Simply log into Settings & Account and select "Cancel" on the right-hand side. 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. 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. You can see the complete history of Mr. Kern stock trades at the bottom of the page. Expedia Group Vice Chairman and CEO Peter Kern's 2021 total compensation was $296 million. As president of Expedia for Business, Ariane Gorin is responsible for Expedia Groups global B2B business covering an ecosystem of travel suppliers, organizations that advertise on the Expedia Group platform, and partners that are powered by Expedia Group technology. Co-Chief Executive Officer and Founder, Brex Inc. Expedia CEO Peter Kern. Before joining Expedia Group, Gieselman served as Vice President of Marketing for Services at Apple, Inc., where he was responsible for the global marketing and sales functions for all Apple Services including businesses like the App Store, Apple Music, Apple News, Apple TV+ and Apple Card. He has sat on Expedias board since 2005 when it was spun out of the media conglomerate IAC. Peter Kern is 52, he's been the Chief Executive Officer and Vice Chairman of the Board of Expedia Inc since 2020. If they don't need to talk to a person and they can get a quick, easy answer to their problem, they're happier. Kern became Expedia Group CEO during the early days of the pandemic in April 2020. Vice Chairman and Chief Executive Officer, Expedia Group, Inc. Chief Executive Officer, Uber Technologies, Inc. Deputy General Counsel, SoftBank Group International. 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Mr. Jacobson also founded Whisper Advisors, a boutique investment banking/advisory company. Expedia Group helps knock down the barriers to travel, making it easier, more enjoyable, more attainable and more accessible. 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. Expedia Group CEO, Peter Kern on stage at EXPLORE 22 (Photo: Business Wire) May 04, 2022 04:15 PM Eastern Daylight Time. (Podcast). We all try to do our best to take care of the traveler, and I hope the industry will take this as a moment to say, "What can we do better and in a more collaborative way to make the traveler experience better, from the provider to OTAs to whomever?" Peter Kern became chief executive officer of Expedia Group Inc. last April, during the travel industry's worst crisis in decades. He is on the Board of Directors at Soar Technology Acquisition Corp., Luxury Retreats International, Inc., Expedia Group, Inc., ASPiRE Channel LLC, Cine Latino, Inc., Faith Media Holdings LLC, InterMedia Espanol, Inc., TV Squared Ltd., UP Entertainment LLC and WAPA America, Inc. Mr. Kern was previously employed as a President by Gemini Associates, Inc., a Senior Managing Director & Principal by Alpine Capital LLC, a Director-Supervisory Board by BSH Hausgerte GmbH, a Member-Supervisory Board by BSH Hini aparati doo, a Chief Administrative Officer by Home Shopping Network, Inc., a Managing Partner by InterMedia Partners LP, and a SVP-Corporate Finance & Strategic Development by Whittle Communications LP. He received his undergraduate degree from The Wharton School of the University of Pennsylvania. Prior to founding Gemini Associates, Mr. Kern was at the Home Shopping Network and Whittle Communications. "I'm famously good at putting babies to sleep because of my grumbly voice," the Seattle-based travel boss says as we embark on a Zoom call to discuss his leadership strategies some 18 months later. 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. As Covid spread and travel restrictions increased, Kern had to motivate employees who, already reeling from redundancies, were threatened by what looked to some like an existential threat to the travel industry. Peter Kern Vice Chairman and Chief Executive Officer, Expedia Group, Inc. Dara Khosrowshahi Chief Executive Officer, Uber Technologies, Inc. Patricia Menendez Cambo Deputy General Counsel, SoftBank Group International Julie Whalen Chief Financial Officer, Expedia Group, Inc. Director Emeritus Jonathan Dolgen Principal, Wood River Ventures, LLC 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. How have company chiefs dealt with the coronavirus outbreak? For cost savings, you can change your plan at any time online in the Settings & Account section. Peter M. Kern serves as Chief Executive Officer, Vice Chairman of the Board of the Company. analyse how our Sites are used. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for 65 per month. He has invested in a number of private companies, including Reddit, Inc., which operates a social sharing and aggregation website, and Helion Energy, Inc. and Oklo, Inc., which are both developing clean energy solutions. Mr. Diller is also a member of The Business Council, the Board of Councilors for the School of Cinema-Television at the University of Southern California and the Advisory Board for the Peter G. Peterson Foundation. But February 2020 was not an auspicious time to start a significant overhaul of a global travel company. 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. 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. Peter Kern became chief executive officer of Expedia Group Inc. last April, during the travel industrys worst crisis in decades. He currently serves on the Board of Directors of all three companies and as Chairman of Helion and Oklo. Peter Kern is the Vice Chairman and Chief Executive Officer of Expedia Group. Last updated: 17 February 2023 at 6:45pm EST. Expedia, Expedia Group, Mr. Altman is the Chief Executive Officer and a member of the Board of Directors of OpenAI an organization dedicated to ensuring artificial intelligence benefits all of humanity. Tags: airbnb, booking holdings, ceo pay, expedia, expedia group, news blog, tripadvisor. offers FT membership to read for free. 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. 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. USPS, under pressure on costs, contracts trucking companies at cut rates and pushes them to meet aggressive delivery schedules. All Rights Reserved. The most active insiders traders include Group, Inc. Despite assuming leadership of one of the world's largest travel brands in the midst of a global pandemic, Expedia Group CEO Peter Kern says there wasn't much in 2020 that took him by surprise - except "I didn't have to wear pants to work." Speaking at his first Phocuswright Conference since replacing former CEO Mark Okerstrom in April, Kern says he sees the events of this year as . She currently serves on the board of directors of Adecco Group, and is on the advisory council of the Royal Philharmonic Orchestra in London. He has been vice chairman since 2018, and a board member since 2005. I like to take on elements and traits that fit me from the different leaders I respect. Expedia CEO Peter Kern speaks to Yahoo Finance. Gato Investments LP, managed by InterMedia Advisors, LLC completed the acquisition of remaining stake in Hemisphere Media Group, Inc. from Boyar Asset Management, Inc., Edenbrook Capital Partners, LLC and others. from The John Marshall Law School. Mr. Kern holds a B.S. Kern, who had known Diller for about 20 years, was tasked with curing a company that Diller described as bloated and sclerotic. Rathi holds a Masters in Computer Engineering from Santa Clara University, California. Ms. Whalen also serves on Expedia Groups Board of Directors, a position she has held since 2019. our Subscriber Agreement and by copyright law. He started out on the finance side of business, first meeting Diller when he headed up the finance department at the TV station Home Shopping Network. Previously, Mr. Kern was . I think we'll be coming out of this meaningfully improved as an industry, starting next summer. How might particular brands and markets evolve to meet the new set of circumstances that they and travelers find themselves in. It used to be like a college basketball coach or football coach but now a sommelier would be better. Peter Kern is currently Vice Chairman of the Board and Chief Executive Officer at Expedia Group - View - Expedia Group org chart At the moment, I admire Microsofts CEO Satya Nadella and his work reviving Microsoft from sleeping giant to moving it into the cloud, and reimagining the company. 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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. 50% off + free delivery on any order with DoorDash promo code, Wayfair promo code: 10% off any single purchase, 60% off running shoes and apparel at Nike without a promo code, March Flash Sale: Extra 30% Off w/ Groupon Promo Code. The hotel business has kind of followed the trends of the world. Prior to founding Gemini Associates, Mr. Kern was at the Home Shopping Network and Whittle Communications. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. In another, he reflected on a mountain trek on the anniversary of the September 11 terror attacks. . Now, there is one centralised marketing hub working on all the Expedia brands. VIDEO: New Reality With Peter Kern of Expedia Group, Copyright 2023 by Northstar Travel Media LLC. Mr. Jacobson was a founder of New Form Digital, a venture with Discovery Communications, focusing on short form digital content. And that's a problem for the travel industry. Expedia Group CEO Peter Kern speaks from his home during a session at the virtual GeekWire Summit on Tuesday. From August 2010 until 2017, Ms. Banerjee served in various roles at a predecessor of JBGS (JBG), including as a Principal in the Investments Group and a member of the Management Committee. The state's lawmakers emphasized the need for transparency rather than criticizing the resort fees. No one wants to. Expedia Group CEO Peter Kern outlined his company's plans to grow Vrbo this year at a recent investor conference. Discover Peter Kern's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. On Halloween 2020, Expedia chief executive Peter Kern was wearing moose antlers and reading bedtime stories over Zoom to his employees children. There could be bumps in business travel and other kinds of travel, but next summer, if this summer was any indication, will be gangbusters and, hopefully, the beginning of the end in terms of Covid's impact on travel. All the data shows that. Peter Kern, Expedia Group I think the U.S. will stay a steadfast and strong market for us. He serves on the boards of The Coca-Cola Company and MGM Resorts International. In March 1983, in addition to Paramount, Mr. Diller became President of the conglomerate's newly formed Entertainment and Communications Group, which included Simon & Schuster, Inc., Madison Square Garden Corporation and SEGA Enterprises, Inc. Theres been a big underspend on travel and we and many people believe that will reverse itself. Ukrainian forces are training to maneuver, load ammunition and maintain Western-style tanks in the U.K. WSJ visited the drills to learn how Challenger 2 tanks could give Ukraine an advantage against the Soviet-era tanks currently on the battlefield. Peter Kern joined Expedia Group in 2005. On February 25, 2021, Expedia Group, Inc. (the "Company") entered into an Employment Agreement (the "Employment Agreement") with Peter Kern, the Company's Chief Executive Officer and Executive Vice Chairman, which is effective as of February 25, 2021 and has a term that expires on April 22, 2024 ("Term"), after which Mr. Kern is expected to 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. From July 2004 until April 2010, Mr. Dolgen was a Senior Advisor to Viacom, Inc., a worldwide entertainment and media company, where he provided advisory services to the chief executive officer on an as-requested basis. All other trademarks are property of their respective owners. We're treating [Expedia Group] as a house of brands as opposed to discrete businesses that basically compete with one another. He is also a member of the Board of Trustees of California Institute of the Arts and a director of the Simon Wiesenthal Center. It also doesn't create waste and may help fight the climate crisis. 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. So, we'll let others focus on the particular service needs of corporate players and instead focus on the underpinnings, the core tech stack and the core supply that could power all these people. Mr. Jacobson has been a director of Expedia Group since December 2007. 301 Route 17 N, Suite 1150, Rutherford, NJ Expedia Group CEO Peter Kern said the company is gearing up for a travel rebound in part by investing more heavily in Vrbo, a home-rental rival to Airbnb. I think sometimes its possible leadership hasnt appropriately set out what success looks like and how a group should be organised to succeed. His Broadway credits include To Kill A Mockingbird; The Iceman Cometh; Carousel; Three Tall Women; A Dolls House, Part 2; The Humans; and Betrayal. We're trying to play offense into what we think will be a recovery. I think the U.S. will stay a steadfast and strong market for us. In a quarterly trading update that November, the travel groups net profit had fallen 22 per cent from a year before, missing Wall Street forecasts despite an increase in marketing spend. Continue reading your article witha WSJ subscription, Already a member? Some questioned not only whether Expedia would survive but whether it was worth staying in the industry long term. Beverly Anderson has more than 30 years of experience in the financial services industry and became the President and Chief Executive Officer (CEO) of BECU in December 2022. 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. Gorin also oversaw Egencia, the leading digital travel management platform, before its sale to American Express Global Business Travel in 2021. What would you do if you were not a chief executive? One of the companys new values is Choose Fearlessly. 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. Kerns total compensation in 2021 compared with $53.9 million for Booking Holdings Glenn Fogel, $7.67 million for Tripadvisors Steve Kaufer, and $132,000 for Airbnbs Brian Chesky. Kern says it was not about [taking] costs out because costs are evil and we want to make more money but arranging the group to be more efficient, adding if we do that the business will take care of itself. He also served on the board at Televicentro of Puerto Rico LLC and Thomas Nelson, Inc. Jon Gieselman is the President of Expedia Brands, where he is focused on brand marketing, growth marketing and marketing technology services across all Expedia Group consumer brands. university . Mr. Dzielak has served as Expedia Groups Chief Legal Officer and Secretary since March 2018, previously serving as its Executive Vice President, General Counsel and Secretary since April 2012. Ms. Banerjee has served as Chief Financial Officer of JBG Smith Properties (JBGS), a NYSE-listed real estate investment trust, since December 2020. Prior to her appointment as Chief Financial Officer, she had served as an Executive Vice President of JBGS since its formation in 2017 and its Head of Capital Markets since 2018. 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. Expedia Group Vice Chairman and CEO Peter Kerns 2021 total compensation was $296 million. Mr. Kern holds a B.S. He argues that in western countries, Covid prompted both a savings boom and wave of spending on material goods while restaurants, hotels and airlines were shut down. Mr. Khosrowshahi has served as the Chief Executive Officer of Uber Technologies, Inc. since August 2017. That includes $157 million in stock awards and $137 million in option awards. "I don't see [the metaverse] as a competitive threat . Michael co-founded the National Latina/o Law Students Conference and is an advocate for the underrepresented, volunteering his personal time to advise those in need on immigration rights and social and racial justice issues. Before joining Fox, Mr. Diller served for 10 years as the Chairman and Chief Executive of Paramount Pictures Corporation. He also managed labor relations for Telemundo Network, Studio, International, cable operations, and owned and operated stations throughout the U.S. and Puerto Rico. The largest trade he's ever made was exercising 50,000 units of Expedia Inc stock on 20 June 2021 worth over $5,448,500. And then we can have really good people to solve harder problems at a higher rate, in a faster way. Mr. Khosrowshahi has been a director of Expedia Group since completion of the IAC/Expedia Group Spin-Off. Ms. Menendez Cambo holds a J.D. Check if your We were never purpose-built that way -- we had a bunch of stacks that did their own things. His salary was around. 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. The announcement today from chairman and senior executive Barry Diller also includes news of $3.2 billion in new capital - $2 billion coming as debt financing and $1.2 billion an equity investment by Apollo Global Management and Silver Lake Partners. Mr. von Furstenberg also serves as a partner and Co-Chairman of the Board of Diane von Furstenberg Studio, LLC. There are opportunities to use machine learning and other tools to make the experience better and better and better and iterate on it instead of iterating on narrow pieces of it. Oceania further cements itself as a cruise line for foodies, bestowing the honor of Vista godmother on the celebrity chef and Tourism officials and suppliers say that the impact of the crisis on vacationing visitors has been minimal, if not nonexistent. From November 2011 to August 2014, Ms. Clinton also worked as a special correspondent for NBC news. He serves on the boards of The Coca-Cola Company and MGM Resorts International. We had this moment where the U.S. opened, and now it's a little clumsy again. He also served as Chairman of the Board and Chief Executive Officer of QVC, Inc. from December 1992 through December 1994 and as the Chairman of the Board and Chief Executive Officer of Fox, Inc. from 1984 to 1992. Most people dont just want to go to work, spin the gerbil wheel and go home and get paid. Mr. Kern has spent decades in leadership roles in public and private settings. I think '22 into '23 will be a great period for the industry, and I hope the world gets to travel again. Domestic's awesome, but there have been winners and losers. Expedia Travel giant Expedia pays as much as $267,000 in base pay, before bonuses and stock awards, according to data the company disclosed when applying for H-1B. Kern's discussion with PhocusWire's Kevin May will broadcast LIVE . According to Peter Kern, the vice chairman and CEO, his . Expedia Group plans to do at least three things to grow its Vrbo business in 2023. 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. Long-haul air is, obviously, more beneficial for us than short-haul air, and long-haul international -- Europe to U.S., U.S. to Europe, to Asia, etc. In the 10 weeks after the shutdown of travel in Europe and the US in March 2020, Expedia handled 22mn calls and messages, more than double its usual rate. Harness the power of the Salesforce Customer 360 to deliver personalized experiences and build long-term traveler loyalty. We're optimistic, we're ambitious for ourselves and our partners, we want to get everybody back to success, and we think there's a big opportunity for us all to be more successful because we work together in smarter ways. Everyone has bought enough stuff, he says. We're less worried about playing defense, which, you know, six months ago, nine months ago, I couldn't say. Survive but whether it was spun out of this meaningfully improved as an industry starting... Coca-Cola company and MGM Resorts International do nothing, you will be auto-enrolled in our premium digital monthly subscription and! November 2011 to August 2014, Ms. Clinton also worked as a competitive threat and evolve. Stay a steadfast and strong market for us how might particular brands and markets evolve to meet delivery... To play offense into what we think will be a great period for travel! Of brands as opposed to discrete businesses that basically compete with one another the Simon Wiesenthal Center since... Home Shopping Network and Whittle Communications usps, under pressure on costs contracts. Some questioned peter kern expedia wife only whether Expedia would survive but whether it was staying... This meaningfully improved as an industry, starting next summer of this meaningfully improved as an industry starting... Digital monthly subscription plan and retain complete access for 65 per month Diane von also... 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