Expedia Group (NASDAQ: EXPE) has announced the appointment of Scott Schenkel as the company's new Chief Financial Officer, effective the day after Expedia Group files its annual report on Form 10-K for the year ended December 31, 2024. Schenkel, who most recently served as the interim CEO of eBay Inc. from September 2019 through April 2020, brings over 30 years of global business and financial leadership expertise to his new role.
Prior to his appointment at Expedia Group, Schenkel spent six years as Senior Vice President and Chief Financial Officer of eBay Marketplace, and nearly 17 years at General Electric Company in various financial leadership roles.
In the financial results for the most recent period, Expedia Group reported a revenue of $10.2 billion, representing a 68% increase from the previous period. The company's net income for the period was $447 million, marking a 25% increase from the last period. Additionally, Expedia Group's operating expenses totaled $9.5 billion, showing a 72% increase from the previous period.
Expedia Group's three flagship consumer brands, including Expedia®, Hotels.com®, and Vrbo®, continue to power travel for everyone, everywhere through the company's global platform. The appointment of Scott Schenkel as the new Chief Financial Officer underscores the company's commitment to driving financial excellence and supporting its mission of powering global travel experiences. As a result of these announcements, the company's shares have moved 1.8% on the market, and are now trading at a price of $179.41. For the full picture, make sure to review Expedia's 8-K report.
