Position
Chief Operating Officer
Company
Concord Hospitality
Description
Concord Hospitality announces the appointment of Will Loughran as its new Chief Operating Officer, effective April 22. Loughran will report to Concord Hospitality President & Chief Executive Officer Mark Laport, succeeding Nick Kellock, who will retire in May.
Executive Insights
Based on hiring dataNew executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months