• Expedia clearout

Expedia CEO Mark Okerstrom and CFO Alan Pickerill have resigned. The pair are said to have clashed with the company’s board, over future strategy.

Chairman Barry Diller said a recent reorganisation, which had led to poor short term results, had led to a lack of focus on current operations. The board has authorised a further share purchase, declaring the stock to be undervalued.

Read the full story here:

https://media.expediagroup.com/2019-12-04-Expedia-Group-Announces-Executive-Leadership-Changes

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