Kempinski Hotels has appointed Michael Pracht as chief financial officer and as member of the management board. As cfo, Pracht will oversee the company’s finance and technical services on corporate, regional and hotel level. Pracht will be replacing Colin Lubbe, who decided to step down.
Pracht brings more than 35 years of finance and operations experience within the hospitality industry. Prior to joining Kempinski Hotels, he served as general manager at HMS, a part of Maritim Hotel Group, where he was leading the finance and operations departments while also looking after the development of the company’s international portfolio.
Pracht also held various senior management positions on corporate level, mainly within the finance and controlling areas, among others within Thomas Cook Group. Prior to this, he gained vast international experience when serving at various locations of Sheraton Hotel & Resorts during the first 13 years of his professional career.
Photo: Courtesy of Kempinski Hotels