Expedia Group Announces Board and Executive Compensation Changes

Ticker: EXPE · Form: 8-K · Filed: 2024-12-19T00:00:00.000Z

Sentiment: neutral

Topics: governance, executive-compensation, board-changes

Related Tickers: EXPE

TL;DR

Expedia's board is changing, and exec pay plans are updated.

AI Summary

Expedia Group, Inc. announced on December 18, 2024, changes in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and the election of new directors, alongside updates to compensatory plans for key executives.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — The filing reports routine corporate governance changes and compensation adjustments, which are typical for public companies and do not inherently indicate significant financial risk.

Key Players & Entities

FAQ

What specific items are being reported under Item 5.02 of the 8-K?

Item 5.02 of the 8-K reports the departure of directors or certain officers, election of directors, and appointment of certain officers, as well as compensatory arrangements of certain officers.

What is the date of the earliest event reported in this Form 8-K?

The date of the earliest event reported is December 18, 2024.

What is the principal executive office address for Expedia Group, Inc.?

The principal executive office address is 1111 Expedia Group Way W., Seattle, Washington 98119.

What is the Standard Industrial Classification code for Expedia Group, Inc.?

The Standard Industrial Classification code for Expedia Group, Inc. is TRANSPORTATION SERVICES [4700].

What is the SEC file number for Expedia Group, Inc.?

The SEC file number for Expedia Group, Inc. is 001-37429.

From the Filing

0001324424-24-000056.txt : 20241219 0001324424-24-000056.hdr.sgml : 20241219 20241219161114 ACCESSION NUMBER: 0001324424-24-000056 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 32 CONFORMED PERIOD OF REPORT: 20241218 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241219 DATE AS OF CHANGE: 20241219 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Expedia Group, Inc. CENTRAL INDEX KEY: 0001324424 STANDARD INDUSTRIAL CLASSIFICATION: TRANSPORTATION SERVICES [4700] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 202705720 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-37429 FILM NUMBER: 241563378 BUSINESS ADDRESS: STREET 1: 1111 EXPEDIA GROUP WAY W. CITY: SEATTLE STATE: WA ZIP: 98119 BUSINESS PHONE: (206) 481-7200 MAIL ADDRESS: STREET 1: 1111 EXPEDIA GROUP WAY W. CITY: SEATTLE STATE: WA ZIP: 98119 FORMER COMPANY: FORMER CONFORMED NAME: Expedia, Inc. DATE OF NAME CHANGE: 20050420 8-K 1 expe-20241218.htm 8-K expe-20241218 0001324424 false 0001324424 2024-12-18 2024-12-18 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): December 18, 2024 EXPEDIA GROUP, INC. (Exact name of registrant as specified in its charter) Delaware   001-37429   20-2705720 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.) 1111 Expedia Group Way W. Seattle , Washington 98119 (Address of principal executive offices) (Zip code) ( 206 ) 481-7200 Registrant’s telephone number, including area code Not Applicable (Former name or former address if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading symbol(s) Name of each exchange on which registered Common stock, $0.0001 par value EXPE Nasdaq Stock Market LLC (Nasdaq Global Select Market) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02.    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Appointment of Chief Financial Officer On December 19, 2024, Expedia Group, Inc. (the “ Company ”) announced the appointment of Scott Schenkel as the Company’s Chief Financial Officer, effective the day after the Company files its Annual Report on Form 10-K for the fiscal year ended December 31, 2024 (the “ Transition Date ”). Mr. Schenkel’s employment with Expedia, Inc., (“ Exped

View on Read The Filing