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Sonder Holdings Inc. Appoints Erin Wallace to Board of Directors

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Sonder Holdings (NASDAQ: SOND) announced key changes to its Board of Directors effective January 2025. Erin Wallace, with over 30 years of hospitality and operations expertise from The Walt Disney Company, Great Wolf Resorts, and The Learning Care Group, joined the Board on January 1, 2025. The company also appointed Janice Sears as Board Chairperson, transitioning to an independent chair structure to enhance corporate governance.

Nabeel Hyatt, who served on the Board since 2016, stepped down on December 31, 2024. Wallace's appointment comes as Sonder progresses with its Marriott International strategic licensing agreement integration and operational initiatives. Her extensive experience includes overseeing global guest operations at Disney's theme parks and resorts, and leading operations at Great Wolf Resorts and The Learning Care Group.

Sonder Holdings (NASDAQ: SOND) ha annunciato importanti cambiamenti nel suo Consiglio di Amministrazione con effetto a gennaio 2025. Erin Wallace, con oltre 30 anni di esperienza nel settore dell'ospitalità e delle operazioni proveniente dalla The Walt Disney Company, Great Wolf Resorts e The Learning Care Group, si è unita al Consiglio il 1 gennaio 2025. L'azienda ha anche nominato Janice Sears come Presidente del Consiglio, passando a una struttura di presidente indipendente per migliorare la governance aziendale.

Nabeel Hyatt, che ha fatto parte del Consiglio dal 2016, si è dimesso il 31 dicembre 2024. La nomina di Wallace arriva mentre Sonder progredisce con l'integrazione dell'accordo di licenza strategica con Marriott International e le iniziative operative. La sua vasta esperienza include la supervisione delle operazioni globali per gli ospiti nei parchi a tema e nei resort di Disney, oltre alla gestione delle operazioni presso Great Wolf Resorts e The Learning Care Group.

Sonder Holdings (NASDAQ: SOND) anunció cambios clave en su Junta Directiva que entrarán en vigor en enero de 2025. Erin Wallace, con más de 30 años de experiencia en hospitalidad y operaciones en The Walt Disney Company, Great Wolf Resorts y The Learning Care Group, se unió a la Junta el 1 de enero de 2025. La compañía también nombró a Janice Sears como Presidenta de la Junta, pasando a una estructura de presidenta independiente para mejorar la gobernanza corporativa.

Nabeel Hyatt, quien formó parte de la Junta desde 2016, renunció el 31 de diciembre de 2024. La nombramiento de Wallace se produce mientras Sonder avanza en la integración de su acuerdo de licencia estratégica con Marriott International y en las iniciativas operativas. Su extensa experiencia incluye la supervisión de las operaciones globales de huéspedes en los parques temáticos y resorts de Disney, así como liderar operaciones en Great Wolf Resorts y The Learning Care Group.

Sonder Holdings (NASDAQ: SOND)는 2025년 1월부터 발효되는 이사회 주요 변경 사항을 발표했습니다. Erin Wallace는 The Walt Disney Company, Great Wolf Resorts 및 The Learning Care Group에서 30년 이상의 환대 및 운영 전문성을 가진 인물로, 2025년 1월 1일 이사회에 합류했습니다. 회사는 또한 Janice Sears를 이사회 의장으로 임명하며, 기업 거버넌스를 강화하기 위해 독립 의장 구조로 전환합니다.

2016년부터 이사회에서 활동한 Nabeel Hyatt는 2024년 12월 31일 자로 사임했습니다. Wallace의 임명은 Sonder가 Marriott International과의 전략적 라이선스 계약 통합 및 운영 이니셔티브를 진행하는 가운데 이루어졌습니다. 그녀의 광범위한 경험에는 Disney의 테마파크와 리조트에서의 글로벌 고객 운영 감독과 Great Wolf Resorts 및 The Learning Care Group에서의 운영 리드가 포함됩니다.

Sonder Holdings (NASDAQ: SOND) a annoncé des changements clés dans son Conseil d'Administration, prenant effet en janvier 2025. Erin Wallace, avec plus de 30 ans d'expertise en hôtellerie et opérations acquises auprès de The Walt Disney Company, Great Wolf Resorts et The Learning Care Group, a rejoint le Conseil le 1er janvier 2025. L'entreprise a également nommé Janice Sears comme Présidente du Conseil, en transition vers une structure de présidence indépendante pour renforcer la gouvernance d'entreprise.

Nabeel Hyatt, membre du Conseil depuis 2016, a démissionné le 31 décembre 2024. La nomination de Wallace intervient alors que Sonder progresse dans l'intégration de son accord de licence stratégique avec Marriott International et dans ses initiatives opérationnelles. Son expérience étendue inclut la supervision des opérations globales pour les invités dans les parcs à thème et les resorts de Disney, ainsi que la direction des opérations chez Great Wolf Resorts et The Learning Care Group.

Sonder Holdings (NASDAQ: SOND) gab wesentliche Änderungen im Aufsichtsrat bekannt, die ab Januar 2025 in Kraft treten. Erin Wallace, die über 30 Jahre Erfahrung in der Gastgewerbe- und Betriebsführung bei The Walt Disney Company, Great Wolf Resorts und The Learning Care Group verfügt, trat am 1. Januar 2025 dem Aufsichtsrat bei. Das Unternehmen ernannte außerdem Janice Sears zur Vorsitzenden des Aufsichtsrats, um eine unabhängige Vorsitzstruktur einzuführen und die Unternehmensführung zu verbessern.

Nabeel Hyatt, der seit 2016 im Aufsichtsrat tätig war, trat am 31. Dezember 2024 zurück. Wallaces Ernennung erfolgt, während Sonder Fortschritte bei der Integration der strategischen Lizenzvereinbarung mit Marriott International macht und operative Initiativen vorantreibt. Ihre umfassende Erfahrung umfasst die Leitung der globalen Gästebetriebe in Disneys Freizeitparks und Resorts sowie die Leitung der Betriebsabläufe bei Great Wolf Resorts und The Learning Care Group.

Positive
  • Appointment of seasoned hospitality executive Erin Wallace with 30+ years of operations expertise
  • Enhanced corporate governance through transition to independent Board Chair structure
  • Progress in Marriott International strategic licensing agreement integration
Negative
  • Departure of long-standing board member Nabeel Hyatt who served since 2016

Board Appoints Janice Sears as Independent Chair

SAN FRANCISCO, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ: SOND) (“Sonder” or the “Company”) today announced that Erin Wallace was appointed to its Board of Directors (the “Board”) on January 1, 2025. Nabeel Hyatt, who has served on the Sonder Board since 2016, resigned from the Board on December 31, 2024. Additionally, Sonder has transitioned to a structure with an independent director serving as the Board Chairperson, which is consistent with the Board’s focus on enhancing corporate governance. Janice Sears, who previously served as Lead Independent Director of the Board, has been appointed as Chairperson of the Board.

Ms. Wallace brings over three decades of operations expertise across the hospitality, entertainment and resort industries. She spent the majority of her career at The Walt Disney Company (“Disney”), where she held various senior executive roles across its theme parks and resorts business, including overseeing global guest-facing operations for all lines of business. Following her retirement from Disney, Ms. Wallace held subsequent executive roles as Chief Operating Officer of Great Wolf Resorts, Inc., where she led operations for the company’s entire lodge footprint across the U.S. and oversaw new lodge openings with next-generation brand standards and standard operating procedures, and as Chief Operating Officer of The Learning Care Group, Inc., where she led operations of over 900 early childhood education centers across the U.S. Ms. Wallace currently serves on the board of directors of FirstService Corporation and Coast Entertainment Holdings Limited.

Janice Sears, Chairperson of the Sonder Board, said, “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.”

“As we continue to progress with our integration efforts under the strategic licensing agreement with Marriott International and with the continued execution of our operational initiatives across the business, Erin’s expertise will be immediately additive to the transformational efforts underway,” said Francis Davidson, Co-Founder and CEO of Sonder. “Nabeel saw our vision for Sonder from the very beginning and his early investment in our company has been a foundational part of our growth story. I have greatly appreciated his guidance as a Board member over the past decade and Nabeel has helped Sonder achieve numerous milestones.”

About Sonder

Sonder (NASDAQ: SOND) is a leading global brand of premium, design-forward apartments and intimate boutique hotels serving the modern traveler. Launched in 2014, Sonder offers inspiring, thoughtfully designed accommodations and innovative, tech-enabled service combined into one seamless experience. Sonder properties are found in prime locations in over 40 markets, spanning ten countries and three continents. The Sonder app gives guests full control over their stay. Complete with self-service features, simple check-in and 24/7 on-the-ground support, amenities and services at Sonder are just a tap away, making a world of better stays open to all.

To learn more, visit www.sonder.com or follow Sonder on InstagramLinkedIn or X.

Download the Sonder app on Apple or Google Play.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based upon current expectations or beliefs, as well as assumptions about future events. Forward-looking statements include all statements that are not historical facts and can generally be identified by terms such as “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potentially,” or “will” or similar expressions and the negatives of those terms. These statements include, but are not limited to, statements relating to the Company’s governance practices, strategy and operational initiatives, and the experience of Sonder’s Board and leadership team. Actual results could differ materially from those expressed in or implied by the forward-looking statements due to a number of risks and uncertainties, including the risks and uncertainties described in the Company’s SEC reports, and under the heading “Risk Factors” in its most recent annual report on Form 10-K and quarterly reports on Form 10-Q, which are available at www.sec.gov. The forward-looking statements contained herein are only as of the date of this press release. Except as required by law, the Company does not undertake any obligation to update or revise its forward-looking statements to reflect events or circumstances after the date of this press release.

Contacts

Media:
press@sonder.com

Investor:
ir@sonder.com


FAQ

Who is Erin Wallace and when did she join Sonder's (SOND) Board of Directors?

Erin Wallace, a former Disney executive with over 30 years of hospitality experience, joined Sonder's Board of Directors on January 1, 2025. She previously held executive roles at Great Wolf Resorts and The Learning Care Group.

What changes were made to Sonder's (SOND) Board leadership structure in January 2025?

Sonder transitioned to an independent chair structure, with Janice Sears, previously Lead Independent Director, appointed as Board Chairperson to enhance corporate governance.

How does Erin Wallace's appointment align with Sonder's (SOND) current business initiatives?

Wallace's appointment aligns with Sonder's ongoing integration efforts under the Marriott International strategic licensing agreement and the company's operational initiatives, leveraging her extensive hospitality and operations expertise.

Who did Erin Wallace replace on Sonder's (SOND) Board of Directors?

Erin Wallace's appointment followed the resignation of Nabeel Hyatt, who served on Sonder's Board since 2016 and stepped down on December 31, 2024.

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