Peter Kern is the CEO of Expedia Group, Inc., a major player in the travel industry. He has been leading Expedia since early 2020, stepping up during a challenging time for travel. Kern holds a Bachelor's degree from UCLA and...
Peter Kern is the CEO of Expedia Group, Inc., a major player in the travel industry. He has been leading Expedia since early 2020, stepping up during a challenging time for travel. Kern holds a Bachelor's degree from UCLA and brings a wealth of experience in business. His leadership was formalized through an Employment Agreement in 2021, which runs until 2024, where he is also expected to continue as Executive Vice Chairman until at least 2026. Kern has a compensation plan that ties his pay to the company's performance, which includes a salary of $1,000,000 and bonuses based on revenue growth. He emphasizes long-term value and retaining top talent. In terms of stock holdings, his wealth in Expedia shares has fluctuated significantly, peaking at over $68 million by August 2024. Kern has navigated the ups and downs of the stock market and the pandemic impact, positioning himself as a committed leader for the company’s future. With a keen focus on metrics like EBITDA and total shareholder return, he’s set on steering the company towards recovery and growth post-COVID.