Nikki Beach Appoints New CFO Richard Johnson Amid Global Expansion
Portfolio - People | Mar 20, 2025 | EIN
Nikki Beach Hospitality Group has appointed Richard Johnson as its new Chief Financial Officer. Johnson, who boasts nearly three decades of experience at PricewaterhouseCoopers (PwC), is renowned for his leadership of the Silicon Valley Tax Practice and his advisory role for major technology firms. His breadth of expertise in tax policy, mergers, acquisitions, and international structuring equips him to navigate complex financial settings, making him a valuable asset as Nikki Beach pursues global expansion. Lucia Penrod, CEO of Nikki Beach, expressed enthusiasm for Johnson's role in enhancing their financial strategy to underpin the company's brand elevation and market expansion endeavors. Johnson himself expressed delight in joining Nikki Beach at a time of significant growth, eager to optimize operations and bolster the company's worldwide success.
Sectors
- Hospitality
- Professional Services
Geography
- Global – Nikki Beach Hospitality Group is involved in global expansion efforts, indicating an international scope of operations.
Industry
- Hospitality – Nikki Beach Hospitality Group operates within the hospitality industry, characterized by services such as accommodations, food, and leisure activities.
- Professional Services – Richard Johnson's extensive background in consulting and advisory services at PwC positions this article within the professional services industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Nikki Beach Hospitality Group | Company | Target Company | A global hospitality brand known for its luxury offerings and distinctive lifestyle experiences. |
| Richard Johnson | Individual | People | Newly appointed Chief Financial Officer of Nikki Beach Hospitality Group, formerly a long-time veteran at PwC. |
| PricewaterhouseCoopers (PwC) | Former Employer | Company | Johnson's previous employer, where he led the Silicon Valley Tax Practice and influenced major technology clients. |
| Lucia Penrod | Individual | People | Owner, co-founder, and CEO of Nikki Beach Hospitality Group, driving the company's strategic vision. |