Vacasa, Inc. (NASDAQ:VCSA), a leading vacation rental management platform, has announced a change in its financial leadership, according to a recent 8K filing. Tad Larsen, the company's principal accounting officer, will step down from his role, effective May 10, 2024. His departure is not due to any disagreements with Vacasa's operational, policy, or practice matters.
Following Larsen's resignation, Craig Gracey will take over as the principal accounting officer and Chief Accounting Officer starting May 11, 2024. Gracey, 34, has been with Vacasa since November 2020, serving as the Corporate Controller.
His professional background includes a tenure as Technical Accounting & Compliance Manager at Redfin (NASDAQ:RDFN) Corporation and several auditing positions at Deloitte. Gracey is also a Washington State University alumnus, holding a BA in Accounting.
Vacasa's management transition comes amidst a period of significant growth for the company in the vacation rental market. The appointment of Gracey is expected to maintain the company's financial integrity and continue its trajectory of expansion. This strategic move is part of Vacasa's ongoing efforts to strengthen its leadership team and ensure robust financial oversight.
The information regarding these executive changes is based on the company's latest SEC filing. Vacasa has not provided additional details on the reasons behind Larsen's resignation or the expectations for Gracey's tenure.
Investors and stakeholders are keeping a close watch on this development as the company prepares for its next phase of growth with a new financial steward at the helm.
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