Despegar.com, Corp. announced the unexpected passing of Mr. Mario Eduardo Vasquez, a member of the Company?s board of directors and chairman of the audit committee. Mr. Vasquez died of apparent natural causes on August 3, 2024.

Mr. Vázquez joined Despegar?s board in August 2014. Earlier in his career he was the CEO of Grupo Telefónica in Argentina between June 2003 and November 2006. Mr. Vázquez also spent 33 years at Arthur Andersen, where he had been a partner and general director for Latin American markets, among other roles at this company.

As of the date of this announcement Despegar appointed Nilesh Lakhani, who currently serves as the Chairman of Despegar?s Board of Directors, as an interim member and Michael James Doyle to chair to the Audit Committee. The Company will appoint a new member to the Audit Committee as well as Board of Directors as soon as practicable.