Expedia Grabs $3.2 Billion in Private Equity Financing and Appoints Peter Kern CEO

Expedia Grabs $3.2 Billion in Private Equity Financing and Appoints Peter Kern CEO

Peter Kern was appointed CEO of Expedia Group Expedia Group

Skift Take: Barry Diller followed a familiar pattern and appointed someone he's known for years and feels comfortable working with as CEO. Peter Kern will have no trouble working with Apollo and Silver Lake, and with making deep cuts because he is a private equity guy at heart.

— Dennis Schaal

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