Lee Curtis has transitioned from CEO to board director with Reside, a provider of flexible and extended-stay housing solutions, and will be succeeded by Gavin Morgan. Morgan, a veteran executive with over 30 years of global experience in real estate and investment management, was most recently a managing director at Westbridge Capital, which acquired Reside in 2017, He will assume the role effective immediately and will focus on expanding Reside's footprint. enhancing client experiences, and further strengthening its position in the corporate housing industry.
"We are incredibly grateful for Lee's contributions to Reside. His leadership has been instrumental in shaping the company's success and reputation," said Mike Meekins, CEO and president of Westbridge, in a statement. "As we look to the future, we are excited to welcome Gavin Morgan as Reside's new CEO. His global perspective and strategic acumen align perfectly with our vision, and we are confident in his ability to propel the company forward, notably with Reside's recent alliance with Wyndham Hotels."
In October, Reside and Wyndham Hotels agreed to a 10-year development relationship, focusing on expanding residence-style hotels to 50 markets in the U.S.
"I am honored to join Reside at such an exciting time," said Morgan. The company has an exceptional team and a strong foundation, and I look forward to building upon Curtis's legacy of excellence while exploring new opportunities for growth and innovation."
As part of this transition, Curtis will continue to contribute to the company as a Board Director at Reside. In addition, he will take on the role of Entrepreneur in Residence at WestBridge Capital, Reside's parent group, where he will provide strategic insights and guidance across the firm's investment portfolio, with a particular focus on the hospitality sector.