DALLAS—G6 Hospitality LLC, the mum or dad firm of Motel 6 and Studio 6 manufacturers in the USA and Canada, introduced that Julie Arrowsmith, president and chief monetary officer of G6, has been appointed president and interim CEO. Rob Palleschi will step down as the corporate’s CEO, efficient January 12, as he transitions to the place of CEO of American Campus Communities.
Arrowsmith has served in numerous management positions throughout the G6 group over her 28-year profession. As president and chief monetary officer, she has been answerable for all finance and revenue-driving efforts, together with the oversight of the income administration, gross sales, and e-commerce departments.
“It has been an incredible honor to be CEO of G6 for the final 5 years,” stated Palleschi. “I wish to categorical my gratitude to our devoted group members, gifted administration group, and valued franchisees throughout the nation for his or her super contributions to G6. With Julie’s vitality, dedication to G6’s values, and almost three a long time as a part of the G6 group, I couldn’t be extra assured within the firm’s subsequent chapter.”
“It’s a privilege to tackle this extra duty as we place G6 for continued progress,” stated Ms. Arrowsmith. “We now have an extremely robust group in place throughout the group, and I look ahead to persevering with our work to assist our franchise companions and ship distinctive worth for our friends.”
Rob Harper, head of actual property asset administration Americas at Blackstone, added, “There isn’t any one which is aware of G6 higher than Julie, and we’re assured the enterprise will see a brand new stage of success below her management. I wish to lengthen my sincerest due to Rob for his years of dedication and stewardship. He has been invaluable to the corporate, and we all know this shall be a seamless transition for group members, franchisees, and friends alike.”
Arrowsmith has held numerous management roles with rising duty since becoming a member of the Motel 6 and Studio 6 manufacturers in 1995. Previous to becoming a member of G6, Arrowsmith labored within the audit group at Deloitte. She is a graduate of Texas A&M College the place she obtained a bachelor’s diploma in accounting and subsequently earned her CPA license.