lead and manage the finances for
Carlson’s global hospitality and travel businesses and was the obviouschoice for the Board,” stated Rautio. “His
long and distinguished tenure with Carlson, and keen understanding of the
financial complexities of our businesses, uniquely qualify him for this key
leadership position.”
Upon
accepting the CFO position, Hall said, “It is a privilege to be chosen for this
important role at Carlson and serve on the senior leadership team that is
charting a course for ongoing success.”
Hall has
been with Carlson for 12 years, since 1998, and prior to assuming the interim
CFO duties, he was responsible for the company’s treasury, strategic planning,
investment analysis and risk management activities. In this capacity, he
directly led and advised on loan transactions totaling more than $2.5 billion,
including securing the debt financing for Carlson’s first two Radisson Blu
hotels in the U.S. Hall also oversaw the share purchases that secured Carlson’s
majority interest in the Rezidor Hotel Group.
Previously,
he served in financial planning and analysis, accounting and internal audit
roles within Carlson. His work included centralizing TGI Fridays accounting
processes, providing financial and strategic decision support, renewing
investment opportunities and designing and implementing management incentive
plans.