Vacation rental management company Vacasa named a veteran corporate finance executive as its new chief financial officer Wednesday, another signal of the Portland company’s big-time ambitions.
Vacasa markets and manages vacation rental properties in communities across the country. The company has raised more than $200 million in outside investment and signaled last year that it is preparing for a potential IPO.
New CFO Jim Grube most recently held the same role at online pet supply store Chewy. During the four years he was there, Chewy grew to $4 billion in annual sales and sold to PetSmart for $3 billion. Grube, 48, had previously been a finance vice president at Hilton and a finance director at Amazon.
Vacasa doesn’t disclose financial results but Eric Breon, Vacasa’s founder and CEO, said revenues grew 60 percent last year. The company employs 379 at its Northwest Portland headquarters and nearly 3,000 more across the country.
