Expedia gets new CEO as it raises USD 3.2 billion of fresh capital

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Expedia Group chairman, Barry Diller, has named Peter Kern as the company’s new chief executive officer, following the departure of Mark Okerstrom last December. The move comes today alongside the news of a USD 3.2 billion capital raise to secure the business’ financial strength. “We have one mandate – to conserve cash, survive, and use […]

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