Leadership Change at Reside: Lee Curtis Joins Board While Gavin Morgan Becomes New CEO
Leadership Change at Reside: A New Era Begins
In an important development for the housing industry, Reside, known for its flexible and extended-stay housing solutions, has announced a significant shift in its leadership team. Lee Curtis, who has been a visionary CEO at Reside, is transitioning to a board member position, while Gavin Morgan takes the helm as the new CEO. This change comes as the company focuses on its future growth and strategic direction, especially following its recent partnership with Wyndham Hotels.
A Legacy of Leadership
Lee Curtis has been instrumental in steering Reside through turbulent times with his outstanding leadership and innovative strategies. Under his guidance, the company has redefined the extended-stay market, making it a preferred choice for both enterprise clients and individual travelers. Curtis's contributions have left an indelible mark on the company, laying down a legacy that will continue to inspire Reside's team.
During his time as CEO, Curtis fostered an environment that prioritized excellence, ensuring Reside's services were not only top-notch but also resonated with the evolving needs of modern travelers. His decision to take on the role of Board Director reflects a continued commitment to the company, wherein he will offer strategic insights, particularly as an Entrepreneur in Residence at WestBridge Capital, Reside's parent company.
Introducing the New CEO: Gavin Morgan
Gavin Morgan is stepping into the role of CEO with more than 30 years of global experience in real estate and investment management. A seasoned executive, Morgan previously worked as a Managing Director at Westbridge Capital since its acquisition of Reside in 2017. His vast experiences span across major markets such as New York, London, and Hong Kong, where he has held various executive positions focused on strategy, operations, and investment management.
As the former Managing Director and Chief Operating Officer for JLL's offices in Hong Kong and China, Morgan successfully oversaw a workforce of 900 people, spearheading growth initiatives that significantly boosted the company’s market presence.
“We are incredibly grateful for Lee's contributions to Reside. His leadership has been crucial in shaping the company’s success and reputation,” stated Mike Meekins, CEO and President of Westbridge Capital. “As we look to the future, Gavin’s global perspective and strategic insights align perfectly with our vision. We are excited to have him at the forefront as Reside continues to grow and innovate.”
Future Prospects
Gavin Morgan will immediately assume his responsibilities as CEO and aims to expand Reside's offerings and strengthen the company’s position within the corporate housing sector, particularly through the recent partnership with Wyndham Hotels. This collaboration, established last October, is set to enhance Reside's footprint by developing residence-style hotels across 50 U.S. markets over the next decade.
As Morgan takes on this new role, he expressed his enthusiasm: “I am honored to join Reside at such a pivotal time. The company boasts an exceptional team and a robust foundation. I am excited to build upon Curtis’s legacy while exploring new opportunities for growth and innovation.”
Commitment to Excellence
With this leadership transition, Reside reaffirms its commitment to providing best-in-class accommodations that cater to the unique needs of business travelers, relocating professionals, and anyone seeking a comfortable, home-like stay.
Operating in over 200 domestic cities and 130 international locations, Reside stands out as a leading provider of flexible housing solutions. Through partnerships with over 200 corporate and relocation firms, it continues to deliver tailored solutions that successfully bridge the gap between housing and hospitality.
In conclusion, this change in leadership marks a new chapter for Reside, as the company prepares to advance its services and enhance customer experiences in the dynamic corporate housing market.