Selina Hospitality welcomes Alan Bowers to its Board as Independent Director

– UK, London –  Selina Hospitality PLC (NASDAQ: SLNA), the lifestyle and experiential hospitality company targeting millennial and Gen Z travelers, today announced the appointment of Alan Bowers to its Board as a new independent director, effective as of March 17, 2023, bringing to the Board 8 members, of whom six are independent.

“We welcome Alan to the Board. His extensive hospitality and public company board experience, combined with the establishment of the Finance and Capital Allocation Committee, will help to further strengthen an already strong Board and the governance framework of the company. We look forward to Alan’s contributions as the Board and management continue to focus on the company’s three strategic initiatives, achieving positive cashflow, executing on their path to profitability, and continuing to build the Selina brand.” said Board Chair, Eric Foss.

Mr. Bowers has also joined the Audit Committee as Chair and the new Finance and Capital Allocation Committee as a member.

About Alan Bowers

Alan Bowers brings to Selina an extensive background in hospitality, audit, accounting, and financial reporting. He currently serves as a non-executive director and chair of the Audit Committees of Ocwen Financial Corporation (NYSE: OCN) and CWT Travel Holdings, Inc., a private travel management platform business. He formerly served as a non-executive director and chaired the audit committees of Walker & Dunlop, Inc. (NYSE: WD), from 2010 until 2022, CorePoint Lodging, Inc. (NYSE: CPLG), from 2018 until 2022, and La Quinta Holdings (NYSE: LQ), from 2013 until 2018.

Mr. Bowers has been a certified public accountant since 1978 and served as a staff auditor, audit partner, and managing partner at Coopers & Lybrand, L.L.P. during a 17-year tenure there.

About Selina Hospitality PLC

Selina is one of the world’s fast-growing hospitality companies built to address the needs of millennial and Gen Z travelers, blending beautifully designed accommodation with coworking, recreation, wellness, and local experiences. Founded in 2014 and custom-built for today’s nomadic traveler, Selina provides guests with a global infrastructure to seamlessly travel and work abroad. Each Selina property is designed in partnership with local artists, creators, and tastemakers, breathing new life into existing buildings in 24 countries and six continents – from urban cities to remote beaches and jungles.

Source: https://www.selina.com/

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