UK budget hotel group Travelodge announced Thursday that CEO Jo Boydell has stepped down, following months of pressure over the group’s handling of a high-profile sexual assault case that exposed security failures.
Chief Financial Officer Ray Reidy has been appointed as interim CEO, and the board has begun the search for a permanent replacement.
“We remain focused on the safety and well-being of our guests and will continue taking the actions necessary to strengthen the business,” said Reidy in a statement alongside the company’s first half results. “We will also continue to engage proactively and constructively with
