Travel industry tech firm Travelport has appointed Nick Bray as its new CFO, it has announced.

Bray joins the firm for British cybersecurity firm Sophos, where he served as CFO for nine years.

Bray has spent over 25 years in the technology sector and has a track record of significantly increasing company value by accelerating growth, Travelport said.

His departure from Sophos was first announced in July.

Nick has a 1st class bachelor's degree in civil engineering from Aston University, UK, and is a qualified chartered accountant having trained with PwC.

He is currently a non-executive director of British banknote manufacturer De La Rue.

Travelport operates a travel commerce platform providing distribution, technology, payment and other solutions for the global travel and tourism industry.

The company facilitates travel commerce by connecting travel providers with online and offline travel buyers in a proprietary business-to-business (B2B) travel platform.

Commenting on the appointment, Travelport CEO Greg Webb said: “Nick has impressive commercial and growth credentials. He has extensive international and operational skills combined with significant public company and private equity experience.

“We are very much looking forward to him joining the team in this new era for Travelport.”

Bray added: “It’s an exciting time to be joining Travelport, a truly global company with ambitious plans for its growth and development. I look forward to working with Greg, the executive management team and our colleagues in my new role.”

Travelport is headquartered in Langley, U.K., has over 3,700 employees and is represented in approximately 180 countries and territories.