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Mark Okerstrom is the former CEO of Expedia Group and has quite a background. He was born on June 19, 1977. He holds an MBA from Harvard Business School and a law degree from the University of British Columbia. Before...

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Mark Okerstrom

Ex-CEO of Expedia Group, Inc.

Education

MBA from Harvard Business School and a law degree from the University of British Columbia

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Consumer Cyclical

Born

June 19, 1977 - 47 years ago

CEO of Expedia Group, Inc. for

2 years 5 months (Aug 2017 - Jan 2020)

Previous Experience

Chief Financial Officer of Expedia, Inc.

Holdings

See how much did Mark Okerstrom make over time.

Mark Okerstrom had substantial holdings in Expedia Group, fluctuating between $6.83 million and $12.81 million over the years. His holdings peaked in early 2022 when they rose to $12.81 million. This increase reflects confidence in Expedia's future growth. In 2021...

Mar 17, 2025

Total Stock Sold

$35.79M

EXPE

$35.79M

355,977 EXPE shares

What if they kept their stock?

If Mark Okerstrom didn't sell their stock, today they would have:
Extra EXPE355,977 shares worth $22.22M.
This is -37.92% and $13.57M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Mark Okerstrom.

EXPE

$703.42K

EXPE at $127.18/share

Feb 25, 2019

Sale

EXPE

$711.57K

EXPE at $128.65/share

Feb 20, 2019

Sale

EXPE

$705.34K

EXPE at $127.52/share

Feb 15, 2019

Sale

EXPE

$702.51K

EXPE at $127.01/share

Feb 12, 2019

Sale

EXPE

$1.88M

EXPE at $150.41/share

Aug 24, 2017

Sale

EXPE

$1.88M

EXPE at $150.00/share

Aug 7, 2017

Sale

EXPE

$6.52M

EXPE at $115.08/share

Aug 11, 2016

Sale

EXPE

$7.67M

EXPE at $126.73/share

Aug 5, 2015

Sale

EXPE

$3.38M

EXPE at $84.12/share

Nov 6, 2014

Sale

EXPE

$1.83M

EXPE at $88.00/share

Aug 26, 2014

Sale

Compensation History

See how much did Mark Okerstrom make over time.

Mark Okerstrom's compensation varied greatly during his time at Expedia. In 2018, he earned a total of $4.7 million, which included a salary of $1 million, a bonus of $500,000, and $3 million from vested stock that year. However, by 2020, his total compensation dropped to $2.8 million, primarily due to changes in performance metrics and the company’s overall direction amidst market challenges. His bonus structure was heavily linked to performance metrics, focusing on adjusting EBITDA and revenue growth, which shows his commitment to aligning his success with the company’s performance. The significant drop in his pay over the years, alongside fluctuating stock vested values, indicates how performance impacts compensation, pointing to a more competitive landscape in the travel industry.

Year

2020

Total Compensation

$3.00M

Salary

$1.00M

Board Justification

The compensation philosophy aligns with company performance, focusing on long-term shareholder value and competitive benchmarking against peers.

Bonus

$500.00K

Board Justification

The bonus is based on the company's performance metrics including revenue growth and adjusted EBITDA for the fiscal year 2020.

Other

$300.00K

Board Justification

Other compensation includes retirement contributions and health benefits paid by the company.

Restricted Stock

$1.20M(20K Common Stock)

Board Justification

The stock that vested in 2020 was part of the long-term incentive plan, which is tied to performance metrics over a three-year period.

Performance Metrics

The performance metrics include revenue growth, adjusted EBITDA, and customer satisfaction scores.