OneSpaWorld Holdings Limited Announces Board and Committee Changes
June 15, 2020 at 06:02 am EDT
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OneSpaWorld Holdings Limited announced that On June 12, 2020, immediately prior to closing of the Private Placement and pursuant to the Investment Agreement, Michael J. Dolan, a member of the Company's Board of Directors, resigned from his position as (i) a director of the Company, (ii) as a member of the Board's Audit Committee, and (iii) as the chair of the Board's Nominating and Governance Committee (the Nominating Committee). On June 12, 2020, concurrently with closing of the Private Placement, Adam Hasiba, age 36, was appointed to the Board to fill the vacancy left by Mr. Dolan's resignation. Mr. Hasiba was appointed to the Board by Steiner pursuant to the Investment Agreement. In addition to his service as a Board member, Mr. Hasiba will also serve as a member of the Nominating Committee.
OneSpaWorld Holdings Limited is a health and wellness services company. The Company provides health, fitness, beauty and wellness services and sells related products, and operates on approximately 195 cruise ships and at 50 destination resorts around the world. Its services include traditional body, salon, and skin care services and products; self-service fitness facilities, specialized fitness classes and personal fitness training; pain management, detoxifying programs and comprehensive body composition analyses; weight management programs and products, and advanced medi-spa services, among others. The Company offers its guests access to beauty and wellness brands including ELEMIS, Kerastase, BOTOX Cosmetic, Dysport, Restylane, Perlane, Thermage, CoolSculpting, truSculpt 3D and truSculpt iD, among others. It operates spas, salons and fitness centers on various cruise lines, such as Costa Cruises, Norwegian Cruise Line, Regent Seven Seas Cruises and Seabourn Cruise Line, among others.
ONESPAWORLD HOLDINGS LIMITED 
