Wyndham Hotels & Resorts Welcomes Alexandra A. Jung to Board of Directors

Wyndham Hotels & Resorts, the largest hotel franchisor in the world, has made a significant move by appointing Alexandra A. Jung to its Board of Directors. This decision comes as part of the company's strategy to bolster its leadership and ensure sustainable growth in the hospitality sector. Jung, who will serve on both the Corporate Governance and Audit Committees, brings over 25 years of extensive experience across various sectors, including investment management, hospitality, and energy.

Background on Alexandra A. Jung

Jung is not just a seasoned business professional but also a recognized leader in the investment world. She is currently a Co-Founder and Managing Partner at Amateras Capital, where she oversees Private Debt Funds. Before this role, she made a mark at Oak Hill Advisors in London and New York, leading the firm’s European expansion and managing global portfolios. Her time spent at Goldman Sachs was also notable, where she spearheaded investments within the European Special Situations Group. This wealth of knowledge and managerial expertise positions her perfectly to make impactful contributions to Wyndham.

The Chairman of the Board, Stephen P. Holmes, articulated the board's enthusiasm for Jung's addition, recognizing her vast experience in both domestic and international arenas. He stated, "With vast experience across oceans and corporate sectors, Alex is an experienced business builder and leader with deep global portfolio management, international investment, and operational experiences." He believes Jung's appointment will assist in positively shaping Wyndham's future, making hotel travel accessible to everyone.

Commitment to Diversity and Inclusion

Notably, Jung is an advocate for diversity in leadership, especially when it comes to supporting women in executive roles. As a founding board member of the Women’s Business Collaborative, she has worked extensively to uplift women's representation in C-suites, boards, and leadership positions. Her commitment to gender equity aligns well with Wyndham's own corporate values, as the company continues to promote diversity within its ranks.

A Closer Look at Wyndham Hotels & Resorts

Wyndham Hotels & Resorts operates around 8,300 hotels in roughly 100 countries, catering mostly to the economy and midscale segments of the lodging industry. With a diversified portfolio that includes brands such as Ramada, Days Inn, and Super 8, the company commands a significant presence in the global hospitality landscape. Wyndham also boasts an impressive loyalty program, Wyndham Rewards, which includes approximately 121 million enrolled members who can redeem points at various hotels and vacation properties worldwide.

The board now consists of nine directors, with Jung being one of seven independent members, reflecting Wyndham's commitment to transparent governance. Other notable board members include Geoffrey A. Ballotti, the company’s CEO, and various accomplished professionals from different sectors.

Conclusion

The strategic appointment of Alexandra A. Jung to the Board of Directors not only enhances the governance of Wyndham Hotels & Resorts but also reinforces its commitment to growth and innovation in the hospitality industry. As the company moves forward, Jung's diverse expertise will likely play a critical role in navigating challenges and identifying new opportunities for advancement.