LuxUrban Hotels Inc. announced the appointment of Patrick McNamee as an independent member of the Company?s Board of Directors (?Board?), effective June 27, 2024. The Company also announced that Brian Ferdinand has resigned from the Board. Mr. McNamee is a seasoned and accomplished business leader who brings more than 30 years of experience as a public company executive, investor, and board member.

He will serve as Chair of LuxUrban?s Compensation Committee and as a member of the Nominating and Corporate Governance Committee. Mr. McNamee is currently an Operating Partner at BPOC, a private equity firm. Prior to joining BPOC, he served as CEO of Health Insurance Innovations (2015-2017), a leading provider of affordable health plans, and Executive Vice President and Chief Operating Officer of Express Scripts Holding Company (2007- 2014), a pharmacy benefit manager.

He has also served in senior leadership roles at Misys Healthcare Systems, various divisions of General Electric Corporation, and NBC. Previously he served as a director, in chairman and committee chairman roles, for HD Supply Holdings, Valitas Holdings, Maxor Pharmacy Services, Skylight Health and, Health E-Commerce Inc. Mr. McNamee holds a bachelor?s degree in biomedical engineering and a master?s degree in electrical engineering from Marquette University.