RLH Corporation Announces Resignation of Michael Vernon from Board of Directors
Mr. Wolfe continued, "RLH seeks to use its board for governance as well as a strategic asset. The board’s membership and composition has evolved with the company’s transformation adding expertise in travel and leisure, technology and finance. The board believes it has benefitted from its efforts to increase diversity. As we look ahead, the Company will endeavor to align the Board with its strategy focusing on franchise development, technology, including SAAS and artificial intelligence, and other expertise."
The Nominating and Corporate Governance Committee is responsible for recommending qualified board candidates. The Committee is working toward adding a new member in the near term to replace Mr. Vernon.
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Source: RLHC (Red Lion Hotels Corporation