Mondee Welcomes Former Accenture Leader Geetika Gupta as Chief People Officer

Rhea-AI Summary

Mondee Holdings Inc. announces the appointment of Geetika Gupta as Chief People Officer. Gupta brings extensive experience in human resources and talent engagement. Her expertise includes talent management, leadership development, and organization design. Mondee recognizes the importance of its people and Gupta's appointment will support the company's growth and success.

Positive

• Geetika Gupta's appointment as Chief People Officer brings expertise in talent management and organization design, which can positively impact Mondee's growth and success.

Negative

• None.

AUSTIN, Texas, May 17, 2023 (GLOBE NEWSWIRE) -- Mondee Holdings Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), a technology-driven, next-generation marketplace in a $1 trillion segment of the travel market, today announced the addition of Geetika Gupta as Chief People Officer (“CPO”), based in the company's Austin, Texas headquarters.

Ms. Gupta's impressive career spans over two decades, during which she has amassed extensive experience in the fields of human resources and talent engagement across multiple geographies such as the United States, India, Singapore and Malaysia. Her expertise includes talent management, leadership development, and organization design and change management.

Prior to joining Mondee, Ms. Gupta held the role of Global HR and Talent Lead at Accenture, where she was responsible for leading human resources initiatives for a globally distributed workforce of 22,000. She also brings the unique experience of working in Accenture Consulting where she led large HR transformation projects for multiple Fortune 100 companies. Prior to Accenture, Ms. Gupta worked at NIIT Knowledge Solutions based out of India adding to her international experience.

Her strong background in these areas along with her strategic and business acumen gives her a solid foundation which will be instrumental in driving Mondee's continued growth and success.

"We are thrilled to welcome Geetika as Mondee's first Chief People Officer. Her passion for creating a positive and inclusive company culture, combined with her experience in talent management and organizational development, make her the perfect fit for our team," said Prasad Gundumogula, Chairman, CEO, and Founder of Mondee. "At Mondee, we recognize that our people are our most valuable asset, and having Geetika on board will help us continue to attract, retain, and develop top talent as we grow and evolve as a company," he continued.

“I am honored to join a company that is committed to creating a diverse, inclusive, and supportive workplace. Mondee's focus on technology and innovation sets it apart in the travel industry, and I am excited to work with Prasad and the rest of the team to attract and develop top talent, foster a culture of innovation and collaboration, and help drive Mondee's continued success. I am keenly aware that the Mondee Marketplace can serve as a valuable benefit for companies, providing employees with access to reduced prices on leisure travel. With Mondee's innovative technology and global reach, we have a unique opportunity to empower our team members and partners to thrive in the modern travel ecosystem while disrupting the industry and creating value for all stakeholders," said Ms. Gupta.

ABOUT MONDEE
Established in 2011, Mondee is a travel technology company and a modern travel marketplace with its headquarters based in Austin, Texas. The company operates 17 offices across the United States and Canada and has core operations in India, Thailand, and Greece. Mondee is driving change in the leisure and corporate travel sectors through its broad array of innovative solutions. The company’s platform processes over 50 million daily searches and generates a substantial transactional volume annually. Its network includes 55,000+ leisure travel advisors and gig economy workers, 500+ airlines, and over one million hotels and vacation rentals, 30K rental car pickup locations, 50+ cruise lines. The company also offers packaged solutions and ancillary offerings that serve a global customer base. On July 19, 2022, Mondee became publicly traded on the Nasdaq under the ticker symbol MOND. For further information, please visit: https://www.mondee.com.

Forward-Looking Statements:

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements can be identified by words such as: “believe,” “can”, “"may,” “expects,” “intends,” “potential,” “plans,” “will” and similar references to future periods. Examples of forward-looking statements include, among others, statements we make regarding the Company’s future growth, performance, business prospects and opportunities, strategies, expectations, future plans and intentions or other future events are forward looking statements. Such forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements.

Management believes that these forward-looking statements are reasonable as and when made. However, the Company cautions you that these forward-looking statements are subject to risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, the ability to implement business plans and forecasts, the outcome of any legal proceedings that may be instituted against the Company or others and any definitive agreements with respect thereto, the ability of the Company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees, the ability of the Company to maintain compliance with Nasdaq’s listing standards, and other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022 filed with the U.S. Securities and Exchange Commission (the “SEC”) and in the Company’s subsequent filings with the SEC. There may be additional risks that the Company does not presently know of or that the Company currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements.

Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. In light of the significant uncertainties in these forward-looking statements, you should not rely upon forward-looking statements as predictions of future events. Except as required by law, Mondee undertakes no obligation to update publicly any forward-looking statements for any reason.

Media Contacts
Public Relations
pr@mondee.com
Investor Relations
ir@mondee.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/20b5f52c-e88a-4816-a456-6b4ff74c06da

FAQ

Who is Geetika Gupta and what is her role at Mondee?

Geetika Gupta is the Chief People Officer at Mondee, responsible for talent management and organization design.

What is the significance of Gupta's appointment for Mondee?

Gupta's appointment is significant as it brings expertise in talent management and organization design, supporting Mondee's growth and success.

How can Gupta's appointment impact Mondee's growth?

Gupta's expertise in talent management and organization design can positively impact Mondee's growth by attracting and developing top talent.

What are Gupta's areas of expertise?

Gupta's areas of expertise include talent management, leadership development, and organization design.