DALLAS — Sonida Senior Living Corp. (NYSE: SNDA), a Dallas-based owner-operator, has appointed Kevin Detz as chief financial officer.
Detz joins Sonida from Aimbridge Hospitality, a third-party hotel management company.
Over eight years at Aimbridge Hospitality, Detz served in multiple roles. From January 2020 to April 2022, Detz served as executive vice president and operational chief financial officer, where he was responsible for leading the company’s corporate and operational accounting and reporting functions. There, he transformed the company’s back-office services into a profitable professional services platform and reorganized the corporate treasury and finance functions to create enhanced visibility into the company’s forecasting and liquidity functions during the pandemic.
From October 2016 to December 2019, Detz was senior vice president and chief accounting officer at Aimbridge and served in key leadership roles in each of the company’s six acquisitions and related integration activities, contributing to the scalability of the organization. He assumed responsibility for the company’s corporate accounting function and increased efficiency by automating manual processes, which resulted in enhanced accuracy and timely reporting. Additionally, he led the company’s external audit function, reducing fees and delivering cleaner audit results.
Earlier in his career, Detz was a controller and vice president at Goldman Sachs & Co. where he was responsible for the accounting oversight of $4 billion in hospitality assets (270 hotels) for the Goldman Sachs Real Estate Management Division.
At the beginning of his career, Detz spent several years as an audit manager for Ernst & Young performing audits for SEC companies and preparing and reviewing financial statements and related disclosures.
Detz graduated magna cum Laude with a degree in business administration from Duquesne University in Pittsburgh, and is a Certified Public Accountant. Detz is a member of the AICPA and American Hotel & Lodging Association Global Finance Committee.