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Sonder Holdings president and CFO Sanjay Banker will step down from these positions and be a part of the short-term lodging supplier’s board of administrators, efficient Jan. 1, 2023, the corporate introduced Monday.
Banker will change into a senior advisor to the corporate for a one-year interval, in response to Sonder. He “will advise administration on the corporate’s strategic path and progress on its Money Movement Optimistic Plan,” the corporate stated in an announcement, referring to the restructuring plan and development strategy supposed to extend its money circulate it introduced in June.
Sonder has launched a proper search course of to search out Banker’s substitute, in response to the corporate.
Sonder earlier this 12 months went public through a merger with a particular function acquisition firm.
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