Expedia Group is adding top
executives from Apple and Verizon as part of an operational restructuring that
also includes the departure of three current executives.
The company will now operate with “four
key pillars”: Expedia Services, Expedia Brands, Expedia Marketplace and
Expedia for Business.
Rathi Murthy joins as Expedia Group CTO and president
of Expedia Services, which includes data and artificial intelligence,
e-commerce, payments and customer experience. She previously held a similar
position at Verizon.
Jon Gieselman, previously had of
marketing at Apple, will be president of Expedia Brands, which will house the
company’s “consumer-facing businesses and focus on bringing to life unique
experiences customers love that connect the world through travel.” Jeff Hurt,
previously president and co-lead of marketing, will become Expedia Brands COO
and report to Gieselman.
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“Today, we take an important next step in Expedia
Group’s journey as we add two exceptional talents to our leadership team and
simplify our organization for clarity and speed. Rathi and Jon represent the
character of executives, depth and breadth of experience, and success in their
respective fields we seek at our leadership table. Our chairman and I have
complete confidence in what they will deliver, and we are excited to welcome
them to the team,” says Peter Kern, vice chairman and CEO of Expedia Group.
John Kim, previously president of platform and
marketplaces, will become president of Expedia Marketplace. And Ariane Gorin
will move into the role of president of the newly formed Expedia for Business.
“As we move into four clearer operating divisions,
the addition of Rathi and Jon and new roles for John and Ariane demonstrate our
commitment to simplifying our business so we can be more agile and deliver
innovative products faster. We set out last year with a clear mission: to power
the entire travel ecosystem, and these positions fill the core skillsets we
need to accelerate forward,” Kern says.
Along with these changes, Expedia Group says three
executives will leave the company in the coming months: Cyril Ranque, president,
travel partners group; Adam Jay, president and co-lead, marketing; and Tucker
Moodey, president, retail product and technology.