Wyndham Hotels & Resorts Inc. (NYSE: WH) announced the promotion of Amit Sripathi to chief financial officer.
Sripathi, who most recently served as the company’s chief development officer for North America, succeeds Kurt Albert who has served as interim CFO since November. David Wilner, a 30-year franchise sales veteran, was named to take over Sripathi’s previous position.
Prior to Wyndham, Sripathi was vice president of finance and capital markets at RLJ Lodging Trust. Earlier in his career, he was vice president of global banking at Deutsche Bank.
“Amit’s combination of deep finance and capital markets expertise coupled with firsthand operational leadership at Wyndham make him the ideal candidate to lead our finance organization,” said Geoff Ballotti, president and CEO of Wyndham Hotels & Resorts. “Amit is uniquely qualified to deliver on our shareholder expectations and has proven himself a champion of owners, as evidenced by Wyndham’s record openings, executions and development pipelines both here in the US and internationally. We are confident in his ability to build on our sustained successes and capture opportunities that will drive increased profitability for our franchisees, while returning excess capital to shareholders in a consistent and sustainable manner.”
