Outrigger Hospitality Group has announced the promotion of Avery Aoki from Vice President of Finance to Chief Financial Officer (CFO). He succeeds David Nadeau, who will help to ensure a smooth transition for Outrigger’s financial team before retiring at the end of this year.
As CFO, Aoki will serve as a key member of Outrigger’s executive team. He will assist Outrigger, furthering the company as a best-in-class revenue operator and partner. He will help Outrigger in its mission to be The Premier Beach Resort Brand in the World through fiscal support of new acquisitions and property elevations.
“Avery is a well-respected, proven leader with an acute understanding of the hospitality industry’s macro-environment alongside Outrigger’s specific business needs,” said Jeff Wagoner, President and CEO of Outrigger Hospitality Group.
“He has been instrumental in our efforts to weather the current financial situation and to position Outrigger favourably for future development opportunities. I am immensely grateful to have his wisdom and insights as our new CFO.”
For more than three decades, Aoki has had a notable career with Outrigger – joining the company in 1986 as controller. In 1990, he was promoted to Director of Finance, followed by Vice President of Finance and Accounting in 1996.
Aoki was pivotal in helping to navigate global accounting and financial operations as the Outrigger portfolio grew worldwide, including working in the company’s Phuket office for nearly five years. He continues to provide invaluable leadership in creating and implementing greater efficiency across the company’s operations in Hawaii and Asia Pacific as well as financial reporting, audits, transitions, contract negotiations, financial modelling and analysis.
Born and raised in Hawaii, he earned his CPA in 1985 and also holds a Bachelor of Business Administration, majoring in accounting and an Executive Masters in Business Administration, both from University of Hawaii at Mānoa.