Extended Stay America Names New CEO

Extended Stay America has appointed Gerardo (Gerry) Lopez as its new president and CEO, effective Aug. 24. Current President and CEO Jim Donald will transition to the role of senior adviser through Dec. 31. Lopez most recently has been the president and CEO of AMC Entertainment Holdings since 2009. Prior to joining AMC, Lopez served in a variety of senior and executive roles at Starbucks Corporation, Handleman Company, and PepsiCo. Donald joined Extended Stay America in February 2012 and guided the company through its initial public offering in November 2013.