Despegar.com, Corp. announced that Mr. Jason Lenga tendered his resignation as Board Chairman to the company’s Board Directors effective March 6, 2019. Mr. Lenga’s resignation, a Tiger Global appointee, is reflective of the fund’s significant reduction in its holdings of Despegar. Simultaneously, Mr. Nilesh Lakhani, a current Director and Member of the Audit Committee has been appointed Board Chairman of the company. With Mr. Lenga’s resignation, the Board is now comprised of 6 members. Mr. Lakhani has served as an independent director of Despegar since 2012. He has over 25 years of executive leadership experience with growth companies in the US and emerging markets. He was an Operating Partner at Lumia Capital LLC. He previously held key management positions with companies in the technology, media and financial services industries, including CFO roles at oDesk Corporation, Yandex and CTC Media. Prior to that, Mr. Lakhani was Vice President of Global Operations at Electronic Arts. He also served as Senior Vice President with Transamerica Corporation from 1991 to 1997 and worked with GE Capital from 1984 to 1991.