Expedia Group Inc said on Wednesday its chief executive officer and finance head had resigned with immediate effect following a disagreement with the board on the online travel company’s business strategy. “Ultimately, senior management and the board disagreed on strategy,” Chairman Barry Diller said in a statement, adding that the company’s reorganization plan undertaken earlier this year had led to disappointing third-quarter results and a “lackluster” near-term outlook. Expedia had reported a lower-than-expected profit for the first time in seven quarters last month. …read more
Source:: Yahoo Finance
