Nicholson will join the North East hospitality group, which owns some of Tyneside’s most popular hotels, bars and restaurants, in July and will work alongside Malhotra’s chief financial officer.
Prior to joining the group, Nicholson has held several financial roles within the industry over the years, having qualified as a chartered accountant with PwC in 1998.
Recently, Nicholson served as the interim finance director for AIM listed Zytronic PLC and at the private equity backed CAV Systems Group Limited.
On her appointment, Nicholson said: “I am thrilled to be joining such a well-known and respected North East group and looking forward to supporting its growth plans.”
Elliott said: “We are absolutely delighted Kathryn has agreed to join us as our head of finance following the departure of Andrew McColl, our finance director.
“She has a wealth of experience gained in senior finance positions in industry and this experience will be invaluable in strengthening our finance function as we implement our strategic growth plans.”