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US: Casago founder and chief executive Steve Schwab is set to step into a chairman of the board role later this year, with company president Joe Riley appointed as his successor.
Schwab will remain CEO of Casago and Vacasa through October, before transitioning to founder and chairman of the board. In his new position, Schwab said he will focus on long-term strategy, industry advocacy and closer engagement with Casago’s franchise community.
Riley will formally assume the CEO role in October, following a transition period during which he will take responsibility for day-to-day operations.
Casago said the leadership change is designed to support the company’s next phase of growth while allowing Schwab to concentrate on strategic priorities.
Schwab founded Casago more than 25 years ago and has led the company’s expansion through a franchise-based model in the vacation rental sector.
Riley said he will work closely with Schwab over the coming months to ensure a smooth handover.
Highlights:
- Casago founder Steve Schwab to move into chairman role later this year
- Company president Joe Riley appointed as incoming CEO, effective October
- Schwab will remain CEO of Casago and Vacasa until the transition
- Leadership change aims to support Casago’s next growth phase and strengthen franchise engagement
