Despegar.com Appoints Chief Financial Officer
03 August 2023 - 10:49PM
Business Wire
Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the
“Company”), Latin America’s leading online travel company, today
announced that Mr. Amit Singh has been appointed Chief Financial
Officer (CFO), effective August 21, 2023. Mr. Singh brings
significant financial and capital market experience to Despegar and
will be responsible for overseeing Despegar’s Finance, Accounting,
Tax and Treasury operations and Investor Relations. He will report
to Damián Scokin, Chief Executive Officer (CEO).
Mr. Singh comes to Despegar with over 15 years of finance
experience, including most recently as the CFO of Nasdaq-listed
AgileThought, a global provider of digital transformation services
and custom software development. Previously, Mr. Singh was Head of
Finance, U.S. & Global Head of Investor Relations at
NYSE-listed Globant S.A., a leading global technology service
provider. Additionally, Mr. Singh has held several roles at leading
investment banks, mainly covering technology companies as an equity
research analyst.
Mr. Singh holds a Master of Business Administration from the
Kellogg School of Management at Northwestern University and a
Master of Science in aerospace engineering from the University of
Maryland. He also completed an executive education program for
chief financial officers at Harvard Business School.
Damián Scokin, CEO, commented:
“I’m pleased to welcome Amit to Despegar’s executive team.
Amit’s extensive background in corporate finance and capital
markets will play a pivotal role as we continue to target and seize
growth opportunities across our markets. We are confident that his
vast experience will be valuable in advancing our strategic plan to
drive earnings power and further consolidate our leadership
position in Latin America. Amit’s skillset as well as his
well-established track record of helping to deliver strong
financial performance make him a key addition to our team. I would
also like to thank Maria Bettina Zubin for her substantial
contributions as interim CFO.”
Amit Singh, incoming Chief Financial Officer, added:
“I’m thrilled to be joining Despegar at this exciting time and
look forward to working with the team to solidify the Company’s
leading position in the region’s travel market. Despegar has built
an incredible brand and has achieved remarkable growth. I share
Damian and the rest of the team’s enthusiasm about the numerous
opportunities ahead, and I’m excited to help lead the next phase of
this incredible journey.”
About Despegar.com
Despegar is the leading online travel company in Latin America.
For over two decades, it has revolutionized the tourism industry in
the region through technology. With its continuous commitment to
the development of the sector, Despegar today is comprised of a
consolidated group that includes Best Day, Viajes Falabella,
ViajaNet, Stays and Koin, and has become one of the largest travel
companies in Latin America which offers tailor-made experiences to
more than 29 million customers.
Despegar operates in 20 countries in the region, accompanying
Latin Americans from the moment they dream of traveling until they
share their memories. With the objective of improving people’s
lives and transforming the customer experience, Despegar has
developed alternative payment and financing methods, democratizing
the access to consumption and bringing Latin Americans closer to
their next travel experiences. Despegar’s common shares are traded
on the New York Stock Exchange (NYSE: DESP). For more information,
please visit www.despegar.com.
Forward-Looking Statements
This press release includes forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. We base these forward-looking statements on our current
beliefs, expectations and projections about future events and
trends affecting our business and our market. Many important
factors could cause our actual results to differ substantially from
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effects of future regulation and the effects of competition.
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version on businesswire.com: https://www.businesswire.com/news/home/20230803706169/en/
Investor Relations Despegar.com, Corp. Luca Pfeifer, (+57) 315
382 4802 investorelations@despegar.com
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