Expedia’s chief financial officer is now its CEO as Dara Khosrowshahi leaves to run Uber
https://techcrunch.com/2017/08/30/expedia-names-mark-okerstrom-as-new-ceo-after-khosrowshahi-leaves-to-run-uber/
Following a big internal meeting at Uber where former Expedia CEO Dara Khosrowshahi announced his plans as the new CEO of Uber, Expedia said today it has named its CFO Mark Okerstrom as its CEO.
The new CEO’s second act for the company may be a tough one to follow after Khosrowshahi’s tenure as its CEO. In the past five years, Expedia’s stock has more than doubled and its semi-under the radar status as a company in Bellevue, Washington will now likely have a bit more scrutiny from the tech industry as its top executive has left to run one of the largest (and most controversial) startups in Silicon Valley. Okerstrom will also join the company’s board of directors, and Khosrowshahi will continue to be a member of Expedia’s board.