Alberto López Gaffney

Despegar.com, Corp. (NYSE: DESP), ("Despegar" or the "Company"), the leading online travel company in Latin America, today announced that Mr. Alberto López Gaffney has been appointed Chief Financial Officer (CFO) effective October 29, 2018. Mr. López Gaffney brings extensive financial, operational, and strategic experience to Despegar and succeeds Mike Doyle who became a member of the Board on August 31, 2018. As CFO, Mr. López Gaffney will be responsible for overseeing all of Despegar's Finance, Accounting, Tax and Treasury operations, ensuring that the finance organization enables the Company to continue expanding, capitalizing on the growing demand for online travel. He will report to Damián Scokin, Chief Executive Officer (CEO).

Mr. López Gaffney comes to Despegar with over two decades of experience in finance and operations. Prior to joining Despegar, he was Chief Financial Officer of TGLT, a leading real estate company in Argentina. From 2012 through 2017, he was employed at Itaú BBA as Managing Director & Head of Investment Banking for LatAm ex-Brazil. Prior to that, Mr. López Gaffney worked between 1999 and 2012 with Morgan Stanley, in the Mergers & Acquisitions Group and later as Managing Director & Head of Southern Cone. He began his business career as a Business Analyst at McKinsey in 1996. Mr. López Gaffney has an MBA from Harvard University and a Masters in Science in Industrial Engineering from Universidad Católica Argentina.