CEO and CFO of Expedia Resign After Failed Reorganization

Expedia Group, the online travel conglomerate that includes Orbitz, Vrbo, Hotwire and several other metasearch engines, announced this morning that CEO Mark Okerstrom and CFO Alan Pickerill have resigned. Their resignations come after a reorganization plan led by Okerstrom failed to bring results in the company’s third quarter. Expedia chairman Barry Diller will now oversee…

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