OYO appoints former Starbucks COO, Troy Alstead, as independent member of board

OYO Hotels & Homes on Friday announced the appointment of former Starbucks Corporation COO, Troy Alstead, as an independent member of the board of directors.

An official statement said Alstead would play a supervisory role and provide guidance to the founder and the management, on key business decisions. His experience in operations, financial management, business resilience planning and growth cycle management would strengthen the company’s ability to deliver on sustainable growth, operational and service excellence, and help the company build a strong culture of corporate governance.

Currently Oyo’s board has industry experts including 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.