Charlotte-based hotel chain Extended Stay America on Monday named Jonathan Halkyard CEO, effective Jan. 1.
He succeeds Gerry Lopez, who will serve as a senior adviser until March 18. Lopez became CEO in August 2015, arriving from AMC Entertainment to take over a company that went public in 2013.
Halkyard most recently was Extended Stay’s chief financial officer. The company said David Clarkson, Extended Stay’s treasurer, will serve as acting CFO during a search for a permanent replacement.
Extended Stay said in a securities filing that Lopez’s departure did not involve any disagreement with the company, which also issued an improved business outlook for 2017.
Never miss a local story.
“With Jonathan now ready to take the reins, I’m delighted to hand the Company over to him, completing a round of internal promotions into key management roles that set up ESA well for the future,” Lopez said in a statement.
In 2016, Lopez was the third-highest paid CEO of a company based in the Charlotte area, making $13.9 million, according to an Observer analysis. The biggest chunk of that compensation stemmed from a stock grant connected to his becoming CEO.