Booking Holdings Appoints Ewout Steenbergen, Former S&P Global Exec, as New CFO

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Steenbergen joins Booking Holdings ($NASDAQ:BKNG) from S&P Global, a leader in providing independent credit ratings, research, and analytics. In his previous role at S&P Global, Steenbergen served as the company’s Chief Financial Officer & EVP Finance. Booking Holdings is the world’s largest online travel company whose brands include Booking.com, Agoda.com, Priceline.com, Kayak.com, and OpenTable. The company’s mission is to make it easier for everyone to experience the world by providing access to the widest selection of travel experiences at the best prices. Booking Holdings’ portfolio of brands offer travelers a wide choice of alternative accommodation options, car rental companies, airlines, and activities. The company is committed to delivering a superior customer experience and excellent customer service.

As the new CFO of Booking Holdings, Steenbergen brings a wealth of experience and expertise to the position. At S&P Global, Steenbergen was responsible for leading the company’s finance team, as well as setting and executing the overall financial strategy. Prior to S&P Global, he served in various financial leadership roles at Royal Philips Electronics, including Vice President of Mergers & Acquisitions and Corporate Finance. The appointment of Steenbergen as Booking Holdings’ new CFO demonstrates the company’s commitment to furthering its financial leadership and growth. With Steenbergen’s expertise and knowledge guiding the company’s strategies, Booking Holdings is well positioned to deliver on its mission and strengthen its position in the digital travel industry.

Share Price

On Wednesday, Booking Holdings Inc., owner of the world’s leading online travel brands, announced the appointment of Ewout Steenbergen, former S&P Global executive, as its new Chief Financial Officer. The news saw BOOKING HOLDINGS stock perform favorably on the stock market, with share prices opening at $3414.2 and closing at $3424.2, representing an increase of 0.6% from its previous closing price of $3402.5. The appointment of Ewout Steenbergen as CFO is seen as a win for Booking Holdings, owing to his extensive experience in the financial technology and services sector. In his new role at Booking Holdings, Steenbergen will continue to leverage his experience to contribute to the success of the company. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Booking Holdings. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Booking Holdings. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Booking Holdings. More…

Key Ratios Snapshot

Some of the financial key ratios for Booking Holdings are shown below. More…

Analysis

GoodWhale recently did an analysis of BOOKING HOLDINGS‘s wellbeing, which we present in our Star Chart. The Star Chart shows that BOOKING HOLDINGS is strong in growth and profitability, while weak in assets and dividends. Our analysis also yields a high health score of 8/10 for BOOKING HOLDINGS based on its cashflows and debt, indicating it is capable to pay off debt and fund future operations. From the data, we classify BOOKING HOLDINGS as a ‘gorilla’, a type of company we conclude that achieved stable and high revenue or earning growth due to its strong competitive advantage. With this insight, investors who are looking for long-term growth potential may find the BOOKING HOLDINGS to be an attractive option. More…

Peers

Booking Holdings Inc, Expedia Group Inc, Ezfly International Travel Agent Co Ltd, and Adventure Inc are all travel companies that compete for customers. They all offer different services, but they all aim to make booking travel easier and more convenient for customers.

– Expedia Group Inc ($NASDAQ:EXPE)

Expedia Group is an online travel company that owns and operates a portfolio of travel brands. Its brands include Expedia.com, Hotels.com, trivago, HomeAway, Orbitz, Travelocity, Wotif, lastminute.com.au, and eLong. The company offers a one-stop travel booking experience to its customers. It enables customers to compare prices and book travel services from a single platform.

– Ezfly International Travel Agent Co Ltd ($TPEX:2734)

Ezfly International Travel Agent Co Ltd is a travel company based in Taiwan. The company offers a variety of travel services, including flight tickets, hotel reservations, and tour packages. Ezfly International Travel Agent Co Ltd has a market cap of 912.87M as of 2022, a Return on Equity of -19.32%. The company has been negatively impacted by the COVID-19 pandemic, as travel restrictions have prevented customers from using its services. Ezfly International Travel Agent Co Ltd is working to adapt its business model in order to survive the pandemic and continue operating in the future.

– Adventure Inc ($TSE:6030)

Adventure Inc. is a publicly traded company with a market capitalization of $85.43 billion as of 2022. The company’s return on equity is 13.93%. Adventure Inc. operates in the adventure travel industry, providing travelers with unique and immersive experiences. The company has a strong focus on customer service and safety, and has been recognized as a leader in the industry. Adventure Inc. offers a variety of travel products and services, including adventure tours, safaris, and cruise vacations.

Summary

Booking Holdings, formerly known as Priceline Group, has recently appointed Ewout Steenbergen, a former S&P Global executive, as its new Chief Financial Officer. Investors are looking forward to the potential of Steenbergen’s knowledge and vision to further the growth of the company. With Steenbergen at the helm, investors are hoping to see further improvements in the company’s financial performance and strategic initiatives. Analysts are expecting the company to continue to improve its profitability and expand its product offerings.

Additionally, Booking Holdings has a strong focus on innovation, which could lead to further success in the future.