Hotel distribution technology supplier Pegasus Solutions named hotel industry veteran Scott Gibson as CEO after significant structural changes within the company.

Gibson, most recently Best Western International's senior vice president of distribution and strategic planning, takes over following the company's acquisition by private equity firm Regent Equity Partners. Former CEO David Millili, who became CEO in 2012, has left the company, a spokesperson confirmed. Pegasus earlier this month also sold its distribution services business to an affiliate of private equity firm H.I.G. Capital.