Vacasa Exec Is Out Just 4 Months After Being Promoted
Photo Credit: Vacasa's chief commercial officer abruptly left his position February 6, 2023. Pictured is a Vacasa rental in San Antonio, Texas. Vacasa
Skift Take
Some might argue that Vacasa is getting a substantial injection of Expedia DNA. The new CEO, chief commercial officer and principal operating officer all have Expedia ties.
Vacasa Chief Commercial Officer Craig Smith left his post abruptly Monday just four months after taking the position, and TurnKey co-founder T.J. Clark replaced Smith in the role, Skift has learned.
Smith was among the Vacasa leaders who led the layoffs January 24, when Vacasa fired 17 percent of its staff, its second round of layoffs in a few months.
Vacasa published a Securities and Exchange Commission filing Monday afternoon announcing Smith's departure, but it doesn't mention Clark's promotion. Clark had been Vacasa's vice president of business development.
Instead, the financial filing said that Chief Operating Officer John Banczak replaced Smith in one of his roles as the company's principal operating office
