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Expedia Experiences C-Suite Shakedown

  • Forbes, Friday, December 6, 2019 11:06 AM
Expedia Group’s chief executive and finance head resigned Wednesday after the leaders clashed with the online travel giant’s board over strategy and the company’s outlook. In a memo to employees, Expedia Chairman Barry Diller said that the departing executives and board disagreed on estimates of how much cash the company would generate, according to Forbes. The company attempted earlier this year to reorganize its various brands (Hotels.com, Hotwire, Orbitz, Travelocity and Trivago) in hopes of increasing cross-selling and efficiency.

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