STOCK TITAN

Wyndham Hotels & Resorts Announces Departure of Chief Administrative Officer and Appointment of New Chief Human Resource Officer

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management
Rhea-AI Summary

Wyndham Hotels & Resorts (NYSE: WH) announced the departure of Chief Administrative Officer Mary R. Falvey, effective March 1, 2021, after a 22-year career with the company. CEO Geoffrey A. Ballotti expressed gratitude for Falvey's contributions, highlighting her role in building the company's culture. The company also named Monica Melancon, formerly its human resource leader for managed hotel operations in North America, as the new Chief Human Resource Officer, effective the same day. Melancon has extensive experience, including a significant role at Target.

Positive
  • Monica Melancon's promotion may bring fresh perspectives and strengthen leadership at WH.
  • Melancon's extensive HR experience and familiarity with Wyndham's operations could enhance company culture.
Negative
  • The departure of Mary R. Falvey may raise concerns about leadership continuity.
  • Potential experience gaps could arise from the transition in key management roles.

PARSIPPANY, N.J., Dec. 15, 2020 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE: WH) today announced that Mary R. Falvey, its Chief Administrative Officer, will leave the Company on March 1, 2021.    

"During her 22 years at Wyndham Worldwide and its predecessor companies, Mary was absolutely instrumental in building the best culture in this industry and helping us transition that culture to Wyndham Hotels & Resorts.  We are tremendously grateful for all that Mary has achieved during her distinguished career at Wyndham along with her leadership in setting up our teams around the world for success in our new company.  I know I speak on behalf of our over 10,000 team members when I say we will miss Mary immensely," said Geoffrey A. Ballotti, Chief Executive Officer.

"I thank my friends and colleagues at Wyndham. It has been an honor and a privilege to work with our team members around the globe and with the best leadership team in the industry," said Ms. Falvey. "I have enjoyed our teamwork and I am proud of what we accomplished together over the past two decades, particularly building a strong values-based culture that embraces our power to make change in the world and celebrates the diversity of our people."

The Company also today announced the promotion of its human resource leader for managed hotel operations in North America, Monica Melancon, to Chief Human Resource Officer, effective March 1.  Ms. Melancon spent 15 years in increasing roles of responsibility at Target, rising from HR executive at the unit level to a senior regional HR executive overseeing a region with $3 billion of annual sales and over 15,000 team members.  In 2015, she joined La Quinta Management LLC and has been consistently promoted since Wyndham's acquisition of La Quinta to lead human resources operations for all Wyndham managed hotels in North America and over 8,000 Wyndham team members.  Ms. Melancon holds a Bachelor of Business Administration, Management & Marketing degree from East Texas Baptist University in Marshall, Texas. She is currently based in Wyndham's Irving, Texas office and will be relocating to Wyndham Hotels & Resorts' world headquarters in Parsippany, N.J. 

Mr. Ballotti commented, "Monica is an exceptional leader whom I've had the pleasure to work with since our acquisition of La Quinta more than two years ago.  She personally knows our ownership groups and leadership teams on the ground who deliver our Count on Me service daily.  She understands our business, our company and our people, and I'm confident she is the right leader to drive our culture and business forward."

About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world's largest hotel franchising company by the number of properties, with approximately 9,000 hotels across approximately 90 countries on six continents. Through its network of 804,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry.  The Company operates a portfolio of 20 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn Suites®, Trademark Collection® and Wyndham®. Wyndham Hotels & Resorts is also a leading provider of hotel management services. The Company's award-winning Wyndham Rewards loyalty program offers 85 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit www.wyndhamhotels.com. 

Contacts

Investors:
Matt Capuzzi
Senior Vice President, Investor Relations
973 753-6453
ir@wyndham.com

Media:
Dave DeCecco
Group Vice President, Global Communications
973 753-7474
WyndhamHotelsNews@wyndham.com

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/wyndham-hotels--resorts-announces-departure-of-chief-administrative-officer-and-appointment-of-new-chief-human-resource-officer-301193477.html

SOURCE Wyndham Hotels & Resorts

FAQ

What is the reason for Mary R. Falvey's departure from Wyndham Hotels & Resorts?

Mary R. Falvey is leaving her position as Chief Administrative Officer effective March 1, 2021, after 22 years with the company.

Who is the new Chief Human Resource Officer of Wyndham Hotels & Resorts?

Monica Melancon has been promoted to Chief Human Resource Officer, effective March 1, 2021.

What experience does Monica Melancon bring to her new role at WH?

Monica Melancon has 15 years of HR experience at Target before joining Wyndham, where she led human resources for managed hotels in North America.

How might the management changes at Wyndham Hotels & Resorts affect the company's performance?

The internal promotion of Monica Melancon may positively influence company culture and operations, but the departure of a long-standing leader like Falvey could pose risks to leadership stability.

Wyndham Hotels & Resorts, Inc.

NYSE:WH

WH Rankings

WH Latest News

WH Stock Data

7.51B
77.79M
2.14%
99.5%
4.82%
Lodging
Hotels & Motels
Link
United States of America
PARSIPPANY