Expedia Group -- the parent company behind travel brands such as Expedia, Travelocity, VRBO and Orbitz -- is shaking up its leadership team following disagreements on strategy.
The company announced Wednesday that chief executive Mark Okerstrom and CFO Alan Pickerill have resigned from the organization effective immediately. Okerstrom will also step down from his position on the company's board of directors.
Board chairman and prominent businessman Barry Diller will take over day-to-day operations of the company, along with vice chairman Peter Kern, until a long-term plan is established. Eric Hart will serve as acting CFO.
In a statement, Diller said the ...
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