Vice Chairman and Chief Executive Officer, Chief People, Inclusion & Diversity Officer, Chief Technology Officer and President, Expedia Product & Technology, President and Chief Executive Officer of BECU, Chief Financial Officer, JBG Smith Properties. 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. Ms. Clinton has served as Vice Chair of the Clinton Foundation since March 2013, where her work emphasizes improving global and domestic health, creating service opportunities and empowering the next generation of leaders. We're treating [Expedia Group] as a house of brands as opposed to discrete businesses that basically compete with one another. 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. Mr. Kern has been a director of Expedia Group since completion of the IAC/Expedia Group Spin-Off and has served as Vice Chairman of Expedia Group since June 2018. Mr. Kern also serves on the boards of several private companies. On top of that, environmental concerns and remote working have caused companies to cut travel budgets. Expedia burned through cash in issuing refunds. While at American Express,Rathiwas named Top Woman in Cloud Innovation in 2014, and Most Influential Women in Payments in 2015. South east Mexico has experienced an unprecedented growth over the last 50 years, Cncun recently celebrated 50 years as a city and has received more visitors If they don't need to talk to a person and they can get a quick, easy answer to their problem, they're happier. One of his methods was sending out semi-regular videos from his wood-clad Seattle home. Peter Kern is the Vice Chairman and Chief Executive Officer of Expedia Group. offers FT membership to read for free. Expedia CEO Peter Kern. I think there are still a fair number of antiquated rules and processes that just make it harder than it needs to be. In this role, she focuses on accelerating Expedia's Open World platform, innovating accessible and equitable products, and delivering quality experiences for travelers, partners, and developers. 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. Prior to joining Paramount, Mr. Diller served as Vice President of Prime Time Television for ABC Entertainment. Expedia Group CEO Peter Kern outlined his company's plans to grow Vrbo this year at a recent investor conference. 301 Route 17 N, Suite 1150, Rutherford, NJ 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. Vice Chairman and Chief Executive Officer, Expedia Group, Inc. Chief Executive Officer, Uber Technologies, Inc. Deputy General Counsel, SoftBank Group International. Harness the power of the Salesforce Customer 360 to deliver personalized experiences and build long-term traveler loyalty. Now, there is one centralised marketing hub working on all the Expedia brands. The next guest on the New Reality With. No matter how smart you are you cant scale IQ points. Link Copied! 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. 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. Khosrowshahi has been a director of Expedia Group since completion of the IAC/Expedia Group Spin-Off. Most had their own marketing teams, for example, meaning the replication of work across the business. As CEO of the fourth largest credit union in the United States, she is responsible for all aspects of leading an organization with more than 1.3 million members and $30.2 billion in assets. She has also served as chairperson of the Card Policy Council of the American Bankers Association and board chair of the Council of Urban Professionals. What will ChatGPT mean for the travel industry? Prior to founding Gemini Associates, Mr. Kern was at the Home Shopping Network and Whittle Communications. 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. 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. From moonshots to vaccines, Washingtons efforts to boost specific industries work best with focused goals. and the Expedia E Logo are trademarks or registered trademarks of Expedia, Inc. Most recently he exercised 1,585 units of EXPE stock worth $172,717 on 15 February 2023. Mr. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Chief Financial Officer, Expedia Group, Inc. Peter M Kern, Expedia Group Inc: Profile and Biography - Bloomberg Markets Bloomberg TV+ Bloomberg Surveillance Bloomberg Surveillance with Tom Keene, Jonathan Ferro & Lisa Abramowicz. -- that's part of our bread and butter, and that's been fairly restricted. 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. Expedia Group helps knock down the barriers to travel, making it easier, more enjoyable, more attainable and more accessible. Since July 2004, Mr. Dolgen has been a private investor. A lot of work still has to happen to realize on that, but that's a big push. Solugen Bio has built a chemical plant that produces all manner of chemical-based products using bio-based feedstock instead of fossil fuels. Over the last 18 months, there's been a lot of putting out fires, dealing with new fires, etc. Why? Previously, Mr. Kern was CEO of Tribune Media and Managing Partner of InterMedia Partners VII, LP, a private equity firm. The total compensation amounts were included in proxy statements last month. Part of his efforts to make Expedia more competitive has been to push decision making down the ranks and allow people to make their own choices. In another, he reflected on a mountain trek on the anniversary of the September 11 terror attacks. He has sat on Expedias board since 2005 when it was spun out of the media conglomerate IAC. 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. 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. Mr. Diller served as Special Advisor to TripAdvisor, Inc., an online travel company, from April 2013 through March 2017, was TripAdvisors Chairman of the Board and Senior Executive from December 2011, when it was spun off from the Company (the TripAdvisor Spin-Off) until December 2012, and served a member of its Board until April 2013. Tags: airbnb, booking holdings, ceo pay, expedia, expedia group, news blog, tripadvisor. Mr. Peter M. Kern is a President & Chief Executive Officer at Tribune Media Co., a Chairman-Supervisory Board at trivago NV, a Chairman at Gato Investments LP, a Chairman at Hemisphere Media Group, Inc., a Vice Chairman & Chief Executive Officer at Expedia Group, Inc., a Co-Founder & Managing Partner at InterMedia Advisors LLC and a Managing 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. Prior to joining InterMedia, Mr. Kern was Senior Managing Director and Principal of Alpine Capital LLC. We're trying to play offense into what we think will be a recovery. 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. 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. 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. 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Ms. Clinton has also served as a member of the Board of Directors of the Clinton Health Access Initiative since September 2011. Co-Chief Executive Officer and Founder, Brex Inc. The estimated Net Worth of Peter M Kern is at least $2.1 Million dollars as of 15 February 2023. I like to take on elements and traits that fit me from the different leaders I respect. Mr. Kern holds a B.S. 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. 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. All Rights Reserved. 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