Horwath HTL Announces Philip Bacon as New Global Chair
John Fareed Steps Down After Transformative Tenure; Philip Bacon Appointed
FOR IMMEDIATE RELEASE
New York – Horwath HTL, the world’s leading specialist hospitality, tourism and leisure consulting and advisory brand, part of the Crowe Global network, today announced that Philip Bacon has been appointed Global Chairman, effective immediately. Philip Bacon succeeds John Fareed, who has stepped down following a distinguished tenure that reshaped the global organisation.
Under John Fareed’s leadership, Horwath HTL achieved significant milestones and was marked by a deepening of collaboration across the network and the strengthening of Horwath HTL’s position as the pre-eminent global HTL consulting and advisory brand.
“Serving as Global Chairman of Horwath HTL has been one of the greatest privileges of my professional life,” said John Fareed. “I leave this role with complete confidence in the future of this outstanding global organisation and in Philip Bacon’s ability to lead it into its next chapter. I am proud to remain part of the Horwath HTL network and look forward to continuing to contribute to its success.”
Philip Bacon brings extensive experience, deep industry knowledge, and a proven record of leadership to the role of Global Chairman. A long-standing member of the Horwath HTL Committee, he is widely respected across the hospitality industry for his strategic insight and commitment to the organisation’s values and mission.
“I am honoured to take on the role of Global Chairman and deeply grateful for the confidence placed in me,” said Philip Bacon. “John Fareed has left Horwath HTL in an excellent position, and I look forward to building on that strong foundation alongside our extraordinary global team. Our network’s strength lies in the talent, dedication and expertise of our people, and I am committed to ensuring we continue to grow and lead in everything we do.”
John Fareed will remain an active and valued member of the Horwath HTL network, and the organisation looks forward to his continued involvement in the years ahead.
Kamel Abouchacra, Chief Executive Officer of Crowe Global said:
“Philip’s appointment is excellent news for our network. His deep roots in Horwath HTL and his standing across the global hospitality industry make him the ideal person to lead into its next chapter. By combining Crowe’s broad professional services capabilities with Horwath HTL’s deep industry expertise, we can create greater value for clients and unlock new growth opportunities.”
At Horwath HTL, our focus is one hundred percent on hospitality, tourism, and leisure consulting and advisory. Our services cover every aspect of hospitality, tourism, and leisure development and operations. Our clients choose us because we have earned a reputation for impartial advice that will often mean the difference between failure and success. Each project we help is different, so we need all the experience we have gained over our 110-year history.
We are a global brand with more than 55 offices in 40 countries, who have successfully carried out over 50,000 assignments for private and public clients. We are part of Crowe Global, a top 10 accounting and financial services network. We are the number one choice for companies and financial institutions looking to invest, develop and operate in the industry.
We are Horwath HTL, the global leader in hospitality, tourism, and leisure consulting and strategic advisory services.
If you have any questions, please contact James Chappell, Global Business Director at [email protected]