Wyndham Hotels & Resorts Chief Financial Officer Michele Allen will depart the company after nearly six years in the role, according to a Tuesday announcement.
Allen is leaving Wyndham to “pursue a new career opportunity outside of the hotel industry,” Wyndham said in the release. Allen will serve in an advisory role at the hotel company through the end of 2025 to support a smooth transition.
Wyndham said it will search for Allen’s permanent replacement by considering both internal and external candidates. Meanwhile, the company has appointed Kurt Albert, treasurer and head of financial partnerships and planning, as interim CFO, effective immediately.
“Kurt’s appointment as interim CFO underscores the depth and strength of Michele’s team and the caliber of leadership across Wyndham,” Ballotti said. “With more than 15 years as a key member of our finance department, we are confident he is well-equipped to lead our finance organization during this period of transition.”
Allen departs Wyndham after serving in various roles at the company over 25 years. In addition to CFO, she served as head of strategy, per the release, and as global senior vice president of finance at Wyndham Worldwide, according to LinkedIn.
Wyndham CEO Geoff Ballotti said Allen’s “exceptional financial acumen and strategic vision have helped steer Wyndham through many pivotal moments.” Those include recent market turbulence and the company’s failed merger with Choice Hotels International last year.
Wyndham posted its third-quarter 2025 earnings results on Oct. 22, with Allen reporting that the company had downgraded its full-year 2025 global RevRAR outlook to a range of down 3% to down 2%. The company reaffirmed that guidance in the Tuesday release.
