Carlos Flores, President and Chief Executive Officer of Sonesta International Hotels Corporation has announced the appointment of Stephen Miano as the company's Chief Financial Officer & Treasurer. Miano officially joined the Sonesta corporate team in Newton, MA on Monday, May 2nd, 2016.
Miano, a 25 year veteran of the hospitality industry, brings to Sonesta both domestic and international experience, with a history of managing finance operations in the Americas, Middle East, Asia, and Europe. He previously worked in senior finance leadership roles at Rosewood, Four Seasons and most recently Commune Hotels + Resorts as their Chief Financial Officer, where he led the company's Financial, Information Technology, Legal and Administration, and Risk Management disciplines.
At Sonesta, Miano will lead the Finance organization where he will develop top notch talent with depth in foundational accounting and finance skills. He will be responsible for financial planning and analysis, strategic planning and risk management. He will oversee accounting operations, internal controls, as well as manage the treasury, cash flow and working capital of the company, playing a significant role in the development of the Sonesta capital structure. He will provide financial expertise, information and insight to owners, and make recommendations that support the continued growth goals of the organization through an appropriate development and acquisition program that will continue to include expansion.
"Stephen Miano is a seasoned and successful financial executive with impressive technical and professional credentials achieved in over two decades of experience in the hospitality industry," said Carlos Flores, President and Chief Executive Officer of the Sonesta International Hotels Corporation. "We are very pleased to welcome Steve to the Sonesta family and believe that he will be a valuable addition to our corporate executive team."
Miano received his graduate degree in accounting and information systems from the University of Texas at Dallas and his undergraduate degree in hotel administration from Cornell University. He is relocating to Boston from the San Francisco Bay Area with his family.
Sonesta is a growing, global hospitality brand with more than 60 properties in eight countries, centered on a dedication to delivering a guest experience that provides more than just a place to stay. There is no typical Sonesta. A portfolio of diverse and distinctive properties as individual as its guests, the Sonesta collection covers a full range of services from independence to full-service indulgence.
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