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CFO Power Shift: Viceroy Hotels Welcomes Krishna Reddy as Pradyumna Kodali Makes a Surprise Exit

Updated: May 19, 2025 16:07

Image Source: Hotel Technology News
Viceroy Hotels Limited, a prominent player in the hospitality sector, has announced a significant change in its financial leadership. Pradyumna Kodali, who has served as Chief Financial Officer since October 2023, will step down from his role effective May 31, 2025. Stepping into his shoes is P.V. Krishna Reddy, whose appointment signals a new chapter for the company as it continues its strategic transformation.
 
Key Highlights:
  • Leadership Transition: Pradyumna Kodali, credited with steering Viceroy Hotels through a period of operational restructuring and growth, will resign as CFO at the end of May 2025. Kodali’s tenure saw pivotal initiatives, including the successful sale of non-core subsidiaries and a renewed focus on core hospitality assets.
  • Incoming CFO: P.V. Krishna Reddy, an experienced board member and finance professional, has been appointed as the new Chief Financial Officer. Reddy’s appointment is expected to strengthen the company’s financial governance and support its ongoing expansion and digital transformation strategies.
  • Strategic Focus: The leadership change comes at a time when Viceroy Hotels is emphasizing guest experience enhancements, technological advancements, and sustainable growth. The company remains committed to maximizing profitability through property renovations and exploring new market opportunities.
  • Board’s Perspective: The Board and management have expressed gratitude to Kodali for his contributions and are optimistic about Reddy’s ability to drive the company’s financial performance in the next phase of its journey.
This CFO transition underscores Viceroy Hotels’ commitment to robust leadership and strategic agility as it navigates a dynamic hospitality landscape.
 
Sources: Viceroy Hotels Annual Report, Goodreturns, LinkedIn

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