– USA, CA – Sonder Holdings Inc. (NASDAQ: SOND), a leading next-generation hospitality company today announced the appointment of Sanjay Banker to its Board of Directors, effective January 1, 2023, as a Senior Advisor.
“We’re delighted to welcome Sanjay to the Board of Directors. He’s been a strong leader and we look forward to working with him as a member of our Board as we execute our plan. Sanjay’s deep experience, capabilities and considerable knowledge of our strategy and operations will make him a great asset to the Board,” said Francis Davidson, Co-Founder and CEO and Board Chair.
Sanjay Banker is currently the President and CFO of the Company. As a Senior Advisor, Sanjay Banker will advise Management on the company’s strategic direction and progress on its Cash Flow Positive Plan.
About Sanjay Banker
In his time as President and CFO at Sonder, Banker led the company through multiple funding rounds, raising over $800 million of capital. He provided critical leadership during the coronavirus pandemic, helping stabilize the business while skillfully navigating the worst downturn in the history of the hospitality industry. Additionally, he led a successful public listing earlier this year and established the foundations to operate as a public company.
“It’s been an immense privilege to serve as President and CFO over the last four years. I have deep confidence in Sonder and I look forward to continuing to work with Management to execute the company’s strategic plan as a member of the Board of Directors,” said Sanjay Banker.
About Sonder Holdings Inc.
Sonder is revolutionizing hospitality through innovative, tech-enabled service and inspiring, thoughtfully designed accommodations combined into one seamless experience. Launched in 2014 and headquartered in San Francisco, Sonder provides a variety of accommodation options — from spacious rooms to fully-equipped suites and apartments — found 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.
For more information: https://www.sonder.com/
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