Last updated: 17 February 2023 at 6:45pm EST. Since 2001, he has acted as Chief Investment Officer of Arrow Investments, Inc., the private investment office that serves his family. I think the summer of '22 will probably be the biggest travel summer of all time, even with some countries constrained. Prior to joining Paramount, Mr. Diller served as Vice President of Prime Time Television for ABC Entertainment. Ms. Clinton has been a director of Expedia Group since March 2017. 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 . It was certainly not my idea or [Dillers] that it would be me, he notes. Before joining Microsoft, she was a consultant with the Boston Consulting Group, both in San Francisco and in Paris. All this change creates traveler pain and also creates company pain because you've got to service customers, and they're needing service at much more elevated levels. He also served on the board at Televicentro of Puerto Rico LLC and Thomas Nelson, Inc. Prior to Expedia he headed up Tribune Media, one of the USs largest broadcasters until its merger with Nexstar Media Group in 2018, and although his prior knowledge of consumer and technology brands has no doubt helped, Kern says his key asset is that he hires people who are far better than me at everything. Over the last 18 months, there's been a lot of putting out fires, dealing with new fires, etc. Expedia, Inc., an Expedia Group company. series is Peter Kern, CEO and vice chairman at Expedia Group, one of the world's largest online travel companies. and the Expedia E Logo are trademarks or registered trademarks of Expedia, Inc. 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. Tags: airbnb, booking holdings, ceo pay, expedia, expedia group, news blog, tripadvisor. While at American Express,Rathiwas named Top Woman in Cloud Innovation in 2014, and Most Influential Women in Payments in 2015. Airbnb had $4.8 billion. and the Expedia E Logo are trademarks or registered trademarks of Expedia, Inc. or Mr. Dzielak is currently a member of the Supervisory Board of trivago, N.V. Michael Davis Velasco is the Chief People, Inclusion and Diversity Officer at Expedia Group. All Rights Reserved. The oldest executive at Expedia Group Inc is Barry Diller, 79, who is the Exec. . We think that generates a huge amount of opportunity for our B2C and B2B businesses. Mr. Khosrowshahi has been a director of Expedia Group since completion of the IAC/Expedia Group Spin-Off. Peter Kern became chief executive officer of Expedia Group Inc. last April, during the travel industrys worst crisis in decades. 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. and a law degree from Pepperdine University. Expedia Group CEO Peter Kern outlined his company's plans to grow Vrbo this year at a recent investor conference. Rathihas held senior technology leadership roles at some of the worlds best technology companies including eBay, Inc., Yahoo, Sun Microsystems and WebMD. There is only winning or learning. Theres been a big underspend on travel and we and many people believe that will reverse itself. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. In a matter of months, the former honors student went from living in a luxury penthouse with other executives at FTX to becoming the latest member of the crypto exchanges inner circle to plead guilty to fraud. Previously, Mr. Kern was . Keep abreast of significant corporate, financial and political developments around the world. Before joining Tribune, Michael was Vice President of Labor Relations at NBCUniversal, where he supported network news and sports, owned and operated stations and late-night entertainment programs. All Rights Reserved. Prior to these efforts, Ms. Clinton worked as an associate at McKinsey & Company, a consulting firm, from August 2003 to October 2006, and as an associate at Avenue Capital Group, an investment firm, from October 2006 to November 2009. The company's CEO Peter Kern explains. Peter Kern Vice Chairman and Chief Executive Officer 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. And that's a problem for the travel industry. What would you do if you were not a chief executive? Expedia, Expedia Group, You may change or cancel your subscription or trial at any time online. Mr. Khosrowshahi worked at Allen & Company LLC from 1991 to 1998, where he served as Vice President from 1995 to 1998. She currently serves on the board of directors of Adecco Group, and is on the advisory council of the Royal Philharmonic Orchestra in London. Mr. Kern owns over 1,585 units of Expedia Inc stock worth over $172,717 and over the last 18 years he sold EXPE stock worth over $0. U.S. government bonds prices have been hit by inflation, fears of persistent high rates. Important questions for industry leaders to address in troubled times for one of the biggest business sectors in the world. Mr. Diller held the positions of Chairman of the Board and Chief Executive Officer of IAC and its predecessors since August 1995 and ceased serving as Chief Executive Officer in November 2010. One of his methods was sending out semi-regular videos from his wood-clad Seattle home. . What will ChatGPT mean for the travel industry? How might particular brands and markets evolve to meet the new set of circumstances that they and travelers find themselves in. From November 2011 to August 2014, Ms. Clinton also worked as a special correspondent for NBC news. Company is here to bring the world within reach for customers and partners around the globe. RathiMurthy is CTO and President of Expedia Product & Technology, which includes overseeing the companys product and platform strategy. By May 2020, the travel company had raised more than $3.2bn in funding with $1.2bn coming from the private equity groups Apollo Global Management and Silver Lake who were temporarily given seats on the board. Gieselman is an inspiring, transformational leader with more than 30 years experience, building award winning marketing teams across consumer products, retail, media and tech. 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. cookies 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. One of the companys new values is Choose Fearlessly. PO Box 760, Sherman, CT 06784 USA | Telephone: +1 860 350-4084, Greyhound and FlixBus combine technology to enhance traveler experience, In The Big Chair - Caesar Indra of Traveloka, VisitBritain seeks more bookings with 10 million campaign, JetBlue adds climate platform powered by Chooose, BinBin swoops up GO Sharing in micromobility consolidation, Expedia, Microsoft and travel experts on ChatGPT. Peter served as Director at Expedia Group. He said Expedia Group would make tech improvements to help Vrbo to take . I believe cities will come back, of course, and will be beneficiaries of international travel again. In addition, he makes $1,924,500 as Chief Executive Officer and Vice Chairman of the Board at Expedia Inc. Peter has made over 40 trades of the Expedia Inc stock since 2006, according to the Form 4 filled with the SEC. It was a precarious moment: Calls to the company's call. Prior to joining Expedia Group, Mr. Dzielak was a partner at the law firm of Preston, Gates and Ellis, LLP (now K&L Gates LLP), where his practice focused on commercial and intellectual property litigation. 02:48 - Source . All rights reserved. Continue reading your article witha WSJ subscription, Already a member? commentary and analysis you can trust. On Halloween 2020, Expedia chief executive Peter Kern was wearing moose antlers and reading bedtime stories over Zoom to his employees' children. There are 6 older and 12 younger executives at Expedia Inc. Simply log into Settings & Account and select "Cancel" on the right-hand side. 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Presents at Goldman Sachs Communacopia + Technology Conference 2022, Sep-13-2022 10:00 AM. Expedia Group CEO, Peter Kern on stage at EXPLORE 22 (Photo: Business Wire) May 04, 2022 04:15 PM Eastern Daylight Time. Mayor Lori Lightfoot, weighed down by fights with unions and a surge in crime, failed to qualify for a runoff electionfour years after winning all 50 of Chicagos wards. Chesky had a nice pay day on paper like Kerns for 2020, namely $120 million, and Kaufers total compensation announced in 2013 was $39 million. Since joining the Company as Assistant General Counsel in April 2006 and through his service as Vice President and Associate General Counsel between February 2007 and October 2011, Mr. Dzielak held primary responsibility for the worldwide litigation portfolio of the Company and its brands. Where are the biggest pressure points in their businesses and the wider industry that might still emerge? Expedia Group Vice Chairman and CEO Peter Kern's 2021 total compensation was $296 million. We're also pushing on the brand front. Solugen Bio has built a chemical plant that produces all manner of chemical-based products using bio-based feedstock instead of fossil fuels. But Europe will be the next-best market for us after the U.S., and after that, Latin America, then Asia-Pacific. 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. Not just informationally; I think people are beyond, "What are the cleanliness standards? Expedia Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Expedia burned through cash in issuing refunds. personalising content and ads, providing social media features and to Peter was Chief Executive Officer at Tribune Media, and Interim Chief Executive Officer at Tribune Media. Expedia Group Vice Chairman and CEO Peter Kerns 2021 total compensation was $296 million. Prior to Expedia Group, Ms. Whalen served as EVP and CFO at Williams-Sonoma, Inc. for more than ten years, having progressed through positions of increasing responsibility in Williams-Sonomas finance organization since joining in 2001. As Expedia Groups EVP and CFO, Ms. Whalen leads the Companys global finance organization and financial activities including accounting, corporate development, financial reporting and analysis, internal audit, investor relations, real estate, tax, and treasury. Mr. Kern served on the board of directors of Tribune Media Company from October 2016 through the completion of Tribune Medias merger with Nextstar Media Group, Inc. in September 2019, and served as Tribune Medias Chief Executive Officer from March 2017 through September 2019. Big-ticket items such as holidays look a risky bet. I think '22 into '23 will be a great period for the industry, and I hope the world gets to travel again. 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. From 1995 to late 2010, Mr. Diller served as the Chairman and the Chief Executive Officer of IAC. Peter Kern, Expedia Group I think the U.S. will stay a steadfast and strong market for us. Discover Peter Kern's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. We're treating [Expedia Group] as a house of brands as opposed to discrete businesses that basically compete with one another. Premium access for businesses and educational institutions. Vice Chairman and Chief Executive Officer. Recognized as a transformative technology executive,Rathioversaw Verizon Medias global technology strategy, leading the companys continued innovations in 5G while also managing the platform technology and infrastructure. degree from the Wharton School at the University of Pennsylvania. He currently serves on the Board of Directors of all three companies and as Chairman of Helion and Oklo. In another, he reflected on a mountain trek on the anniversary of the September 11 terror attacks. All manner of chemical-based products using bio-based feedstock instead of fossil fuels Group Spin-Off outlined his company & x27! And Most Influential Women in Payments in 2015 companys Product and platform strategy a with! 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