StayTerra Builds Out Leadership Team to Support Next Phase of Platform Growth

Key Executive Appointments Position Vacation Rental Platform to Scale Its Growing Family of Brands and Continue Delivering Best-in-Class Experiences for Owners and Guests

NEW YORK--(BUSINESS WIRE)--StayTerra, a platform of premier vacation rental brands in top destinations across America, today announced a series of key senior leadership appointments that deepen the company's operational, financial and technology capabilities as it scales its platform and supports the growth of its portfolio brands.

StayTerra, backed by Garnett Station Partners and Bessemer Venture Partners, continues to build out the infrastructure to support a growing family of regional vacation rental brands, which includes Moving Mountains in Colorado, Vacation Homes of Hilton Head in South Carolina, Cape & Coast and Prime Vacations in Florida, and most recently Gather Vacations in Hawaii and the West Coast. The additions reflect StayTerra's strategy of pairing strong local brands with the shared resources, expertise and capabilities of a broader platform.

• Jordi Mena has joined as Chief Financial Officer. Mr. Mena will leverage nearly two decades of financial leadership across hospitality, consumer and multi-site operations to support StayTerra’s operational discipline and continued growth.
• Kyle Utley has joined as Chief Technology Officer. He brings more than two decades of experience modernizing systems and scaling technology teams in regulated multi-entity organizations to drive innovation and technology advancement across the StayTerra platform.
• Patrick Noonan has joined as Vice President of Business Development. Mr. Noonan previously served as Vice President of Operations at Prime Vacations, StayTerra's Florida Gulf Coast brand, and will lead owner acquisition, retention and business-development standards across the platform's brands.

“StayTerra is building a differentiated vacation rental platform around strong local brands with deep roots in the destinations they serve, talented teams and thoughtful hospitality, and the addition of these proven leaders will help us accelerate that mission,” said Amy Kothari, Chief Executive Officer of StayTerra. “Jordi, Kyle and Patrick each bring a track record scaling complex, multi-site organizations without losing sight of the local relationships and service standards that make those businesses special. I’m energized by the talent and dedication across our team and the opportunity to continue investing in our brands, elevating the experiences we deliver in every destination and building StayTerra into the vacation rental company of choice for the owners who trust us with their homes and the guests who choose us for their time away.”

Jordi Mena, Chief Financial Officer
Mr. Mena is a proven finance executive with nearly two decades of experience across hospitality, consumer and multi-site operations. He most recently served as Chief Financial Officer of Cadogan Tate, a private equity-backed global provider of fine-art, design and high-value logistics and storage. Previously, he was the first finance leader and later CFO of PS, the luxury private-terminal business, where he helped scale the company from a single location into a multi-city platform and supported its sale to Groupe ADP, a publicly traded airport operator. Earlier in his career, Mr. Mena held finance leadership roles at GUESS? and Gap Inc. and began his career as an auditor at Deloitte.

Kyle Utley, Chief Technology Officer
Mr. Utley is a technology executive with more than two decades of experience modernizing systems and scaling teams in regulated, multi-entity organizations. He most recently served as Chief Technology Officer of Landmark Credit Union, a $7.5 billion institution, after progressing from Vice President of Software Engineering & Data to Senior Vice President of Information Technology at the company. In those roles, he built the technology organization from a small engineering group into a full enterprise function spanning software, data, infrastructure and security, and led a multi-year modernization of core platforms. Earlier in his career, Mr. Utley held senior technology roles in specialty pharmacy, life-sciences distribution and consulting, including as Senior Director of Technology at Dohmen Life Science Services.

Patrick Noonan, Vice President of Business Development
Mr. Noonan has more than two decades of experience leading operations and sales at customer-focused organizations. He most recently served as Vice President of Operations at Prime Vacations, StayTerra's Florida Gulf Coast brand, where he led multi-site operations across the portfolio. He previously spent nearly four years at Vacasa in owner-acquisition sales, including as Regional Sales Manager. Earlier in his career, he held leadership roles building and running multi-location sales and operations teams.

About StayTerra

StayTerra is a collection of premier vacation rental brands committed to providing best-in-class property management for owners and seamless, elevated experiences for guests in top destinations across America. StayTerra's long-term vision is to be the premier vacation rental company of choice, trusted by property owners to care for their homes and by guests to create exceptional vacation experiences. The company's brands combine local expertise with the collective resources of the broader StayTerra platform and are guided by a shared commitment to excellence, integrity, personalization, innovation, sustainability and hospitality. For more information, please visit stayterravaca.com.

About Garnett Station Partners

Garnett Station Partners is a principal investment firm founded in 2013 that manages approximately $4.5 billion of assets. Garnett Station partners with experienced and entrepreneurial management teams and strategic investors to build value for its portfolio of growth platforms. The firm draws on its global relationships, operational experience and rigorous diligence process to source, underwrite and manage investments. Core sectors include consumer and business services, health and wellness, automotive, and food and beverage. Garnett Station's culture is based on the principles of entrepreneurship, collaboration, analytical rigor and accountability. For more information, please visit garnettstation.com.

About Bessemer Venture Partners

Bessemer Venture Partners helps entrepreneurs lay strong foundations from inception to build long-standing companies. With more than 155 IPOs and 450-plus portfolio companies across industries, Bessemer supports founders and CEOs from seed through every stage of growth. Bessemer has backed industry defining companies including Anthropic, Abridge, Canva, LinkedIn, Perplexity, Pinterest, RocketLab, Shopify, ServiceTitan, Toast, and Twilio, and has $20 billion of assets under management. Bessemer invests globally, with investment teams located in San Francisco, Silicon Valley, New York, Boston, London, Bangalore, and Tel Aviv. www.bvp.com.