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Diller, in his role as acting CEO, stated the company had become "sclerotic and bloated" and that employees were "all life and no work." [14] In April 2020, Peter Kern was appointed as CEO of Expedia Group. He was the highest paid CEO in the S&P 500 in 2021, with $296 million in total compensation. [15]
The company late on Thursday also said Chief Executive Officer Peter Kern will step down from his position and will be replaced by company insider Ariane Gorin. ... -Shares of Expedia Group ...
There have been whispers — mostly uninformed — that because private equity firm Silver Lake recently invested $1.2 billion in Expedia Group and $1 billion in Airbnb that the two rivals might ...
The restructuring comes after Expedia warned earlier this month that revenue would moderate in 2024 as air ticket prices drop and said CEO Peter Kern was stepping down. "The business continues to ...
Expedia Inc. Expedia Inc. is an online travel agency owned by Expedia Group, based in Seattle. [1] The website and mobile app can be used to book airline tickets, hotel reservations, car rentals, cruise ships, and vacation packages. Expedia.com was launched on October 22, 1996 by Microsoft. [2]
The travel industry is expected to stay hot this summer. That means no price relief for travelers. “We’re seeing a ton of demand," Expedia Group ( EXPE) CEO Peter Kern told Yahoo Finance Live ...
Expedia Group in 2021 awarded vice chairman and CEO Peter Kern a $296 million compensation package, outpacing all his peers by an order of magnitude, and reportedly making him the third-highest ...
For example, in 2021, Expedia CEO Peter Kern received one of the S&P 500’s largest pay packages. Valued at around $296 million under the old reporting rules, it will continue vesting through at ...