| CEO Name | Peter Kern |
| Nationality | United States |
| Net Worth Estimation | $100 million |
Peter Kern, current CEO of Expedia Group (which owns Orbitz), has an estimated net worth of around $100 million primarily due to his executive compensation, stock awards, and previous private equity investments. His wealth is bolstered by significant holdings in Expedia Group shares and performance-based bonuses tied to the company's financial success.
Peter Kern, CEO of Orbitz (Expedia Group), has an estimated net worth of $100,000,000, which exceeds the maximum category range of $70,000,000 by approximately 43%. His net worth is about 43% higher than the estimated upper limit for CEOs in the travel business category.
Business Category: Travel
Minimum Net Worth (estimation): 10000000 USD
Maximum Net Worth (estimation): 70000000 USD
Peter Kern Performance in Orbitz (Expedia Group)
Peter Kern, CEO of Orbitz under Expedia Group, demonstrates strategic leadership by driving innovation and operational efficiency. His decision-making emphasizes technology integration and market expansion, enhancing customer experience and competitive positioning. Kern's impact includes accelerated digital transformation and revenue growth, solidifying Orbitz's role within Expedia's portfolio.
Latest News
Expedia Group Completes Orbitz Acquisition, CEO Dara Khosrowshahi Leads Integration
Expedia Group finalized its acquisition of Orbitz Worldwide in 2015 for $1.6 billion, integrating Orbitz's brands into its portfolio to accelerate innovation and enhance customer experience. Dara Khosrowshahi, CEO of Expedia, emphasized aligning technology and strategic growth while managing the combined travel platforms under Expedia's leadership.
Source: http://www.orbitz.com/press/travelocity-relaunches-travel-for-good-grant-program-for-voluntourist-hopefuls/