Despegar.com Appoints Chief Financial Officer

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.”