Wyndham appoints Amit Sripathi as Chief Financial Officer
Amit Sripathi, Chief Financial Officer, Wyndham Hotels & Resorts
Additionally, the company names David Wilner as Chief Development Officer – North America.
Wyndham Hotels & Resorts, Inc. appointed Amit Sripathi as Chief Financial Officer. Sripathi, who most recently served as the Company’s Chief Development Officer – North America, succeeds Kurt Albert who has served as Interim Chief Financial Officer since November. Additionally, the Company has named David Wilner, a 30-year franchise sales veteran, as Chief Development Officer – North America. Both will report to Geoff Ballotti, President and Chief Executive Officer.
Ballotti, President and CEO, Wyndham Hotels & Resorts, said, “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 organisation. 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 U.S. and internationally.”
Sripathi joined Wyndham in 2021 and has served in a variety of leadership roles at the Company, most recently as Chief Development Officer – North America. He possesses significant operational and finance experience across the lodging industry, including driving the Company’s growth and capital allocation strategy. During his tenure, Sripathi helped Wyndham achieve 20 consecutive quarters of organic net room growth and oversaw the divestiture of the Company’s owned hotels. Prior to Wyndham, Sripathi was with RLJ Lodging Trust, responsible for Capital Markets and Corporate Finance and served in roles of increasing responsibility in the Real Estate, Lodging and Gaming investment banking group at Deutsche Bank.
“Our priority is to maintain our rigorous financial discipline and capital allocation strategy to ensure we achieve our long-term growth objectives and maximise shareholder returns. I very much look forward to partnering with the entire leadership team to drive enhanced value creation and build on the “Count on Me” culture that defines our Company,” said Sripathi, Chief Financial Officer, Wyndham Hotels & Resorts.
In his new role, Wilner will lead the Company’s North American franchise sales and architecture design & construction teams. During his nearly eight years at the Company, he has helped franchisees tap into the power of the Wyndham Advantage and the Company’s iconic brands. Under his leadership Wyndham created and launched ECHO Suites Extended Stay by Wyndham, the fastest growing extended stay brand in the industry. Prior to joining Wyndham, Wilner spent 20 years as part of the franchise sales leadership team for La Quinta.
Ballotti added, “From leading development at La Quinta prior to Wyndham’s acquisition of the brand to driving growth across our new construction prototype brands including La Quinta, WaterWalk, Hawthorn Suites, ECHO Suites and Microtel, David has tremendous expertise translating owners’ needs into strategic growth.”
