EHL Group Appoints Mr. Tony Morales as Chief Financial Officer

LAUSANNE, Switzerland, September 5, 2018 - EHL Group, the holding company of Ecole  hôtelière  de  Lausanne  (EHL),  has  appointed  Mr.  Tony  Morales  as  Chief Financial Officer (CFO) and a member of the Executive Committee, effective August 20, 2018.

EHL is currently implementing an ambitious development strategy. At a local level in Switzerland, this includes the development of the new campus in Lausanne estimated at more than CHF 200 mio. In  addition,  at  an  international  level  there  are  plans  to  establish  new facilities in  Asia and partnerships to further expand the Group’s offering. This is where Mr. Morales’ solid international
experience  and  extensive  hospitality  expertise  will  be  extremely  beneficial.  In  his  role, Mr. Morales, will ensure the Group’s long - term financial health, and that sufficient funding is in place
to execute these plans while complying with all international accounting and tax requirements.

Immediately prior to moving to EHL, Mr. Morales was the Global Chief Financial Officer for Scenic Luxury Cruises and Tours, a Tour operator. Prior to this, Mr. Morales spent sixteen years at Hyatt Hotels Corporation (HHC) in various Finance leadership roles, most recently heading the Finance function of HHC Europe, Africa, the Middle East and Southwest Asia business unit. Beforehand, Mr. Morales worked 10 years at KPMG in Switzerland, where he worked in audit and advisory services, supporting clients in various industries and in the public sector.

Commenting on his appointment, Mr. Morales says: “I’m very excited to be joining EHL Group at such  a dynamic  time,  on  the  eve  of  the university’s 125th  anniversary.  With  so  many  projects
under  development, EHL  Group  shows  very  promising  growth  projections  and  an  exciting roadmap for the next years”.

Mr. Morales holds a Master of Science in Economics from the University of Neuchâtel and a Swiss Certified Accountant Diploma from EXPERTsuisse in Zurich.

About this new appointment, Group CEO, Michel Rochat said that “hospitality is changing and EHL is evolving into a leading multinational institution. With this in mind,
Mr. Morales’ experience over  the  last  20  years  will  be very valuable,  enabling him to  draw  on his international  and multifunction expertise  and  knowledge. We  are  delighted  to  welcome  him  and wish  him  great success in his new role”.

EHL Group encompasses a portfolio of specialized business units that deliver hospitality management education and innovation worldwide. Based in Lausanne, Switzerland, the Group includes:

• Ecole hôtelière de Lausanne (EHL) is an ambassador for traditional Swiss hospitality and has been a pioneer in hospitality education since 1893 with over 25,000 alumni worldwide.
  EHL is a leading university that provides a range of on-campus and online learning solutions, including undergraduate, graduate and certificate programs talented students from 119 different countries.
   
• The Swiss School of Tourism and Hospitality (SSTH) has been one of the leading hospitality management schools for hotel specialists for 50 years. SSTH delivers Swiss-accredited vocational training and higher vocational education in its newly renovated 19th century spa-hotel in Passugg, Graubünden, to Swiss and international students from 20 countries.
   
• Lausanne Hospitality Consulting (LHC) is a comprehensive hospitality solutions company, providing knowledge advisory, management support, people development,executive education, schools development and vocational training solutions.