Despegar.com, Corp. (DESP) Misses Q4 EPS by 2c, Revenues Beat

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Despegar.com, Corp. (DESP) Names Nilesh Lakhani as New Board Chairman Following Resignation of Jason Lenga

March 7, 2019 6:08 AM EST

Despegar.com, Corp. (NYSE: DESP) today announced that Mr. Jason Lenga tendered his resignation as Board Chairman to the Companys Board Directors effective March 6, 2019. Mr. Lengas resignation, a Tiger Global appointee, is reflective of the funds significant reduction in its holdings of Despegar. Simultaneously, Mr. Nilesh Lakhani, a current Director and Member of the Audit Committee has been appointed Board Chairman of the Company. With Mr. Lengas resignation, the Board is now comprised of 6 members.

Mr. Lakhani... More