Wyndham Worldwide Corporation (NYSE:WYN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Biographical information regarding each of the foregoing directors can be found in the section entitled “Management” in the information statement filed as Exhibit99.1 to Amendment No.1 to Wyndham Hotels& Resorts’ Registration Statement on Form10 filed with the SEC on April19, 2018.
Each non-employee director of the board of directors of Wyndham Hotels& Resorts will receive compensation to the non-employee director compensation program of the board of directors of Wyndham Hotels& Resorts which is expected to be consistent with Wyndham Worldwide Corporation’s current non-employee director compensation program as disclosed in the section entitled “Executive and Director Compensation” in the information statement filed as Exhibit99.1 to Amendment No.1 to Wyndham Hotels& Resorts’ Registration Statement on Form10 filed with the SEC on April19, 2018. None of the foregoing directors has any interest in any transaction reportable under Regulation S-K Item 404(a), except as previously reported for Mr.Holmes, and there is no arrangement or understanding with any person to which these directors were selected to serve as members of the board of directors of Wyndham Hotels& Resorts.
(1) By the date required by the transition provisions of the rulesof the New York Stock Exchange, all members of the audit committee will comply with applicable independence and other requirements.