. Expedia Group CEO, Peter Kern on stage at EXPLORE 22 (Photo: Business Wire) May 04, 2022 04:15 PM Eastern Daylight Time. offers FT membership to read for free. Expedia is planning for a boom in travel as more people get vaccinated. One of his methods was sending out semi-regular videos from his wood-clad Seattle home. We were never purpose-built that way -- we had a bunch of stacks that did their own things. 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. Mr. Dolgen began his career in the entertainment industry in 1976 and, until joining the Viacom Entertainment Group, served in a variety of executive positions at Columbia Pictures Industries, Inc., Twentieth Century Fox and Fox, Inc., and Sony Pictures Entertainment. 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. Prior to assuming this role, Ms. Clinton served as a member of the Board of Directors of the Clinton Foundation from September 2011. Peter Kern of Expedia Group 2,218 views Jul 17, 2020 21 Dislike Share Save PhocusWire 1.42K subscribers #coronavirus The next guest on the New Reality With. I think we'll be coming out of this meaningfully improved as an industry, starting next summer. From moonshots to vaccines, Washingtons efforts to boost specific industries work best with focused goals. Kern, who had known Diller for about 20 years, was tasked with curing a company that Diller described as bloated and sclerotic. Prior to joining Expedia Group, Mr. Dzielak was a partner at the law firm of Preston, Gates and Ellis, LLP (now K&L Gates LLP), where his practice focused on commercial and intellectual property litigation. According to Peter Kern, the vice chairman and CEO, his . 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. Founder and Chief Investment Officer, Ranger Global Advisors, LLC, Partner, Hansen, Jacobson, Teller, Hoberman, Newman, Warren, Richman, Rush, Kaller & Gellman, LLP. Rathihas extensive technology and engineering experience and has spent most of her career developing and building platforms and products for emerging technologies. On top of that, environmental concerns and remote working have caused companies to cut travel budgets. Change the plan you will roll onto at any time during your trial by visiting the Settings & Account section. Expedia Group CEO Peter Kern speaks from his home during a session at the virtual GeekWire Summit on Tuesday. All Rights Reserved. Wife: Not Available: Sibling: Not Available: Children: Not Available : Peter Kern Net Worth. 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. Peter Kern became chief executive officer of Expedia Group Inc. last April, during the travel industry's worst crisis in decades. 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. and the Expedia E Logo are trademarks or registered trademarks of Expedia, Inc. degree from the Wharton School at the University of Pennsylvania. Expedia Group in 2021 awarded vice chairman and CEO Peter Kern a $296 million compensation package, outpacing all his peers by an order of magnitude, and reportedly making him the third-highest . Check if your Prior to joining InterMedia, Mr. Kern was Senior Managing Director and Principal of Alpine Capital LLC. Mr. Kern holds a B.S. Mr. Altman has also been the General Partner of Hydrazine Capital, an early-stage venture capital firm, since April 2012. Most people dont just want to go to work, spin the gerbil wheel and go home and get paid. 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. His Broadway credits include To Kill A Mockingbird; The Iceman Cometh; Carousel; Three Tall Women; A Dolls House, Part 2; The Humans; and Betrayal. Last updated: 17 February 2023 at 6:45pm EST. 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. Gieselman holds a B.A. Expedia Group plans to do at least three things to grow its Vrbo business in 2023. . You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. Important questions for industry leaders to address in troubled times for one of the biggest business sectors in the world. Most recently, Michael served as Senior Vice President of Human Resources and Chief Labor & Employment Counsel at Tribune Media Company, where he led all Human Resources functions including benefits, compensation, talent acquisition, HRIS, learning & development, as well as diversity and inclusion efforts. Match, Barry Diller, and Interactive Corp Liberty. Expedia, the biggest player in international and big city travel, relies heavily on families looking to book hotels, flights and car rentals. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for 65 per month. From hotels and vacation rentals to airlines, financial institutions, travels agents and more - this fast-growing division helps partners connect with new travelers, deliver valuable services, and drive performance. cookies Ms. Clinton also teaches at the Columbia University Mailman School of Public Health. 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 Partner at InterMedia Partners VII LP. Solugen Bio has built a chemical plant that produces all manner of chemical-based products using bio-based feedstock instead of fossil fuels. Kern is in Las Vegas this week to publicly launch a fresh strategy: to focus more on offering its technology and marketing heft to other travel companies than being an online travel booking site with multiple brands. Before joining Fox, Mr. Diller served for 10 years as the Chairman and Chief Executive of Paramount Pictures Corporation. 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. from Stanford, an MPH from Columbias Mailman School of Public Health and both an MPhil and a Doctorate in International Relations from Oxford University. Expedia Group CEO Peter Kern. Mr. Jacobson is a member of the Board of Directors of Charter Communications, Inc., Tribune Media Company, Oaktree Specialty Lending Corporation and Oaktree Strategic Income Corporation. Peter Kern was born on 13 February, 1949 in Vienna, Austria, is an Actor, Director, Writer. Expedia CEO Peter Kern. Mr. Jacobson also founded Whisper Advisors, a boutique investment banking/advisory company. feel like they are making a difference, he explains. We think that generates a huge amount of opportunity for our B2C and B2B businesses. His salary was around $850,000. ExpediaCEO Peter KernQ420222023ExpediaAppExpedia US I knew what we needed to deliver and had negotiated more than my share of those deals, Kern says. 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. Kerns strategy: fewer people organised around clearer goals. In some he read bedtime stories to the children of frazzled staff. New York City got totally killed, but Hawaii was awesome, Florida was awesome. 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?" Kern's discussion with PhocusWire's Kevin May will broadcast LIVE . Her expertise lies in her ability to manage engineering teams and drive change. Mr. Khosrowshahi joined IAC in 1998 as Vice President of Strategic Planning and was promoted to Senior Vice President in 1999. 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. But Europe will be the next-best market for us after the U.S., and after that, Latin America, then Asia-Pacific. 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. She is also a Certified Public Accountant and holds both a B.S. The state's lawmakers emphasized the need for transparency rather than criticizing the resort fees. We're less worried about playing defense, which, you know, six months ago, nine months ago, I couldn't say. Prior to founding Gemini Associates, Mr. Kern was at the Home Shopping Network and Whittle Communications. Simply log into Settings & Account and select "Cancel" on the right-hand side. We're also pushing on the brand front. We're optimistic, we're ambitious for ourselves and our partners, we want to get everybody back to success, and we think there's a big opportunity for us all to be more successful because we work together in smarter ways. . Expedia, Inc., an Expedia Group company. . CEO Peter Kern told an investor conference Monday that Vrbo would be the last of its . As Expedia Groups EVP and CFO, Ms. Whalen leads the Companys global finance organization and financial activities including accounting, corporate development, financial reporting and analysis, internal audit, investor relations, real estate, tax, and treasury. Before joining Microsoft, she was a consultant with the Boston Consulting Group, both in San Francisco and in Paris. Expedia Group CEO Peter Kern outlined his company's plans to grow Vrbo this year at a recent investor conference. Big-ticket items such as holidays look a risky bet. (Expedia Group Photo) Expedia Group, the Seattle-based online travel giant, posted improved results for the second quarter, but cautioned that the resurgence of the . 02:48 - Source . We support credit card, debit card and PayPal payments. 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This copy is for your personal, non-commercial use only. We use 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. Previously, Mr. Khosrowshahi served as the Chief Executive Officer and President of Expedia Group from the completion of the IAC/Expedia Group Spin-Off until August 2017. Before joining Tribune, Michael was Vice President of Labor Relations at NBCUniversal, where he supported network news and sports, owned and operated stations and late-night entertainment programs. Since June 2017, Mr. Dubrugas has served on the Board of Directors of MercadoLibre, Inc., a leading Latin American e-commerce technology platform. 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