Bloomberg: Balance of Power focuses on the politics and policiesbeing shaped by the agenda of President Biden's administration. You have to create an environment where the team can deliver. 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. LAS VEGAS--(BUSINESS WIRE)--At its annual partner event, EXPLORE, Expedia . Check if your Kern says his staff needed ongoing love. So, we'll let others focus on the particular service needs of corporate players and instead focus on the underpinnings, the core tech stack and the core supply that could power all these people. 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. How might particular brands and markets evolve to meet the new set of circumstances that they and travelers find themselves in. series is Peter Kern, CEO and vice chairman at Expedia Group, one of the world's largest online travel companies. Mr. Diller served as the non-executive Chairman of the Board of Ticketmaster Entertainment, Inc. from 2008 to 2010, when it merged with Live Nation, Inc. to form Live Nation Entertainment, Inc. Mr. Diller served as the non-executive Chairman of the Board of Live Nation Entertainment, Inc. from January 2010 to October 2010 and was a member of its Board until January 2011. Kern's discussion with PhocusWire's Kevin May will broadcast LIVE on Wednesday, July 15, 2020. personalising content and ads, providing social media features and to 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. 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. Mr. Altman has also been the General Partner of Hydrazine Capital, an early-stage venture capital firm, since April 2012. cookies Kern's discussion with PhocusWire's Kevin May will broadcast LIVE . degree from the Wharton School at the University of Pennsylvania. Expedia CEO Peter Kern speaks to Yahoo Finance. Organising to succeed has a cost. "I don't see [the metaverse] as a competitive threat . The largest trade he's ever made was exercising 50,000 units of Expedia Inc stock on 20 June 2021 worth over $5,448,500. He also managed labor relations for Telemundo Network, Studio, International, cable operations, and owned and operated stations throughout the U.S. and Puerto Rico. Fri, Feb 10 202311:47 AM EST. 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. Dzielak received his J.D. Do they come into my room and clean it, or do they wear masks at the hotel?" Before joining Microsoft, she was a consultant with the Boston Consulting Group, both in San Francisco and in Paris. For cost savings, you can change your plan at any time online in the Settings & Account section. He is also a member of the Board of Trustees of California Institute of the Arts and a director of the Simon Wiesenthal Center. from New York University. 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. As CEO of the fourth largest credit union in the United States, she is responsible for all aspects of leading an organization with more than 1.3 million members and $30.2 billion in assets. Despite assuming leadership of one of the world's largest travel brands in the midst of a global pandemic, Expedia Group CEO Peter Kern says there wasn't much in 2020 that took him by surprise - except "I didn't have to wear pants to work." Speaking at his first Phocuswright Conference since replacing former CEO Mark Okerstrom in April, Kern says he sees the events of this year as . Prior to assuming this role, Ms. Clinton served as a member of the Board of Directors of the Clinton Foundation from September 2011. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for 65 per month. (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 . Expedias rival Booking.com had higher profits and half the fixed cost base. Premium access for businesses and educational institutions. His salary was around $850,000. Important questions for industry leaders to address in troubled times for one of the biggest business sectors in the world. His Broadway credits include To Kill A Mockingbird; The Iceman Cometh; Carousel; Three Tall Women; A Dolls House, Part 2; The Humans; and Betrayal. 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. But February 2020 was not an auspicious time to start a significant overhaul of a global travel company. 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. Rathihas extensive technology and engineering experience and has spent most of her career developing and building platforms and products for emerging technologies. 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 burned through cash in issuing refunds. 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. Theres been a big underspend on travel and we and many people believe that will reverse itself. 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. According to Peter Kern, the vice chairman and CEO, his . In some he read bedtime stories to the children of frazzled staff. I think the summer of '22 will probably be the biggest travel summer of all time, even with some countries constrained. Mr. Kern holds a B.S. Prior to founding Ranger, Mr. von Furstenberg founded Arrow Capital Management, LLC, a private investment firm focused on global public equities, where he served as Co-Managing Member and Chief Investment Officer since 2003. Mr. Dzielak had previously served as Senior Vice President and acting General Counsel since October 2011. 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. Prior to joining InterMedia, Mr. Kern was Senior Managing Director and Principal of Alpine Capital LLC. degree from the Wharton School at the University of Pennsylvania. Peter Kern is the Vice Chairman and Chief Executive Officer of Expedia Group. 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. In the 10 weeks after the shutdown of travel in Europe and the US in March 2020, Expedia handled 22mn calls and messages, more than double its usual rate. Mr. Kern has spent decades in leadership roles in public and private settings. Crystal Tse. degree from the Wharton School at the University of Pennsylvania. 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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. One of his methods was sending out semi-regular videos from his wood-clad Seattle home. Peter Kern joined Expedia Group in 2005. 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. Mr. Kern is a Managing Partner of InterMedia Partners VII, LP, a private equity firm. 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. Im a big fan of old world Italian and French wines. He was inducted into the American Advertising Federations Hall of Achievement in 2009 and is the winner of 28 Cannes Lions. 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. 07070 USA Telephone: (201) 902-2000, https://www.travelweekly.com/Preview-2022/Executive-view-Peter-Kern-Expedia-Group. 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. CEO Peter Kern told an investor conference Monday that Vrbo would be the last of its . Expedia prepares for post-pandemic travel surge. I think the U.S. will stay a steadfast and strong market for us. Peter M Kern, Expedia Group Inc: Profile and Biography - Bloomberg Markets Bloomberg TV+ Bloomberg Surveillance Bloomberg Surveillance with Tom Keene, Jonathan Ferro & Lisa Abramowicz. From November 2011 to August 2014, Ms. Clinton also worked as a special correspondent for NBC news. 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. Jacobson also founded Whisper Advisors, a boutique investment banking/advisory company. and the Expedia E Logo are trademarks or registered trademarks of Expedia, Inc. The stock and option awards represent the fair value at the grant date, and wont necessarily be the actual value when the awards vest. We're less worried about playing defense, which, you know, six months ago, nine months ago, I couldn't say. We're trying to play offense into what we think will be a recovery. She is also a Certified Public Accountant and holds both a B.S. 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