Expedia CEO Peter Kern Stepping Down After ‘Optimizing IT Footprint'

Expedia Group CEO Peter Kern said Thursday (Feb. 8) that he will step down in May after four years in that role, having led the company as it rationalized its operations and optimized its IT footprint.Kern and Expedia announced this move on the same day the global travel platform announced its fourth quarter and full year 2023 results.“When this started, the idea was for me to come in for a period of time and sort of right the ship, put us where we want it to be, and then build the team and make sure we hav ...