Expedia picks CFO Mark Okerstrom as new CEO

Reuters News
Posted: Aug 30, 2017 5:23 PM

(Reuters) - Expedia Inc named Chief Financial Officer Mark Okerstrom as its chief executive, replacing Dara Khosrowshahi, who took over the top job at Uber Technologies Inc [UBER.UL].

Okerstrom, who is also Expedia's executive vice president of operations, will join the company's board, the travel-booking site said.

Khosrowshahi will continue to be a board member.

Enough's Enough
Walter E. Williams

(Reporting by Arunima Banerjee in Bengaluru; Editing by Anil D'Silva)