Mondee Welcomes Former Apple Counsel Meredith Waters as General Counsel

Rhea-AI Summary

Mondee Holdings Inc. (Nasdaq: MOND) has appointed Meredith Waters as its first General Counsel, based in Austin, Texas. Ms. Waters brings over 15 years of experience in corporate law, previously serving as Senior Legal Counsel at Apple. Her role will encompass overseeing all legal matters at Mondee. The company, established in 2011, operates a technology-driven travel marketplace with a significant global presence, processing over 50 million searches daily. Mondee is positioned to enhance its legal and compliance operations under Ms. Waters' guidance, aiming to navigate the travel industry’s complexities while expanding its reach. Mondee went public on July 19, 2022.

Positive

• Appointment of Meredith Waters as General Counsel strengthens legal oversight.
• Ms. Waters' extensive experience (over 15 years) in corporate law is expected to add value.
• Mondee's technology-driven platform processes 50 million searches daily, indicating strong operational capacity.

Negative

• None.

AUSTIN, Texas, April 25, 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 Meredith Waters as its first General Counsel (“GC”), based in the company's Austin, Texas headquarters.

In her new role, Ms. Waters will be responsible for all legal matters at Mondee and will oversee the legal department. With over 15 years of experience in corporate law, Ms. Waters is well-versed in handling complex legal issues for large multinational companies. Prior to joining Mondee, Ms. Waters served as Senior Legal Counsel at Apple Inc., where she gained extensive experience in managing legal affairs for a Fortune 500 company. Additionally, she has worked at top-tier law firms, including Kirkland & Ellis LLP.

Ms. Waters holds a Juris Doctor from The University of Chicago Law School and a Bachelor of Arts from Southern Methodist University. Her strong academic background and extensive professional experience make her a valuable addition to the Mondee team. Mondee Chairman, CEO, and Founder Prasad Gundumogula expressed his excitement for Ms. Waters’ arrival, saying, "We are thrilled to have Ms. Waters join Mondee as our first General Counsel. Her experience and knowledge will be invaluable in helping us navigate the complex legal landscape of the travel industry and supporting our continued growth." With Ms. Waters on board, Mondee is poised to strengthen its legal and compliance functions and better serve its customers in the ever-evolving travel industry.

"As Mondee’s general counsel, I look forward to working alongside Prasad and the rest of the team to continue building on Mondee's success and expanding our reach in the rapidly evolving travel industry. With Mondee's strong global content hub and technology-driven marketplace, I am excited to help guide Mondee's legal and business operations to ensure that we stay at the forefront of this rapidly evolving market,” said Ms. Waters.

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/742a1ab4-c38f-4749-ba0f-a599dca8152a 

FAQ

Who is the new General Counsel of Mondee?

Meredith Waters has been appointed as the new General Counsel of Mondee.

What is Mondee's stock symbol?

Mondee is traded on Nasdaq under the ticker symbol MOND.

What is Mondee's business model?

Mondee operates a technology-driven travel marketplace, processing millions of searches daily.

When did Mondee go public?

Mondee became publicly traded on July 19, 2022.