Rosewood Hotel Group has named strategic advisor Kevin Yung chief financial officer, effective immediately, the company announced Thursday.
As CFO, Yung will retain his position as managing partner of Rosewood Capital Ventures, which he has held for two years, making him "uniquely positioned to optimize the synergies between the two organizations," through "unified leadership," the company said in a statement. Yung previously served as strategic advisor to Rosewood. Prior to Rosewood, Yung was CEO of Chow Tai Fook Education Group in Hong Kong and VP of Citigroup in New York.
Yung replaces Joe Chang, who had served as Rosewood's CFO since 2018 before departing in March. Chang now serves as president of the Shanghai-based New World Tongpai Hotels Group, according to his LinkedIn page.
The news follows Rosewood’s promotion of SVP Lucy Werner to chief commercial officer, announced in March.