SCOOP: VTrips’ Steve Milo Is Out as CEO
Photo Credit: Steve Milo (right), the founder and CEO of VTrips, spoke on a panel with Tim Coates, CEO of RedAwning, at the Skift Short-Term Rental Summit in June. Source: Skift Skift
Skift Take
VTrips has been under pressure for some time, and will need a cash infusion to right the ship.
Steve Milo is out as CEO of VTrips, but will remain on the board, according to an internal email obtained by Skift.
Scott Seay, chief operating officer of the property management company, will take over as CEO.
In an internal email to employees sent Monday afternoon, Milo, the founder and majority shareholder of the company, said he will still be involved in VTrips.
Milo wrote he will focus on his purpose-built vacation rental projects, including his Smoky Cove development in Gat