CFO Mark Okerstrom named as new Expedia CEO
Expedia Inc has appointed its finance chief Mark Okerstrom as new CEO following Dara Khosrowshahi’s departure to join Uber.
The company moved quickly to install a new chief executive, and also said Khosrowshahi will remain on Expedia’s board.
Okerstrom has been a fixture at Expedia since 2006, and has held the CFO position since 2011.
He was the first and only choice to succeed Khosrowshahi, says Expedia chairman Barry Diller.
"Prior to Dara leaving, Mark Okerstrom was his principal partner in operating the company — and therefore this transition is as natural as water flowing down a snow-packed mountain. There was no other candidate that the board considered," Diller said.
Okerstrom said the company’s current strategy will remain largely unchanged during his tenure.
"I’d assume largely a continuation of the course we’ve been on. M&A has always been in our DNA and it will be in our DNA in the future," Okerstrom told reporters.
He also hinted there may be closer ties with Uber resulting from Khosrowshahi’s move.
"There’s probably ways we can work much more closely together than we ever have before. Keep your eye out, maybe there will be something that comes out."
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Phocuswright reveals the world's largest travel markets in volume in 2025
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Skyscanner reveals major travel trends 2026 at ITB Asia
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
In Italy, the Meloni government congratulates itself for its tourism achievements