Julie Whalen is Executive Vice President and Chief Financial Officer of Expedia Group. The most recent stock trade was executed by Lance A Soliday on 21 February 2023, trading 5,387 units of EXPE stock currently worth $566,335. The group is also taking a new direction. Ms. Clinton also currently serves on the Board of Directors of IAC, The School of American Ballet, Clover Health and Nurx Inc.; the Board of Overseers of the Weill Cornell Medical College and the Columbia University Mailman School of Public Health; the Board of Trustees of the Africa Center; and as Co-Chair of the Advisory Board of the Of Many Institute at New York University. Previously,Rathiwas Senior Vice President and CTO for Gap, Inc. where she developed an end-to-end technology strategy for Gap Inc.s broad portfolio of brands. This copy is for your personal, non-commercial use only. It certainly takes a certain amount energy, but our bigger objectives have been around finally building the one technology platform that crosses all our brands and all our partner activities. (Expedia Group Photo) Expedia Group, the Seattle-based online travel giant, posted improved results for the second quarter, but cautioned that the resurgence of the . He then moved into private equity for more than 20 years, which is where he says he learnt the importance of recruiting good people and giving them space. Prior to Alpine Capital, Mr. Kern founded Gemini Associates in 1996 and served as President from its inception through its merger with Alpine Capital in 2001. Facing pressure to curb diabetes-treatment costs, the company will cut the list prices for its most commonly prescribed insulin and take other steps to make it easier for patients to afford the drugs. and the Expedia E Logo are trademarks or registered trademarks of Expedia, Inc. Mr. Khosrowshahi has been a director of Expedia Group since completion of the IAC/Expedia Group Spin-Off. It was certainly not my idea or [Dillers] that it would be me, he notes. I think people are figuring out how to protect themselves and deal with their own risks. I believe cities will come back, of course, and will be beneficiaries of international travel again. Since July 2004, Mr. Dolgen has been a private investor. As the Chief Executive Officer and Vice Chairman of the Board of Expedia Inc, the total compensation of Peter Kern at Expedia Inc is $1,924,500. Peter Kern, Vice Chairman and CEO Expedia Group Bengaluru: Global travel is likely to keep improving in the coming months as the Covid-19 pandemic moves towards the 'endemic' stage, Peter Kern, vice chairman and chief executive officer of global travel and hospitality booking platform Expedia Group, has said. Since December 1992, beginning with QVC, Mr. Diller has served as chief executive for a number of predecessor companies engaged in media and interactivity prior to the formation of IAC. Javascript is required for this site to display correctly. His Broadway credits include To Kill A Mockingbird; The Iceman Cometh; Carousel; Three Tall Women; A Dolls House, Part 2; The Humans; and Betrayal. Expedia prepares for post-pandemic travel surge. I knew how to deal with all the investors. Prior to joining Paramount, Mr. Diller served as Vice President of Prime Time Television for ABC Entertainment. Expedia CEO Peter Kern speaks to Yahoo Finance. That includes $157 million in stock awards and $137 million in option awards. So, kudos to science and innovation and ingenuity. Prior to joining Expedia Group, Gorin spent 10 years at Microsoft in various sales, distribution and marketing roles. Mr. Kern has been a director of Expedia Group since completion of the IAC/Expedia Group Spin- Off, has served as Vice Chairman of Expedia Group since June 2018, and has served as Chief Executive Officer of Expedia Group since April 2020. Airbnb had $4.8 billion. Vice Chairman and Chief Executive Officer. But February 2020 was not an auspicious time to start a significant overhaul of a global travel company. Bloomberg: Balance of Power focuses on the politics and policiesbeing shaped by the agenda of President Biden's administration. On Halloween 2020, Expedia chief executive Peter Kern was wearing moose antlers and reading bedtime stories over Zoom to his employees' children. He says he is not big in the advice category but he has found the best way to keep staff on side is being straight with your people about how you feel and not put on some image of how you think a CEO should look talk or write. Prior to joining Expedia Group, Michaels extensive career has encompassed human resources, employee and labor relations, diversity and inclusion, organizational design, leadership development, and employment law. If they don't need to talk to a person and they can get a quick, easy answer to their problem, they're happier. Mr. Dolgen holds a B.S. Prior to joining InterMedia, Mr. Kern was Senior Managing Director and Principal of Alpine Capital LLC. CEO Peter Kern told an investor conference Monday that Vrbo would be the last of its . Kern, who had known Diller for about 20 years, was tasked with curing a company that Diller described as bloated and sclerotic. organisation The next guest on the New Reality With. Expedia is planning for a boom in travel as more people get vaccinated. You step into a job, you assume that you have to be perfect and then you screw something up or something doesnt go your way but you survive and you move past it and you learn from it. LAS VEGAS--(BUSINESS WIRE)--At its annual partner event, EXPLORE, Expedia . Prior to Brex, Mr. Dubrugras had co-founded and served as Chief Executive Officer ofPagar.me, an online payments company that was acquired in September 2016. Prior to Alpine Capital, Mr. Kern founded Gemini Associates in 1996 and served as President from its inception through its merger with Alpine Capital in 2001. ExpediaCEO Peter KernQ420222023ExpediaAppExpedia US Peter Kern, CEO of Expedia Group. from Stanford, an MPH from Columbias Mailman School of Public Health and both an MPhil and a Doctorate in International Relations from Oxford University. Prior to joining SoftBank, Ms. Menendez Cambo served in various leadership roles at the law firm of Greenberg Traurig, LLP, including as Vice Chair and as a member of the firm's Executive Committee. Keep abreast of significant corporate, financial and political developments around the world. 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Peter served as Director at Expedia Group. . In addition to the philanthropic work accomplished through his position as a director of The Diller-von Furstenberg Family Foundation, Mr. von Furstenberg also serves on the Board of Directors of Friends of the High Line. For cost savings, you can change your plan at any time online in the Settings & Account section. As of 15 February 2023 he still owns at least 1,585 units of Expedia Inc stock. Mr. Dolgen is a director emeritus of Expedia Group, having served as a director of the company from the IAC/Expedia Group Spin-Off through June 2019. I think '22 into '23 will be a great period for the industry, and I hope the world gets to travel again. You have to create an environment where the team can deliver, he says. Prior to Gap,Rathiwas CIO for Enterprise Growth at American Express, where she managed end-to-end platform technology, infrastructure and operations for the suite of American Express pre-paid products. She most recently served as CTO for Verizon Media. Mr. Jacobson was a director of Ticketmaster from August 2008 until its merger with Live Nation, Inc. in January 2010, Aver Media, a privately-held Canadian lending institution, Eventful Inc., a digital media company, and New Form Digital. If we chased every endpoint, we were going to make it too complex to build the core that we needed. He was inducted into the American Advertising Federations Hall of Achievement in 2009 and is the winner of 28 Cannes Lions. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Expedia CEO Peter Kern. Its most akin to how I see my challenge at Expedia. In this role, he leads the people and culture strategy for the company, including attracting and retaining talent, creating an inclusive and diverse workplace, and continuously improving the employee experience. From February 2014 through March 2019, he served as President of Y Combinator, a provider of advice and seed financing for startups. personalising content and ads, providing social media features and to Gorin joined Expedia Group in 2013 as Vice President of Market Management for EMEA and rapidly expanded the hotel network in the region. A sharper-than-expected expansion of activity offers Chinese leaders an opportunity to shift the spotlight away from pandemic missteps. Any changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel. I think the U.S. will stay a steadfast and strong market for us. In February this year, Expedia said it had achieved record fourth quarter adjusted earnings despite ongoing uncertainty in the travel industry. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. After all, Kern says, people dont put pictures of their vacuum cleaner on their refrigerator but of their favourite trip to Italy or Singapore or Thailand., Expedias Peter Kern: Be straight with your people about how you feel, West Virginia Gov. Short of finding someone else for the top job, Kern was persuaded to take over full time. Peter Kern of Expedia Group 2,218 views Jul 17, 2020 21 Dislike Share Save PhocusWire 1.42K subscribers #coronavirus The next guest on the New Reality With. I think the biggest challenge for OTAs, generally, is taking care of the customer through Covid. Mr. Kern is a Managing Partner of InterMedia Partners VII, LP, a private equity firm. Mr. Altman has also been the General Partner of Hydrazine Capital, an early-stage venture capital firm, since April 2012. Mr. von Furstenberg has been a director of Expedia Group since December 2015. Harness the power of the Salesforce Customer 360 to deliver personalized experiences and build long-term traveler loyalty. While at American Express,Rathiwas named Top Woman in Cloud Innovation in 2014, and Most Influential Women in Payments in 2015. He currently serves on the Board of Directors of all three companies and as Chairman of Helion and Oklo. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Change the plan you will roll onto at any time during your trial by visiting the Settings & Account section. Expedias rival Booking.com had higher profits and half the fixed cost base. We believe in corporate travel, which is why we kept an equity stake in the company, and we will power Amex GBT and other corporate travel players. Expedia Group Inc. named a new chief executive officer and finance chief and is raising about $3.2 billion to shore up its finances after virus lockdowns decimated the travel industry . Everyone has bought enough stuff, he says. Company is here to bring the world within reach for customers and partners around the globe. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Chairman & Sr. Exec.. Peter's mailing address filed with the SEC is C/O EXPEDIA GROUP, INC., 1111 EXPEDIA GROUP WAY W., SEATTLE, WA, 98119. degree from the Wharton School at the University of Pennsylvania. Expedia Group used to be like a sports team where the athletes were competing against each other rather than using the same game plan. Period for the top job, Kern was Senior Managing Director and Principal of Alpine Capital LLC has... 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