Tech-enabled residential hospitality brand Mint House has named Jonathan Wachter chief revenue officer and chief strategy officer.
In his new role, reporting to the CEO, he is responsible for optimizing all revenue generating activities within Mint House—including pricing, marketing, asset management and growth initiatives. He will also be responsible for directing firm-wide strategy development, resourcing and execution.
“Jonathan is an extremely accomplished executive with an impressive track record at industry greats like JPMorgan, McKinsey and Blackstone,” said Will Lucas, CEO/founder, Mint House. “With a background in applied mathematics from Harvard, he brings deep analytical skills to our team as we continue to develop the best-in-class pricing model and further elevate Mint House’s top line for our building partners during our rapid growth this coming year.”
Wachter has a 20-year track record of driving transformational change in a range of finance, strategy and operations roles. Most recently, he was the COO for post-trade engineering at Citadel, where he oversaw growth and efficiency initiatives leveraging the firm’s finance and operations platforms. Prior to Citadel, Wachter was managing director, head of asset and liability management strategy at JPMorgan Chase, where he held executive positions in treasury strategy, chief investment office strategy and corporate finance analytics. Before joining JPMorgan, he was a consultant in the financial services practice of McKinsey & Company. He began his career as a private equity analyst at The Blackstone Group.
“Mint House is driving transformational change in the hospitality industry by providing guests with a delightful, frictionless experience that is purposefully built on smart spaces, thoughtful design and connected technology,” said Wachter. “Mint House’s accelerating success over the last several years speaks to the extraordinary work of Will and the entire Mint House team who have masterfully harnessed the megatrends that have painfully disrupted so many of their competitors. Mint House’s revenues have quadrupled since 2020 and their customer satisfaction scores are through the roof. I’m thrilled to join this outstanding team as we work together to fundamentally change how the world lives, works and plays away from home, creating exceptional, long-term value for our guests, employees, partners and communities.”
Todd E. Benson, managing partner, Herington LLC and Mint House board member, added, “The fact that Mint House is now able to attract talent such as Jonathan Wachter and recently appointed CFO Samantha Greenberg validates the great business that Will Lucas and team are building even more so than impressive accolades such as their flagship property, Mint House at 70 Pine—New York, being named Best Hotel in the U.S. by TripAdvisor.”