Dr. W. Steve Albrecht has been appointed Non-Executive Director on the Board at OYO Hotels & Homes, San Francisco
OYO Hotels & Homes today announced the appointment of Dr. W. Steve Albrecht as non-executive director on the company's Board of Directors. He will join the board that has Industry experts like Troy Alstead, former COO Starbucks, 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, former CEO - OYO India & South Asia & Former President, Indigo Airlines, making it a powerful, diverse, and truly global combination.
As a non-executive director of the board, Steve will play a supervisory role and guide the Founder and the Management, on key business decisions. Steve's academic pursuits as a lifelong learner and educator are also a goldmine of insights on the hospitality industry for the company.
Steve's experience in audit and setting high standards of corporate governance as a board member of companies, is highly acclaimed in the corporate governance field. Mr. Albrecht is a former president of the American Accounting Association and the Association of Certified Fraud Examiners. As a professor, Steve taught full-time at the University of Illinois, Stanford and Brigham Young University. He is also a Certified Public Accountant, Certified Internal Auditor, and Certified Fraud Examiner. He has consulted with numerous organizations, including major financial institutions, the United Nations, FBI, and other organizations, and has been an expert witness in over 38 major fraud cases. Steve has served on the board of various public and private companies such as Red Hat, Inc., Cypress SemiConductor, SunPower Corporation, and ICON Health & Fitness. He is also presently on the Boards of SkyWest Airlines, Larry H. Miller Group of Companies, and Deseret Mutual Benefit Association. On these boards Steve has been the named financial expert, has chaired the audit committees, and has often been the lead independent director and Board Chair. Steve is a leadership Fellow of the NACD and was formerly named to its Directorship Top 100 directors. Steve's ability to provide strategic advice and actionable insights to both early-stage, as well as established Fortune 500 corporations, will help OYO trek its planned growth trajectory with greater certainty and accountability.
