On June 10, 2017, the Board of Directors of Park Hotels & Resorts Inc., upon the recommendation of the Board's Nominating and Corporate Governance Committee, appointed Geoffrey Garrett and Xianyi Mu as members of the Board, each to serve until the Company's 2017 annual meeting of stockholders and until his successor is duly elected and qualified. Garrett currently serves as dean of the Wharton School of Business (Wharton) at the University of Pennsylvania. Prior to his appointment as dean of Wharton in 2014. Mu has served as the Chief Investment Officer of HNA Holding Group Co. Ltd. since December 2016 and served as its Financial Director from March 2016 until December 2016.