Leadership Shift at Reside: Welcoming New CEO Gavin Morgan
Leadership Shift at Reside: Welcoming New CEO Gavin Morgan
Reside, a leader in flexible and extended-stay housing solutions, has announced a significant leadership change as Lee Curtis shifts from CEO to Board Director. This transition marks a pivotal moment in the company's journey, promising fresh perspectives and continued commitment to excellence.
Lee Curtis Stepping Down as CEO
Reside expresses profound gratitude to Curtis for his vision, dedication, and outstanding leadership during his tenure. His innovative approach has set a benchmark within the corporate housing industry, navigating complex challenges, fostering remarkable growth, and spearheading initiatives that have redefined extended-stay travel.
Under his guidance, Reside has transformed into a trusted name for corporate clients and individual travelers alike. Curtis’s legacy is one of commitment and excellence, continuously pushing the company to deliver best-in-class service.
Continuing Contributions as Board Director
While stepping into a Board Director role, Curtis will also take on the position of Entrepreneur in Residence at WestBridge Capital, Reside's parent company. His expertise will help guide strategic decisions across the firm’s investment portfolio, specifically in hospitality.
Introducing Gavin Morgan as New CEO
Succeeding Curtis is Gavin Morgan, a highly experienced executive with over three decades in real estate and investment management. Morgan, currently a Managing Director at WestBridge Capital, has extensive global experience, having worked in cities like New York, London, and Hong Kong, which adds invaluable insight into his new role.
His prior management roles, including his latest position as Managing Director and COO at JLL's Hong Kong and China operations, equipped him with robust leadership skills and an understanding of driving growth in competitive markets.
Vision for the Future
In welcoming Gavin Morgan, Mike Meekins, CEO and President of WestBridge, stated, "We are incredibly grateful for Lee's contributions to Reside. His leadership has been instrumental in shaping the company's success and reputation. Gavin’s global perspective aligns perfectly with our vision for the future, and we are excited about the progress Reside will make under his leadership."
Strategic Alliances for Growth
Notably, Reside recently formed a 10-year development relationship with Wyndham Hotels. This partnership aims to launch residence-style hotels across 50 major markets in the U.S., enhancing both brands' offerings to their clientele.
With this new alliance, Morgan will lead efforts to expand Reside's footprint and enhance the customer experience significantly, ensuring the brand remains a leading choice in the corporate housing sector.
Commitment to Excellence
In Morgan's own words, "I am honored to join Reside at such an exciting time. The company's strong foundation and exceptional team present numerous opportunities for growth and innovation. I am eager to build on Lee's legacy and explore new avenues for success."
Reside is determined to maintain its high standards for accommodations and tailor its offerings to meet the diverse needs of travelers globally. This leadership transition is not just a change at the helm; it represents a continued commitment to excellence and service in the corporate housing space.
About Reside
Reside is a major provider of flexible and extended-stay housing solutions. The company delivers quality accommodations specifically tailored for business travelers, relocating professionals, and those seeking comfortable stays. Operating in over 200 cities domestically and 130 cities internationally, Reside stands out for its extensive inventory of vetted accommodations, forming strategic partnerships with over 200 corporations and relocation firms to offer innovative housing solutions.
Frequently Asked Questions
What is the recent leadership change at Reside?
Lee Curtis has transitioned from CEO to Board Director, while Gavin Morgan has been appointed as the new CEO.
What will Lee Curtis do after stepping down?
Lee Curtis will serve as a Board Director for Reside and take on the role of Entrepreneur in Residence at WestBridge Capital.
Who is Gavin Morgan?
Gavin Morgan is a seasoned executive with 30 years of experience in real estate and investment management, previously serving as Managing Director at WestBridge Capital.
How will the new CEO impact Reside?
Gavin Morgan aims to expand Reside's market presence, enhance client experiences, and continue delivering exceptional service in the corporate housing sector.
What is the significance of the alliance with Wyndham Hotels?
The partnership will help Reside grow its offerings and establish residence-style hotels in 50 major U.S. markets over the next decade.
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