Hyatt Hotels Corp. said Monday that Joan Bottarini will become its new finance chief, as its current CFO is leaving for Starbucks Corp.
Bottarini, currently senior vice president of finance for the Americas at Hyatt H, +0.54% , will succeed Patrick Grismer, who will start as Starbucks’s finance chief in late November.
Bottarini, who will assume the CFO role Nov. 2, has been with Hyatt since 1999. She has held multiple positions with the company, including vice president of hotel finance for the Asia Pacific, vice president for strategic financial planning and analysis, and director for financial communications, Hyatt said in a statement.
Bottarini will take the CFO job at a company that has seen its stock climb 58% during Grismer’s tenure, starting in March 2016, according to analysts at Cowen.
An expanded version of this report appears on WSJ.com.
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