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Expedia Inc. shuffled management at Expedia North America, appointing Paul Brown as president to replace Steven McArthur, who will resign, the company said. Brown will retain the responsibilities ...
Shares of Expedia (EXPE) took a post-earnings plunge Friday after the company announced a change in leadership, despite posting stellar fourth-quarter results. Ariane Gorin, the President of Expedia ...
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Peter Kern Exits Expedia Board as New CEO Makes Changes
Expedia is not replacing Kern with a new board member, so the board will have 12 directors, six women, including Gorin, and six men, instead of 13 directors and a male majority.
Indeed, in its most recent quarter, Expedia’s revenue rose 6%, helped in part by a 9% increase in hotel bookings. Last year, Expedia’s revenue at $11.7 billion was more than double 2020’s.
The change in rating comes during a transitional phase for Expedia, as the company witnesses a change in leadership with the departure of CEO Kern. He is handing over the reins to the new CEO, Ariane ...
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