Expedia Group CFO Shake-Up Sends EXPE Stock Sliding Before Earnings
Expedia Group appointed former Snap CFO Derek Andersen as chief financial officer, effective May 11. Outgoing CFO Scott Schenkel will leave May 16 after the May 7 earnings call. Expedia shares dropped 5.4% Thursday, trailing other online travel stocks. The company said Schenkel’s exit was not due to any disagreement over operations or accounting.