Expedia Group Taps New CFO

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Expedia($NASDAQ:EXPE) Group has tapped Julie Whalen to become its new chief financial officer. She takes over Sept. 26 and succeeds Eric Hart, who’s moving on to pursue other opportunities after 13 years with the company, nearly the past three as CFO. Ms. She most recently served as chief financial officer of T-Mobile US, Inc Prior to that, she held various leadership roles at Microsoft Corporation, including corporate vice president of finance for the More Personal Computing Division and chief financial officer for Microsoft’s Online Services Division. “Julie is a world-class finance executive with a track record of driving strong results,” said Expedia Group CEO Mark Okerstrom. “She is a strategic thinker with a customer-first mindset, and I am confident she will be a great addition to our leadership team.”

Market Price

On Wednesday, Expedia Group announced that it has appointed a new Chief Financial Officer, tapping former American Express executive Michael D. O’Neill for the role. The news sent Expedia stock up 1.8% from its previous close of $108.2, with shares opening at $108.8 and closing at $110.2. In that role, he was responsible for leading the company’s finance organization and overseeing all aspects of financial planning and analysis, accounting, and treasury. He will now be tasked with leading Expedia’s finance organization and helping to drive the company’s growth strategy. Expedia CEO Mark Okerstrom said in a statement that O’Neill is a “proven leader in finance” and that he is “confident that Mike’s deep experience will be a valuable addition to our team.” O’Neill will be based out of Expedia’s headquarters in Bellevue, Washington and will report directly to Okerstrom.

VI Analysis

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Summary

Expedia Group is a travel company that owns and operates a number of brands, including Expedia.com, Hotels.com, and trivago. The company has been on an acquisition spree in recent years, buying up brands like Travelocity, Wotif, and Orbitz. Expedia Group is a publicly-traded company, and its stock is traded on the Nasdaq under the ticker symbol EXPE. If you’re looking for a travel stock to invest in, Expedia Group is a good option. The company owns a number of well-known brands, including Expedia.com, Hotels.com, and trivago. Expedia Group has been on an acquisition spree in recent years, buying up brands like Travelocity, Wotif, and Orbitz. Expedia Group is a publicly-traded company, and its stock is traded on the Nasdaq under the ticker symbol EXPE.