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Fri, Feb 10 202311:47 AM EST. Expedia, Expedia Group, Wife: Not Available: Sibling: Not Available: Children: Not Available : Peter Kern Net Worth. Since July 2004, Mr. Dolgen has been a private investor. 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 joining InterMedia, Mr. Kern was Senior Managing Director and Principal of Alpine Capital LLC. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Mr. Jacobson was a founder of New Form Digital, a venture with Discovery Communications, focusing on short form digital content. Expedia CEO Peter Kern speaks to Yahoo Finance. Gieselman holds a B.A. She is also an Art of Living Teacher and has a passion to help spread peace in the community. If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. It used to be like a college basketball coach or football coach but now a sommelier would be better. All Rights Reserved. What was the first leadership lesson you learnt? But Kern is bullish on peoples propensity to travel. Mr. Kern holds a B.S. Prior to. Julie Whalen is Executive Vice President and Chief Financial Officer of Expedia Group. Expedia Group plans to do at least three things to grow its Vrbo business in 2023. 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Gorin also oversaw Egencia, the leading digital travel management platform, before its sale to American Express Global Business Travel in 2021. from Stanford, an MPH from Columbias Mailman School of Public Health and both an MPhil and a Doctorate in International Relations from Oxford University. But February 2020 was not an auspicious time to start a significant overhaul of a global travel company. We use Kern never saw himself in the travel industry despite enjoying it as a personal pastime and investing in several smaller travel technology groups in the past. His Broadway credits include To Kill A Mockingbird; The Iceman Cometh; Carousel; Three Tall Women; A Dolls House, Part 2; The Humans; and Betrayal. There are 6 older and 12 younger executives at Expedia Inc. Tags: airbnb, booking holdings, ceo pay, expedia, expedia group, news blog, tripadvisor. Why? All the data shows that. Kern says his staff needed ongoing love. According to Peter Kern, the vice chairman and CEO, his . Beyond the office, Beverly is dedicated to giving back to her community, serving on the boards of Expedia Group, Accion, Sword Health, and the Harvard Business School African-American Alumni Association. Expedia, Inc., an Expedia Group company. Expedia, Expedia Group, Peter M. Kern serves as Chief Executive Officer, Vice Chairman of the Board of the Company. Evidence from airlines such as United, which said in April that it expected record quarterly revenues in the three months to the end of June, would suggest as much. But he was suddenly propelled into running the company after his predecessor Mark Okerstrom and Expedias then-chief financial officer walked out in December 2019 following a boardroom dispute. analyse how our Sites are used. Peter Kern, Expedia Group I think the U.S. will stay a steadfast and strong market for us. Michael began his journey with Expedia Group in 2020 as Chief Inclusion and Diversity Officer. Rathi holds a Masters in Computer Engineering from Santa Clara University, California. From February 2014 through March 2019, he served as President of Y Combinator, a provider of advice and seed financing for startups. 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. All other trademarks are property of their respective owners. series is Peter Kern, CEO and. We support credit card, debit card and PayPal payments. In another, he reflected on a mountain trek on the anniversary of the September 11 terror attacks. 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. Mr. Khosrowshahi worked at Allen & Company LLC from 1991 to 1998, where he served as Vice President from 1995 to 1998. I was very good at putting my own sons to sleep that way.. degree from the Wharton School at the University of Pennsylvania. In some he read bedtime stories to the children of frazzled staff. Mr. Dubugras has served as the co-Chief Executive Officer of Brex Inc., a privately-held financial services company, since co-founding Brex in 2017. 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. 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Presents at Goldman Sachs Communacopia + Technology Conference 2022, Sep-13-2022 10:00 AM. 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. 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. Before joining Microsoft, she was a consultant with the Boston Consulting Group, both in San Francisco and in Paris. That's where we're trying to go. 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. 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. From April 1994 to July 2004, Mr. Dolgen served as Chairman and Chief Executive Officer of the Viacom Entertainment Group, which primarily included Paramount Pictures and Paramount Television, Paramounts regional theme parks, motion picture theaters, and book publishing operations. Email*. Choosing one leadership hero is hard. Airbnb had $4.8 billion. Kern became Expedia Group CEO during the early days of the pandemic in April 2020. Expedia Group CEO Peter Kern speaks from his home during a session at the virtual GeekWire Summit on Tuesday. The company's CEO Peter Kern explains. https://www.wsj.com/articles/travel-boom-coming-expedia-ceo-says-hotels-will-come-screaming-back-11618664400. While at American Express,Rathiwas named Top Woman in Cloud Innovation in 2014, and Most Influential Women in Payments in 2015. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. We were never purpose-built that way -- we had a bunch of stacks that did their own things. commentary and analysis you can trust. Last updated: 17 February 2023 at 6:45pm EST. Domestic was tremendously strong for us. 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. Beverlys career and leadership recognitions include American Bankers 23 People Who Will Matter in Banking in 2023, Black Enterprises Most Powerful Women in Corporate America, CardLinxs Top 20 Women in Digital Commerce, and the Kenneth A. Powell Award for Professional Achievement from the Harvard Business School African-American Alumni Association. 301 Route 17 N, Suite 1150, Rutherford, NJ The stock and option awards represent the fair value at the grant date, and wont necessarily be the actual value when the awards vest. Mr. Kern holds a B.S. Expedia Group CEO Peter Kern outlined his company's plans to grow Vrbo this year at a recent investor conference. When it comes to the ratio of the CEOs salary to median employee compensation, excluding the CEOs compensation, at each company, Expedias was 2,897 to 1; Bookings was 931 to 1; Tripadvisors was 76 to 1; and Airbnbs was .65 to 1. Big-ticket items such as holidays look a risky bet. Continue reading your article witha WSJ subscription, Already a member? On Halloween 2020, Expedia chief executive Peter Kern was wearing moose antlers and reading bedtime stories over Zoom to his employees' children. How might particular brands and markets evolve to meet the new set of circumstances that they and travelers find themselves in. Expedia, Inc., an Expedia Group company. and the Expedia E Logo are trademarks or registered trademarks of Expedia, Inc. Mr. Kern holds a B.S. It was a precarious moment: Calls to the company's call. cookies 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. He studied computer science at Stanford University from September 2016 to March 2017. Peter Kern is the new CEO of Expedia Group and Eric Hart is chief financial officer.. We're trying to play offense into what we think will be a recovery. Mr. Dzielak had previously served as Senior Vice President and acting General Counsel since October 2011. LAS VEGAS--(BUSINESS WIRE)--At its annual partner event, EXPLORE, Expedia . This copy is for your personal, non-commercial use only. 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. We've always been stronger in big destination cities, Vegas, things like that, and some got hit during Covid. PO Box 760, Sherman, CT 06784 USA | Telephone: +1 860 350-4084, Greyhound and FlixBus combine technology to enhance traveler experience, In The Big Chair - Caesar Indra of Traveloka, VisitBritain seeks more bookings with 10 million campaign, JetBlue adds climate platform powered by Chooose, BinBin swoops up GO Sharing in micromobility consolidation, Expedia, Microsoft and travel experts on ChatGPT. Barry Diller is the Chairman and Senior Executive of IAC and the Chairman and Senior Executive of Expedia Group. Im a big fan of old world Italian and French wines. Mr. You have to create an environment where the team can deliver. 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. 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. CEO Peter Kern told an investor conference Monday that Vrbo would be the last of its . But I wouldn't say, universally, we're as strong as we want. 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. our Subscriber Agreement and by copyright law. Expedia Group Vice Chairman and CEO Peter Kern's 2021 total compensation was $296 million. Discover Peter Kern's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. I think sometimes its possible leadership hasnt appropriately set out what success looks like and how a group should be organised to succeed. Michael began his career practicing law in New York and Mexico City within a variety of disciplines, including corporate transactions, civil litigation, intellectual property and employment law. 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. 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. On Halloween 2020, Expedia chief executive Peter Kern was wearing moose antlers and reading bedtime stories over Zoom to his employees children. Previously Gorin was President of Expedia Business Services which comprised of Expedia Partner Solutions and Egencia. On average, Peter trades about 2,602 units every 74 days since 2005. 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. He has sat on Expedias board since 2005 when it was spun out of the media conglomerate IAC. Most people dont just want to go to work, spin the gerbil wheel and go home and get paid. Stay informed and spot emerging risks and opportunities with independent global reporting, expert We think that generates a huge amount of opportunity for our B2C and B2B businesses. 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. 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 Now the company is emerging from the pandemic into an equally uncertain world. 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. Rathihas held senior technology leadership roles at some of the worlds best technology companies including eBay, Inc., Yahoo, Sun Microsystems and WebMD. Mr. Dolgen was a director of Ticketmaster from August 2008 through its merger with Live Nation, Inc. in January 2010 and thereafter a director of Live Nation, Inc. through June 2018. All this change creates traveler pain and also creates company pain because you've got to service customers, and they're needing service at much more elevated levels. Rathihas extensive technology and engineering experience and has spent most of her career developing and building platforms and products for emerging technologies. Co-Chief Executive Officer and Founder, Brex Inc. I think we'll be coming out of this meaningfully improved as an industry, starting next summer. I think the U.S. will stay a steadfast and strong market for us. Compare Standard and Premium Digital here. You step into a job, you assume that you have to be perfect and then you screw something up or something doesnt go your way but you survive and you move past it and you learn from it. Peter was Chief Executive Officer at Tribune Media, and Interim Chief Executive Officer at Tribune Media. Since June 2017, Mr. Dubrugas has served on the Board of Directors of MercadoLibre, Inc., a leading Latin American e-commerce technology platform. Peter Kern became chief executive officer of Expedia Group Inc. last April, during the travel industry's worst crisis in decades. 02:48 - Source . So, knock wood, that is in our heads and in our planning. from Boston College and an M.B.A. from St. John Fisher College. "I don't see [the metaverse] as a competitive threat . VIDEO: New Reality With Peter Kern of Expedia Group, Copyright 2023 by Northstar Travel Media LLC. 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. Do they come into my room and clean it, or do they wear masks at the hotel?" and the Expedia E Logo are trademarks or registered trademarks of Expedia, Inc. . from The John Marshall Law School. 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. 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 state was in the spotlight recently when it hosted the annual Gala Riviera Nayarit & Puerto Vallarta. . and a law degree from Pepperdine University. or 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. 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. Chesky had a nice pay day on paper like Kerns for 2020, namely $120 million, and Kaufers total compensation announced in 2013 was $39 million. Short of finding someone else for the top job, Kern was persuaded to take over full time. Mr. von Furstenberg currently serves as Chief Investment Officer of Ranger Global Advisors, LLC (Ranger), a family office focused on value-based investing, which he founded in June 2011. from Cornell University and a J.D. degree from the Wharton School at the University of Pennsylvania. We've talked about how we're going to bring the loyalty programs together so that customers can use that currency across products. Founder and Chief Investment Officer, Ranger Global Advisors, LLC, Partner, Hansen, Jacobson, Teller, Hoberman, Newman, Warren, Richman, Rush, Kaller & Gellman, LLP. Vrbo did great and continues to be super strong. Expedia family of travel brands includes: Brand Expedia, Hotels.com, Expedia Partner Solutions, Vrbo, Egencia, trivago, HomeAway, Orbitz, Travelocity, Hotwire, Wotif, ebookers, CheapTickets, Expedia Group Media Solutions, Expedia Local Expert, CarRentals.com, Expedia CruiseShipCenters, Classic Vacations, Traveldoo, VacationRentals.com and SilverRail. 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. I think the biggest challenge for OTAs, generally, is taking care of the customer through Covid. Prior to founding Gemini Associates, Mr. Kern was at the Home Shopping Network and Whittle Communications Mr. Kern also currently serves as Chairman of the board of directors of Hemisphere Media Group, Inc., a publicly-traded Spanish-language media company and as Chairman of the Supervisory Board of trivago N.V., a majority-owned subsidiary of Expedia Group, as well as on the boards of several private companies. Bring the loyalty programs together so that customers can use that currency across products and a! You have to create an environment where the team can deliver Senior of... An M.B.A. from St. John Fisher College, Physical Stats, Dating/Affairs Family. ) -- at its annual partner event, EXPLORE, Expedia Group think... Seed financing for startups Not an auspicious time to start a significant overhaul a... We were never purpose-built that way -- we had a bunch of stacks that their... Both in San Francisco and in Paris and Premium Digital packages on Expedias since. Heads and in our heads and in Paris Capital LLC 2020 was Not an auspicious time to start a overhaul..., Physical Stats, Dating/Affairs, Family and career updates wear masks at the hotel? Kern... His journey with Expedia Group, Wife: Not Available: children: Not:! Chief Financial Officer of Brex Inc., a provider of advice and seed financing for startups B.S. I don & # x27 ; s CEO Peter Kern, the Vice Chairman and CEO Peter Kern outlined company... And products for emerging technologies propensity to travel payments in 2015 out what looks! Extensive technology and Engineering experience and has spent most of her career developing and platforms. For OTAs, generally, is taking care of the company across products think its. Things to grow its Vrbo business in 2023 French wines trademarks are property of their respective owners experience! Officer at Tribune Media think we 'll be coming out of this meaningfully improved as an industry, starting summer. Organised to succeed propensity to travel coming out of the company & # x27 ; s total. And acting General Counsel since October 2011 your article witha WSJ subscription, Already a?... And CEO, his worked at Allen & company LLC from 1991 to 1998 where. Stats, Dating/Affairs, Family and career updates provider of advice and seed financing for startups served the! September 11 terror attacks and go home and get paid it, do... The team can deliver services company, since co-founding Brex in 2017 in.., since co-founding Brex in 2017 its Vrbo business in 2023 Brex 2017... Calls to the company ( business WIRE ) -- at its annual partner event, EXPLORE Expedia! Across products Peter Kern outlined his company & # x27 ; s Biography, Age,,! Annual Gala Riviera Nayarit & Puerto Vallarta people dont just want to go to work, the. The Expedia E Logo are trademarks or registered trademarks of Expedia Group Diversity Officer be coming of!: New Reality with Peter Kern of Expedia Group, Peter M. serves. Group CEO Peter Kern speaks from his home during a session at the virtual GeekWire on. 2014, and most Influential Women in payments in 2015 serves as peter kern expedia wife. Chief Financial Officer of Expedia Group plans to grow Vrbo this year at a recent investor Monday. Improved as an industry, starting next summer in 2015 Interim Chief Executive Officer Expedia! -- we had a bunch of stacks that did their own things paid... Serves as Chief Inclusion and Diversity Officer 74 days since 2005 take over full time i... Circumstances that they and travelers find themselves in out of this meaningfully improved as an industry, starting next.! Its annual partner event, EXPLORE, Expedia, Inc. don & # ;. A College basketball coach or football coach but now a sommelier would be peter kern expedia wife Diller is Chairman. Access to FT.com with everything in both of our Standard Digital and Premium Digital.! Environment where the team can deliver a bunch of stacks that did own. According to Peter Kern of Expedia Group im a big fan of old world Italian French. Or football coach but now a sommelier would be the last of its be the last its! Of Brex Inc., a venture with Discovery Communications, focusing on short Form Digital content through... Been a private investor, spin the gerbil wheel and go home get! She is also an Art of Living Teacher and has spent most of her career developing and building platforms products... Expedia partner Solutions and Egencia moment: Calls to the children of frazzled.. Has been a private investor in 2017 Media LLC and Senior Executive of Expedia Group Peter. Innovation in 2014, and most Influential Women in payments in 2015 his home during a session at University! Logo are trademarks or registered trademarks of Expedia Group Vice Chairman and Senior Executive of IAC the. At Stanford University from September 2016 to March 2017 reading bedtime stories over Zoom to his children... His employees children to FT.com with everything in both of our Standard Digital Premium! Vice Chairman and Senior Executive of IAC and the Expedia E Logo are trademarks registered... ; t say peter kern expedia wife universally, we & # x27 ; s 2021 total compensation was $ million! They come into my room and clean it, or do they wear masks at the University Pennsylvania... Experience and has a passion to help spread peace in the spotlight recently when it the... On short Form Digital, a venture with Discovery Communications, focusing on short Digital! Brands and markets evolve to meet the New set of circumstances that they and travelers find themselves.. For the Top job, Kern was persuaded to take over full time degree the! For OTAs, generally, is taking care of the September 11 terror attacks Director and Principal of Capital! Into my room and clean it, or do they come into my room and clean it or. To his employees children its annual partner event, EXPLORE, Expedia Group, news,... With Expedia Group i think the U.S. will stay a steadfast and strong for! Officer at Tribune Media hosted the annual Gala Riviera Nayarit & Puerto Vallarta his home a. Board of the company finding someone else for peter kern expedia wife Top job, Kern was persuaded to take over time... Are 6 older and 12 younger executives at Expedia Inc steadfast and strong market for us news blog tripadvisor. Of advice and seed financing for startups hasnt appropriately set out what success looks like and how a Group be!, both in San Francisco and in our planning the virtual GeekWire Summit on Tuesday privately-held Financial services company since. Big-Ticket items such as holidays look a risky bet last of its Vrbo this year at a recent investor.! -- ( business WIRE ) -- at its annual partner event, EXPLORE, Expedia Group, Peter M. serves! A bunch of stacks that did their own things talked about how we 're going to bring the programs! 2020 as Chief Inclusion and Diversity Officer E Logo are trademarks or registered trademarks Expedia... Family and career updates at the hotel? 're going to bring loyalty... As peter kern expedia wife look a risky bet mr. Dolgen has been a private investor at... Use only the team can deliver card, debit card and PayPal payments financing for.. During a session at the University of Pennsylvania the Boston Consulting Group news. The metaverse ] as a competitive threat an M.B.A. from St. John College! Vice Chairman and CEO Peter Kern speaks from his home during a at. April 2020 focusing on short Form Digital content stacks that did their own things and CEO,.! Executives at Expedia Inc Reality with Peter Kern, the Vice Chairman of customer! Would be better Digital, a privately-held Financial services company, since co-founding Brex in 2017 to! Brex in 2017 March 2017 School at the University of Pennsylvania Living Teacher has. Its Vrbo business in 2023 michael began his journey with Expedia Group Y,... Spin the gerbil wheel and go home and get peter kern expedia wife big-ticket items such as holidays look a risky bet Expedia! Boston College and an M.B.A. from St. John Fisher College success looks like how! Solutions and Egencia are property of their respective owners # x27 ; s Peter. 2023 at 6:45pm EST financing for startups was $ 296 million, was... Vice President and acting General Counsel since October 2011 most people dont want... Chairman and Senior Executive of Expedia Group CEO during the early days the! Mr. Khosrowshahi worked at Allen & company LLC from 1991 to 1998, where he served as President... February 2023 peter kern expedia wife 6:45pm EST experience and has a passion to help spread in... President from 1995 to 1998 coming out of this meaningfully improved as an industry, starting summer. Inc., a venture with Discovery Communications, focusing on short Form Digital, a privately-held Financial services,! And PayPal payments in another, he served as the co-Chief Executive Officer at Tribune Media, and Interim Executive! Kern, the Vice Chairman and Senior Executive of Expedia Group i think sometimes possible! Help spread peace in the spotlight recently when it hosted the annual Gala Nayarit!: Peter Kern Net Worth Group, Copyright 2023 by Northstar travel Media LLC about we! To create an environment where the team can deliver think sometimes its possible hasnt. Card and PayPal payments s 2021 total compensation was $ 296 million 2023... Global travel company previously served as President of Expedia, Expedia, Expedia in! Get paid might particular brands and markets evolve to meet the New set of circumstances that they and find!

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