THE WOODLANDS, Texas,
June 20, 2023 /PRNewswire/
-- Target Hospitality Corp. ("Target Hospitality," "Target" or
the "Company") (Nasdaq: TH), one of North
America's largest providers of vertically integrated modular
accommodations and value-added hospitality services, advances its
strategic diversification focus, with the appointment of Mr.
Alejandro ("Alex") Hernandez to its board of directors, effective
June 19, 2023. Mr. Hernandez
will serve as an independent director as well as a member of the
Audit and Compensation Committees.
Mr. Hernandez's experience serving in executive leadership roles
across a variety of end markets, including energy transition,
renewables, nuclear services, and data center infrastructure will
provide a valuable resource and strengthen Target's capabilities as
the Company continues to pursue an expanding pipeline of strategic
growth opportunities.
"We are pleased to welcome Alex as a new independent director to
the Target Hospitality board. His extensive knowledge and
broad-reaching experiences will provide an important perspective as
we continue to evaluate a range of strategic growth
opportunities. His appointment will enhance our current board
of directors' capabilities and experiences, as we continue pursuing
our growth strategy focused on diversifying the customers and end
markets we serve," stated Brad
Archer, President and Chief Executive Officer.
Mr. Hernandez is an accomplished leader with over 20 years of
experience in the power, utilities, renewables, nuclear,
industrials and data center infrastructure sectors. From
November 2021 through May 2023, he served as President, Chief Executive
Officer and director of Talen Energy Corporation, one of the
largest competitive power companies in North America, as well as Chief Executive
Officer of Cumulus Data, Inc., Talen Energy Corporation's data
center business which he founded. Previously Mr. Hernandez served
in various roles, including Chief Financial Officer of Talen Energy
Corporation. From 2014 until 2015, Mr. Hernandez served as Chief
Financial Officer of TerraForm Power Inc., which was sold to
Brookfield. Earlier in his career, Mr. Hernandez worked for
approximately 10 years, including as a managing director, at
Goldman Sachs & Co., having joined the firm in 2005. Mr.
Hernandez earned a Bachelor of Arts degree from Rice
University, Bachelor of Science degree from the London School of Economics (general course), and a
Master of Business Administration degree from Columbia University.
About Target Hospitality
Target Hospitality is one of North
America's largest providers of vertically integrated modular
accommodations and value-added hospitality services in the United States. Target builds, owns and
operates a customized and growing network of communities for a
range of end users through a full suite of value-added solutions
including premium food service management, concierge, laundry,
logistics, security and recreational facilities services.
Investor Contact
Mark Schuck
(832) 702 – 8009
ir@targethospitality.com
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SOURCE Target Hospitality