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Expedia’s Payout to Its Ousted CEO Could Be Nearly $12 Million

Then-CEO Mark Okerstrom of Expedia Group at the company’s Explore ’19 partner conference at the Venetian hotel in Las Vegas November 14, 2019. Okerstrom resigned a couple of weeks later. Adam Shane Productions / Expedia Group

Skift Take: When you consider Mark Okerstrom’s performance, which will lead to a golden parachute substantially less than what might have been, he can take a bunch of blame — but not for everything. The integration of the Vrbo acquisition was clearly messed up, as was the reorganization. Conversely, he inherited a very tough competitive environment.

— Dennis Schaal

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