DALLAS—G6 Hospitality LLC, the mother or father 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 varied management positions throughout the G6 group over her 28-year profession. As president and chief monetary officer, she has been liable for all finance and revenue-driving efforts, together with the oversight of the income administration, gross sales, and e-commerce departments.
“It has been a terrific honor to be CEO of G6 for the final 5 years,” mentioned Palleschi. “I need to categorical my gratitude to our devoted workforce members, gifted administration workforce, and valued franchisees throughout the nation for his or her great contributions to G6. With Julie’s power, dedication to G6’s values, and almost three many years as a part of the G6 workforce, 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,” mentioned Ms. Arrowsmith. “We’ve an extremely robust workforce in place throughout the group, and I stay up for persevering with our work to assist our franchise companions and ship distinctive worth for our company.”
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 degree of success beneath her management. I need 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 will probably be a seamless transition for workforce members, franchisees, and company alike.”
Arrowsmith has held varied 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 workforce 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.