Extended-stay hospitality management company Reside co-founder Lee Curtis has stepped down as CEO, the company announced Monday. He has been replaced by Gavin Morgan, managing director of Resident parent company Westbridge Capital, effective immediately.
Curtis, who has served as CEO of Reside since 2017, will remain on the company’s board of directors. He also will serve as Westbridge’s “entrepreneur in residence,” a role in which he will “provide strategic insights and guidance across the firm’s investment portfolio, with a particular focus on the hospitality sector.”
Reside in October announced a 10-year partnership with Wyndham Hotels & Resorts that would allow Wyndham to add its Wyndham Residence brand on some Reside…
