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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. Its most akin to how I see my challenge at Expedia. Where are the biggest pressure points in their businesses and the wider industry that might still emerge? 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. series is Peter Kern, CEO and vice chairman at Expedia Group, one of the world's largest online travel companies. The state was in the spotlight recently when it hosted the annual Gala Riviera Nayarit & Puerto Vallarta. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. He argues that in western countries, Covid prompted both a savings boom and wave of spending on material goods while restaurants, hotels and airlines were shut down. 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. Mr. Kern has served on the Board of Directors of Tribune Media Company since October 2016, where he currently also serves as Chief Executive Officer, as Chairman of the Board of Directors of Hemisphere Media Group, Inc., a publicly-traded Spanish-language media company, since April 2013, and since 2016, as a member of Supervisory Board of trivago N.V., a majority-owned subsidiary of Expedia Group. We're treating [Expedia Group] as a house of brands as opposed to discrete businesses that basically compete with one another. Prior to his tenure as Chief Executive Officer of IAC Travel, Mr. Khosrowshahi served as Executive Vice President and Chief Financial Officer of IAC from January 2002 to January 2005, as IACs Executive Vice President, Operations and Strategic Planning, from July 2000 to January 2002 and as President, USA Networks Interactive, a division of IAC, from 1999 to 2000. 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. Any changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel. from Stanford, an MPH from Columbias Mailman School of Public Health and both an MPhil and a Doctorate in International Relations from Oxford University. Ms. Clinton also currently serves on the Board of Directors of IAC, The School of American Ballet, Clover Health and Nurx Inc.; the Board of Overseers of the Weill Cornell Medical College and the Columbia University Mailman School of Public Health; the Board of Trustees of the Africa Center; and as Co-Chair of the Advisory Board of the Of Many Institute at New York University. From February 2014 through March 2019, he served as President of Y Combinator, a provider of advice and seed financing for startups. 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. Earlier in his career, Mr. Altman co-founded Loopt, Inc., a provider of mobile location-based services, and served as its Chief Executive Officer until it was acquired by Green Dot Corporation in March 2012, after which he held a number of senior executive positions at Green Dot, including Executive Vice President, Mobile Products and Technology, through December 2013, and served as a member of its Board of Directors from March 2013 through April 2016. The bedtime stories were his wifes idea, he admits on our call. Prior to assuming this role, Ms. Clinton served as a member of the Board of Directors of the Clinton Foundation from September 2011. All Rights Reserved. Before joining Expedia Group, Gieselman served as Vice President of Marketing for Services at Apple, Inc., where he was responsible for the global marketing and sales functions for all Apple Services including businesses like the App Store, Apple Music, Apple News, Apple TV+ and Apple Card. 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Presents at Goldman Sachs Communacopia + Technology Conference 2022, Sep-13-2022 10:00 AM. Most people dont just want to go to work, spin the gerbil wheel and go home and get paid. Expedia Group CEO Peter Kern. We had this moment where the U.S. opened, and now it's a little clumsy again. Link Copied! feel like they are making a difference, he explains. Peter Kern became chief executive officer of Expedia Group Inc. last April, during the travel industrys worst crisis in decades. It also doesn't create waste and may help fight the climate crisis. The group is also taking a new direction. Prior to Expedia Group, Ms. Whalen served as EVP and CFO at Williams-Sonoma, Inc. for more than ten years, having progressed through positions of increasing responsibility in Williams-Sonomas finance organization since joining in 2001. Her expertise lies in her ability to manage engineering teams and drive change. 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. Previously, Mr. Kern was . It was certainly not my idea or [Dillers] that it would be me, he notes. Over the last 18 years, insiders at Expedia Inc have traded over $84,258,203 worth of Expedia Inc stock and bought 812,255 units worth $52,634,804 Since July 2004, Mr. Dolgen has been a private investor. 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. Mr. von Furstenberg has served as a member of the Board of Directors of IAC since 2008, Liberty Expedia Holdings since November 2016, La Scogliera, an Italian financial holding company, since December 2016 and served as a member of the board of directors of W.P. 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. degree from the Wharton School at the University of Pennsylvania. Most recently he exercised 1,585 units of EXPE stock worth $172,717 on 15 February 2023. Check if your Mr. In February 2020, Kern oversaw 3,000 redundancies about 12 per cent of Expedias headcount and streamlined the sprawling group, which had accumulated an array of brands including Trivago and Hotels.com. Mr. Jacobson has been a director of Expedia Group since December 2007. In some he read bedtime stories to the children of frazzled staff. 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. Expedia is planning for a boom in travel as more people get vaccinated. Expedia Group Vice Chairman and CEO Peter Kerns 2021 total compensation was $296 million. Expedia, Expedia Group, New Reality With is brought to you by Salesforce. As the Chief Executive Officer and Vice Chairman of the Board of Expedia Inc, the total compensation of Peter Kern at Expedia Inc is $1,924,500. Gorin received an MBA from the Kellogg Graduate School of Management, Northwestern University and a BA in economics from the University of California at Berkeley. Expedia Group helps knock down the barriers to travel, making it easier, more enjoyable, more attainable and more accessible. The stock and option awards represent the fair value at the grant date, and wont necessarily be the actual value when the awards vest. Now the company is emerging from the pandemic into an equally uncertain world. Since 2001, he has acted as Chief Investment Officer of Arrow Investments, Inc., the private investment office that serves his family. While at American Express,Rathiwas named Top Woman in Cloud Innovation in 2014, and Most Influential Women in Payments in 2015. Rathialso currently sits on the board of directors for PagerDuty. Mr. Khosrowshahi served as the Chief Executive Officer of IAC Travel, a division of IAC, from January 2005 to the IAC/Expedia Group Spin-Off date. Ms. Whalen began her career in public accounting with KPMG Peat Marwick. The more you scale the more true that is, you cant be everywhere. Expedia leverages its platform and technology capabilities across an extensive portfolio of businesses and brands to orchestrate the movement of people and the delivery of travel experiences on both a local and global basis. 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. Recognized as a transformative technology executive,Rathioversaw Verizon Medias global technology strategy, leading the companys continued innovations in 5G while also managing the platform technology and infrastructure. The estimated Net Worth of Peter M Kern is at least $2.1 Million dollars as of 15 February 2023. No matter how smart you are you cant scale IQ points. Kern translates this into the words of Lionel Richie, his favourite judge from the television show American Idol: There is no losing. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for 65 per month. Short of finding someone else for the top job, Kern was persuaded to take over full time. As president of Expedia for Business, Ariane Gorin is responsible for Expedia Groups global B2B business covering an ecosystem of travel suppliers, organizations that advertise on the Expedia Group platform, and partners that are powered by Expedia Group technology. But, like the ebb and flow of omicron, some countries put up restrictions, others change the rules, and the traveler thinks, "What does it mean to me, can I cancel, can I not?" Barry Diller is the Chairman and Senior Executive of IAC and the Chairman and Senior Executive of Expedia Group. 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. It certainly takes a certain amount energy, but our bigger objectives have been around finally building the one technology platform that crosses all our brands and all our partner activities. I like to take on elements and traits that fit me from the different leaders I respect. . Ms. Menendez Cambo has served as Deputy General Counsel of SoftBank Group International and General Counsel of the SoftBank Latin America Fund since May 1, 2019 and General Counsel of the SoftBank Opportunity Fund since July 2020. 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. Mr. Diller held the positions of Chairman of the Board and Chief Executive Officer of IAC and its predecessors since August 1995 and ceased serving as Chief Executive Officer in November 2010. But Europe will be the next-best market for us after the U.S., and after that, Latin America, then Asia-Pacific. Prior to Expedia he headed up Tribune Media, one of the USs largest broadcasters until its merger with Nexstar Media Group in 2018, and although his prior knowledge of consumer and technology brands has no doubt helped, Kern says his key asset is that he hires people who are far better than me at everything. Since joining the Company as Assistant General Counsel in April 2006 and through his service as Vice President and Associate General Counsel between February 2007 and October 2011, Mr. Dzielak held primary responsibility for the worldwide litigation portfolio of the Company and its brands. Expedia Travel giant Expedia pays as much as $267,000 in base pay, before bonuses and stock awards, according to data the company disclosed when applying for H-1B. Vice Chairman and Chief Executive Officer. from Boston College and an M.B.A. from St. John Fisher College. They want to. Domestic was tremendously strong for us. Most had their own marketing teams, for example, meaning the replication of work across the business. Prior to joining InterMedia, Mr. Kern was Senior Managing Director and Principal of Alpine Capital LLC. One of the companys new values is Choose Fearlessly. He currently serves on the Board of Directors of all three companies and as Chairman of Helion and Oklo. You can see the complete history of Mr. Kern stock trades at the bottom of the page. Prior to. That its OK to make mistakes. How have company chiefs dealt with the coronavirus outbreak? 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. If we chased every endpoint, we were going to make it too complex to build the core that we needed. RathiMurthy is CTO and President of Expedia Product & Technology, which includes overseeing the companys product and platform strategy. Premium access for businesses and educational institutions. Ms. Whalen also serves on Expedia Groups Board of Directors, a position she has held since 2019. So, knock wood, that is in our heads and in our planning. 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. Expedias rival Booking.com had higher profits and half the fixed cost base. It was a precarious moment: Calls to the companys call centers had surged 500% as consumers canceled flights and hotel rooms. Peter Kern, CEO of Expedia Group. 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. We've talked about how we're going to bring the loyalty programs together so that customers can use that currency across products. Prior to BECU, Beverly most recently served as President of Global Consumer Solutions at Equifax, leading a team of 2,000 employees across product, marketing, and operations for the consumer credit reporting agency in the United States, Canada, and the United Kingdom. She is also a Certified Public Accountant and holds both a B.S. Peter Kern Vice Chairman and Chief Executive Officer 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. Leisure has, weirdly, started to replace business in the front of the plane. 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. Fri, Feb 10 202311:47 AM EST. I was very good at putting my own sons to sleep that way.. The next guest on theNew Reality Withseries is Peter Kern, CEO and vice chairman at Expedia Group, one of the world's largest online travel companies. Mr. Khosrowshahi worked at Allen & Company LLC from 1991 to 1998, where he served as Vice President from 1995 to 1998. Ms. Clinton has also served as a member of the Board of Directors of the Clinton Health Access Initiative since September 2011. So, for every loser, we have a winner or, hopefully, two winners. Everyone has bought enough stuff, he says. I knew how to deal with all the investors. Oceania further cements itself as a cruise line for foodies, bestowing the honor of Vista godmother on the celebrity chef and Tourism officials and suppliers say that the impact of the crisis on vacationing visitors has been minimal, if not nonexistent. 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. Mr. Diller has been the Chairman and Senior Executive of Expedia Group since the completion of the Companys spin-off from IAC/InterActiveCorp (IAC) on August 9, 2005 (the IAC/Expedia Group Spin-Off). Michael co-founded the National Latina/o Law Students Conference and is an advocate for the underrepresented, volunteering his personal time to advise those in need on immigration rights and social and racial justice issues. In addition to the philanthropic work accomplished through his position as a director of The Diller-von Furstenberg Family Foundation, Mr. von Furstenberg also serves on the Board of Directors of Friends of the High Line. degree from the Wharton School at the University of Pennsylvania. Rathihas extensive technology and engineering experience and has spent most of her career developing and building platforms and products for emerging technologies. degree from the Wharton School at the University of Pennsylvania. Expedia, Inc., an Expedia Group company. 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. Financier Fan Bao, who went missing last month, has been detained by authorities in mainland China in connection with the investigation of a former senior executive at the investment bank he founded. One of his methods was sending out semi-regular videos from his wood-clad Seattle home. Email*. 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. Mr. Kern served on the board of directors of Tribune Media Company from October 2016 through the completion of Tribune Medias merger with Nextstar Media Group, Inc. in September 2019, and served as Tribune Medias Chief Executive Officer from March 2017 through September 2019. 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Peter Kern is 52, he's been the Chief Executive Officer and Vice Chairman of the Board of Expedia Inc since 2020. 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. He started out on the finance side of business, first meeting Diller when he headed up the finance department at the TV station Home Shopping Network. Im famously good at putting babies to sleep because of my grumbly voice, the Seattle-based travel boss says as we embark on a Zoom call to discuss his leadership strategies some 18 months later. One month later, Covid hit the US and Europe and the travel industry came to a standstill. Mr. Kern served on the board of directors of Tribune Media Company from October 2016 through the completion of Tribune Medias merger with Nextstar Media Group, Inc. in September 2019, and served as Tribune Medias Chief Executive Officer from March 2017 through September 2019. She currently serves as an advisor to LiveSafe, Inc. Ms. Clinton holds a B.A. . On average, Peter trades about 2,602 units every 74 days since 2005. Mr. Kern is a Managing Partner of InterMedia Partners VII, LP, a private equity firm. Simply log into Settings & Account and select "Cancel" on the right-hand side. series is Peter Kern, CEO and. The most active insiders traders include Group, Inc. We're also pushing on the brand front. From March 2010 through May 2013, Ms. Clinton served as an Assistant Vice Provost at New York University, where she focused on interfaith initiatives and the universitys Global Expansion Program. 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Peter M Kern, Expedia Group Inc: Profile and Biography - Bloomberg Markets Bloomberg TV+ Bloomberg Surveillance Bloomberg Surveillance with Tom Keene, Jonathan Ferro & Lisa Abramowicz. We use I think sometimes its possible leadership hasnt appropriately set out what success looks like and how a group should be organised to succeed. 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. 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. We all try to do our best to take care of the traveler, and I hope the industry will take this as a moment to say, "What can we do better and in a more collaborative way to make the traveler experience better, from the provider to OTAs to whomever?" Mr. Dzielak had previously served as Senior Vice President and acting General Counsel since October 2011. analyse how our Sites are used. 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. . Expedia Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Gorin joined Expedia Group in 2013 as Vice President of Market Management for EMEA and rapidly expanded the hotel network in the region. All the data shows that. If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. Peter Kern, Expedia Group I think the U.S. will stay a steadfast and strong market for us. Peter M. Kern serves as Chief Executive Officer, Vice Chairman of the Board of the Company. Kern has needed a measure of calm throughout the two years he has been Expedias chief executive. In this role he transformed the organization from a traditional brand marketing skill set to a sophisticated direct and digital marketing group, contributing to explosive subscriber and revenue growth in five years. Since June 2017, Mr. Dubrugas has served on the Board of Directors of MercadoLibre, Inc., a leading Latin American e-commerce technology platform. 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. 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. Bloomberg: Balance of Power focuses on the politics and policiesbeing shaped by the agenda of President Biden's administration. Crystal Tse. Prior to joining InterMedia, he was Senior Managing Director and Principal of Alpine Capital LLC. The next guest on the New Reality With. Mr. Jacobson also founded Whisper Advisors, a boutique investment banking/advisory company. Ms. Banerjee has served as Chief Financial Officer of JBG Smith Properties (JBGS), a NYSE-listed real estate investment trust, since December 2020. How we 're going to make it too complex to build the core that we needed how have chiefs! 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Network in the spotlight recently when it hosted the annual Gala Riviera Nayarit & Puerto.. Finding someone else for the Top job, Kern was Senior Managing Director and Principal of Alpine Capital.... To discrete businesses that basically compete with one another television show American:... Dont just want to go to work, spin the gerbil wheel and go home and get paid Nayarit Puerto. Hotel rooms that fit me from the Wharton School at the University of Pennsylvania were... The Top job, Kern was persuaded to take over full time,! Or [ Dillers ] that it would be me, he served as a member of the company emerging. Held since 2019 premium digital monthly subscription plan and retain complete access for 65 per month and! And drive change in her ability to manage engineering teams and drive change, meaning the replication of work the..., which includes overseeing the companys New values is Choose Fearlessly scale IQ points the company Managing Partner of Partners! Core that we needed a boom in travel as more people get vaccinated traders include Group, Inc. the... Were going to make it too complex to build the core that we needed $ 2.1 million as!

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