Industry Update
Appointment 4 May 2020

Troy Alstead

Appointed Independent Member of the Board
At OYO Hotels & Homes in Gurgaon , India

Troy Alstead

OYO Hotels & Homes today announced the appointment of Troy Alstead as an independent member of the company's board of directors. He will join the board that has Industry experts like Gerardo Issac (Gerry) Lopez, Operating Partner at SoftBank Vision Fund, Betsy Atkins, CEO & Founder of Baja Corporation, Munish Varma, SoftBank Investment Advisers, Bejul Somaia, Managing Director, Lightspeed Venture Partners and Mohit Bhatnagar, Managing Director, Sequoia Capital and Aditya Ghosh making it a powerful, diverse, and truly global combination.

As an independent member of the Board, Troy will play a supervisory role and provide guidance to the Founder and the management on key business decisions. His depth of experience in operations, financial management, business resilience planning and growth cycle management will strengthen the company's ability to deliver on sustainable growth, operational and service excellence, and help us continue building a strong culture of corporate governance.

Troy Alstead
Troy's experience from ground-up in building the solid foundations of Starbucks Corporation through 24 years of dedicated service to the company, having most recently served as Chief Operating Officer, (responsible for leading the global operations of the business and its family of brands around the world), is a treasure-trove of knowledge and business resilience. Troy Alstead is founder, president, and CEO of Ocean5, the unique new place for playing, meeting, and dining, and Table 47, the new farm-to-table, fresh from the scratch restaurant, both located in Gig Harbor, Washington. His ability to determine what the new-age customer needs and curate a product that successfully helps satisfy the said need, at scale will be valuable as OYO goes about its journey of helping people live the good life. He is also on the Board of Topgolf Group Ltd, Harley-Davidson Inc, and Levi Strauss & Co.

OYO Hotels & Homes

Launched in 2013, OYO is India’s largest hospitality company. Its network currently spans over 230 Indian cities including all major metros, regional commercial hubs, leisure destinations, and key pilgrimage towns.
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Recent Appointments at OYO Hotels & Homes

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14 October 2020 — Guruprasad 'Guru' Sankarnarayanan will take the position of chief operating officer for South East Asia and the Middle East. As COO, Sankarnarayanan will lead all central business, including revenue, channels, supply, transformation, operations and strategic partnerships.
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Pratyush Kumar - Regional Head for Strategy & Communications for Japan SEA and Middle East

14 October 2020 — Pratyush Kumar will be regional head for strategy & communications for Japan SEA and Middle East. He joins the Softbank-backed group to roll out plans to manage the COVID-19 crisis and ensure profitability.
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Kasra Moshkani - Head of Business

10 September 2020 — OYO Hotels, one of the world's leading hotel chains, today announced that Kasra Moshkani has been named as its head of business in the United States. Moshkani, who has overseen OYO's Eastern US business as Region Head since October 2019, will lead the US business, with support from Abhinav Sinha, who will focus more on his role as Global COO of OYO Hotels & Homes.
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