ATLANTA, GA (September 1, 2022) – Today, hotel owner, operator, and development firm, Hotel Equities (HE), announced the appointment of David Scharfstein as Chief Financial Officer. In his new role, Mr. Scharfstein will lead and support all functions and go forward financial strategy for HE’s finance and accounting discipline with an elevated focus on mergers and acquisitions.

Mr. Scharfstein has 15+ years of experience as a strategic partner to the C-suite and board of directors, and an extensive corporate finance background across a wide range of industries and functions. He joined Hotel Equities from EmployBridge where he spent the past 4 years as Vice President of Financial Planning & Analysis and later Vice President of M&A Integration and Enterprise Initiatives. While there, he was tapped to stand up and lead an enterprise transformation organization reporting to the CEO to lead post-merger integration in support of M&A strategy and other enterprise-wide initiatives. Prior to EmployBridge, David was Senior Director of Financial Planning & Analysis at nThrive, Inc. where he served as finance business partner for the C-suite and supported total company financial planning for the newly formed $550M Private Equity-backed entity.

“David has an extensive background in FP&A (financial planning & analysis) and a proven track record of leading highly productive teams through periods of rapid growth,” said Brad Rahinsky, President & Chief Executive Officer for Hotel Equities. “His expertise will be a tremendous asset to Hotel Equities as we continue to scale.”

Mr. Scharfstein holds a Bachelor of Business Administration from Georgia Southern University and a Master of Business Administration from the University of Georgia.

He is based in Hotel Equities’ corporate headquarters in Alpharetta, GA.