Summary
Booking Holdings Inc. (then The Priceline Group Inc.) announced the appointment of Robert J. Mylod, Jr. to its Board of Directors, effective May 15, 2017. This appointment is significant as Mr. Mylod has extensive prior experience with the company, having held key leadership roles including Vice Chairman, Head of Worldwide Strategy and Planning, and Chief Financial Officer from 1999 to 2011. His return to the board, bringing his experience from Annox Capital Management and other directorships, suggests a continued focus on strategic growth and financial oversight for investors. Investors should note Mr. Mylod's deep understanding of Booking Holdings' business, which could translate into valuable strategic contributions. His background as a Managing Partner at a private investment firm and his previous executive roles indicate a strong financial acumen that will be beneficial to the board's decision-making. The company will compensate him according to its standard non-employee director compensation program.
Key Highlights
- 1Robert J. Mylod, Jr. appointed to the Board of Directors, effective May 15, 2017.
- 2Mr. Mylod previously served in key executive roles at the company, including Vice Chairman, Head of Worldwide Strategy and Planning, and Chief Financial Officer (1999-2011).
- 3Mr. Mylod founded and serves as Managing Partner of Annox Capital Management, a private investment firm.
- 4He also holds directorships at EverBank and Novocure.
- 5Compensation for Mr. Mylod's board service will align with the company's existing non-employee director compensation program.
- 6The appointment was announced via a press release filed as an exhibit to the 8-K.