Vacasa has appointed a former executive of a corporate travel company as its new chief executive officer, it was announced Wednesday.
Rob Greyber, who served as president of the Expedia-owned Egencia from 2009 to 2020, will lead the company as it seeks to gain market share as a short-term rental platform. The appointment is effective Sept. 6.
“Having spent my career building companies that employ technology to create durable, compounding competitive advantages, it is clear to me that Vacasa is incredibly well positioned,” Greyber said in a statement. “As an innovative leader in a fast-growing category with real momentum and scale, and the technology to back it up, Vacasa is in an enviable position to drive profitable growth by delivering best-in-class products and services to homeowners and guests alike.”
Rob Greyber | Vacasa CEO
Vacasa is a quickly growing company that focuses on adding technology to vacation rentals that helps hosts and their guests.
Greyber will replace Matthew Roberts, who led the start-up through the uncertainty of the pandemic as its CEO beginning in February 2020. Roberts also oversaw the company’s successful push to become a public company in December 2021.
Greyber will assume the CEO’s seat on the company’s board of directors and Roberts will return to retirement, the company said.
In the second quarter of its status as a publicly traded company, Vacasa reported it grew revenue by 31 percent compared to the year before. The company now says it’s possible to break even by the end of this year.
Vacasa now boasts more than 35,000 homes across more than 400 destinations across the hemisphere.
The company said the change was part of a succession planning process that started earlier this year.
“I’m proud of what we’ve accomplished to date as I pass the reins to Rob as the company’s next CEO,” Roberts said in a statement. “Based on the strength of the business, our leadership team and our positive momentum, this is the right time to make this transition.”
