Overview
- Expedia appointed Derek Andersen as chief financial officer effective May 11, with Scott Schenkel staying through the May 7 earnings call and leaving May 16.
- The change knocked the stock down 5.4% to $250.37, a steeper drop than Booking Holdings and Airbnb saw that day.
- The timeline leaves only a nine-day overlap between the incoming and outgoing finance chiefs.
- Expedia said in a regulatory filing that Schenkel’s exit involves no disagreements over accounting, operations, or governance.
- Andersen’s package includes a $1 million base salary, a $2.5 million signing bonus, and an upfront equity award valued at $17 million.