Casago announced on Friday that founder and CEO Steve Schwab will transition into a Founder and Chairman of the Board role in October 2026, shifting his focus toward long-term strategy, industry advocacy, and engaging with the franchise community.
Schwab will remain CEO of both Casago and Vacasa through the transition period. The leadership change follows Casago’s 2025 acquisition of Vacasa, significantly expanding the company’s management footprint across North America.
Casago President Joe Riley has been appointed the company’s next CEO and will formally assume the role in October. Until then, Riley will oversee internal operations while working alongside Schwab on the transition.
Schwab founded Casago in 2001 and has led the company for 25 years. In a statement, he said “This new role allows me to focus on what I love most, advocating for our industry, spending meaningful time with our franchise partners and helping shape the long-term strategy of the company. I’m incredibly proud of what we’ve built together, but more so looking forward to where we’re headed.”
Riley said the company plans to continue building on its current momentum and emphasized continuity across the leadership change.
The company described the transition as planned and coordinated with its board of directors.
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