Wyndham Hotels & Resorts (NYSE: WH) has announced the appointment of Alexandra A. Jung to its board of directors. Ms. Jung brings a wealth of experience, with over 25 years in investment management across various sectors, including hotel and leisure, power, consumer, industrials, transport, energy, healthcare, and real estate.
Ms. Jung currently serves as the co-founder and managing partner of Amateras Capital, as well as the head of private debt funds and partner at AEA Investors. She has previously held prominent roles at Oak Hill Advisors and Goldman Sachs, and she currently sits on the board of NVR, Inc., one of America’s leading homebuilders.
With the addition of Alexandra Jung, Wyndham's board now expands to 9 directors, seven of whom are independent. This appointment comes at a time when the company is focused on positioning itself for sustained growth and continued leadership in the global hotel franchising industry.
Wyndham Hotels & Resorts, the world’s largest hotel franchising company, operates approximately 8,300 hotels across approximately 100 countries on six continents, commanding a leading presence in the economy and midscale segments of the lodging industry. The company's portfolio includes 25 hotel brands, and its Wyndham Rewards loyalty program boasts approximately 121 million enrolled members.
The addition of Alexandra A. Jung to the board of directors is expected to bring valuable expertise and insights to further drive the company's strategic initiatives and growth trajectory. Today the company's shares have moved -0.41% to a price of $72.08. If you want to know more, read the company's complete 8-K report here.
