Hotel Equities names David Scharfstein CFO

Hotel owner, operator and development firm Hotel Equities (HE) has appointed David Scharfstein as the company’s new CFO. In his new role, he will lead and support all functions and future financial strategy for HE’s finance and accounting discipline with an elevated focus on mergers and acquisitions, according to the company.

Scharfstein has 15-plus years of experience as a strategic partner to the C-suite and board of directors, and a corporate finance background across a wide range of industries and functions. He joins HE from EmployBridge, where he spent the past four years as VP, financial planning & analysis and later VP, 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, he 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 $550-million 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/CEO, HE. “His expertise will be a tremendous asset to Hotel Equities as we continue to scale.”

He is based in the company’s corporate headquarters in Alpharetta, GA.