Erin Wallace Joins Sonder Holdings Inc. Board of Directors

Erin Wallace Joins the Board of Directors of Sonder Holdings Inc.

Sonder Holdings Inc. (NASDAQ: SOND) is pleased to announce the recent addition of Erin Wallace to its Board of Directors, effective January 1. This strategic appointment signifies a pivotal moment of growth and governance enhancement for Sonder.

Leadership Changes at Sonder

Erin Wallace’s arrival follows the resignation of Nabeel Hyatt, who had been a valuable member of the Board since 2016, effective December 31. The Board is also moving toward a model characterized by independent oversight, appointing Janice Sears as Chairperson to lead this initiative. Sears, previously the Lead Independent Director, expressed excitement about Wallace’s extensive background that perfectly aligns with Sonder’s ambitious plans.

Erin Wallace’s Impressive Background

With an impressive career spanning over three decades, Erin Wallace brings a wealth of experience from the hospitality and entertainment sectors. Most notably, she has held numerous executive roles at The Walt Disney Company, overseeing global guest operations within their theme parks and resorts. Her expertise extends to being the Chief Operating Officer at Great Wolf Resorts, where she successfully managed operations across a vast number of facilities. Additionally, her role in leading over 900 early childhood education centers through The Learning Care Group further highlights her operational excellence.

Commitment to Corporate Governance

Janice Sears spoke highly of the appointment: "We are thrilled to welcome Erin to the Sonder Board. Her expertise at the intersection of hospitality and operations is the perfect complement to our Board as we oversee Sonder’s next phase of transformation and growth. Ongoing refreshment and continuous governance enhancements are an important part of our work and the changes we announced today underscore that commitment. On behalf of the entire Board, I want to thank Nabeel for his countless contributions and longstanding service to Sonder." This sentiment emphasizes the Board’s focus on continuous improvement and the importance of strong governance.

Looking Ahead: A New Chapter for Sonder

As Sonder moves forward with its strategic licensing agreement with Marriott International, Erin Wallace's operational expertise will be crucial to driving integration efforts. Francis Davidson, Co-Founder and CEO of Sonder, remarked, "Nabeel saw our vision for Sonder from the very beginning, and his early investment has been a foundational part of our growth story. I have greatly appreciated his guidance over the past decade and Nabeel has helped Sonder achieve numerous milestones." The leadership clearly recognizes the need for dynamic strategies.

The Future of Sonder

Sonder, a well-known brand featuring premium, design-forward accommodations and boutique hotels, operates in over 40 markets across ten countries. This diverse footprint and blend of innovative technologies make Sonder a frontrunner in the hospitality sector. The company harnesses the power of its app to offer an unmatched guest experience, allowing for seamless interactions and flexibility during stays.

About Sonder Holdings Inc.

Founded in 2014, Sonder Holdings Inc. is dedicated to transforming the hospitality experience by combining stylish residences with cutting-edge service. This goal is evident across its continuously expanding portfolio of properties designed to appeal to modern travelers who value both aesthetics and functionality.

Frequently Asked Questions

What is the main focus of Sonder Holdings Inc.?

Sonder specializes in premium, design-forward apartments and boutique hotels aimed at enhancing the travel experience for modern guests.

Why was Erin Wallace appointed to the Board of Directors?

Erin Wallace was appointed due to her extensive operational expertise in hospitality and her ability to support Sonder’s strategic growth initiatives.

Who did Erin Wallace replace on the Board?

She replaced Nabeel Hyatt, who served on the Board since 2016 but resigned effective December 31.

What is Sonder's approach to corporate governance?

Sonder emphasizes continuous improvement and governance enhancement, reflected in its leadership structure with an independent Board Chairperson.

How does Sonder enhance the traveler experience?

Sonder utilizes technology to offer an intuitive app that provides guests with self-service options, easy check-in, and direct access to amenities and support.

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