Wyndham Hotels & Resorts Announces Leadership Change with New CFO Appointment

Wyndham Hotels & Resorts Announces CFO Transition

Wyndham Hotels & Resorts, a prominent player in the hospitality sector, recently disclosed a significant change in its financial leadership. Michele Allen, who has served as the Chief Financial Officer (CFO) and Head of Strategy for the company, is set to leave her post. She is embarking on a new opportunity outside the hotel industry, marking the end of her 25-year tenure at Wyndham.

Kurt Albert, previously the Treasurer and Head of Financial Partnerships Planning, has been appointed as the Interim CFO effective immediately. This decision, as announced on November 4, 2025, aligns with Wyndham's strategy to ensure a smooth transition and maintain continuity within the finance department. The company plans a thorough search process for Allen's permanent successor, reflecting its commitment to finding a leader who can navigate the complexities of its financial landscape.

In a statement, Geoff Ballotti, President and CEO of Wyndham, praised Allen for her invaluable contributions over the years. He highlighted her exceptional financial expertise and strategic insight that have been instrumental in guiding Wyndham through numerous pivotal phases. “Michele has been a cornerstone of our team, and her dedication has helped shape our company’s success,” Ballotti remarked.

Allen expressed her gratitude for the experiences and relationships she forged during her time at Wyndham. She commented on the unique opportunity to work alongside talented individuals who live the company’s values daily. “I’m proud of what we’ve built together, and I look forward to this new chapter while remaining a supporter of Wyndham,” she added.

Kurt Albert’s appointment as Interim CFO serves as a testament to the strong leadership within Wyndham’s finance team. With over 15 years of experience in various roles related to finance at Wyndham, Albert is well-equipped to lead the company through this transition phase. His previous role as Treasurer included managing financial planning and partnerships, showcasing his depth of experience and strategic mindset that will be crucial during this period.

As Wyndham Hotels & Resorts navigates this transition, it has reaffirmed its financial outlook for the remainder of 2025, indicating confidence in its operational performance and stability. The company continues to dominate the hotel franchising market, boasting approximately 8,300 hotels across 100 countries, thereby providing abundant accommodations for travelers worldwide.

Wyndham’s portfolio encompasses an impressive array of 25 hotel brands, including well-known names like Super 8, Days Inn, and Ramada among others. The company also operates a valued loyalty program, Wyndham Rewards, which currently engages around 121 million members.

In light of these developments, both internal and external stakeholders are closely monitoring Wyndham's progress and the overall health of the hospitality industry. The leadership transition represents not just a change in personnel but a shift that could influence the company's strategic direction moving forward. As the hospitality market continues to evolve, Wyndham’s ability to adapt and implement strong financial stewardship will be crucial in maintaining its competitive edge and sustaining growth.

Wyndham Hotels & Resorts invitation to learn more about their ongoing initiatives and corporate governance can be found on their investor relations website, underscoring their commitment to transparency and effective communication during this transition period.

As the search for a new permanent CFO is underway, Wyndham is poised to continue its trajectory as a leader in the hospitality industry, fostering innovation and enhanced experiences for its guests and business partners alike.