Nikki Beach Hospitality Group has announced the appointment of Richard Johnson as its new Chief Financial Officer. With an impressive career spanning nearly 30 years at PricewaterhouseCoopers (PwC), Johnson brings a wealth of experience in financial leadership and strategic development. Known for leading the Silicon Valley Tax Practice at PwC, he has worked with some of the world’s most influential technology companies, offering expertise in tax policy, mergers, acquisitions, and international structuring.
During his tenure at PwC, Johnson managed a team of over 360 professionals and worked on complex global tax strategies for Fortune 500 companies across sectors like technology, streaming, payments processing, and semiconductors. His background in navigating complex financial landscapes makes him an ideal addition to Nikki Beach as the company accelerates its global expansion.
Lucia Penrod, the owner, co-founder, and CEO of Nikki Beach Hospitality, expressed excitement about Johnson’s appointment, saying, “We are excited to welcome Richard to the Nikki Beach Hospitality Group family. His extensive experience in financial strategy will be instrumental as we continue to elevate our brand and expand into new markets. Richard’s expertise will ensure our financial infrastructure is as strong as our commitment to delivering exceptional guest experiences.”
Johnson also shared his enthusiasm for joining Nikki Beach at such a pivotal moment in its growth. “I am honored to join Nikki Beach Hospitality Group at such a dynamic time in its growth,” he said. “The company has built an incredible legacy in barefoot luxury hospitality, and I look forward to working alongside the leadership team to drive financial excellence and strategic development. My focus will be on optimizing operations and supporting the brand’s continued success worldwide.”