Priceline's Two CEOs on The Future of Travel's Biggest Brand
Skift Take
Jeffery Boyd doesn't want to meddle in Priceline's business on a day to day basis, which may provide angst to some investors. Still, incoming CEO Darren Huston has capably led Priceline's prized asset, Booking.com, over the last two years, so he's got the pedigree in what promises to be a fascinating new era in online travel.
Outgoing Priceline CEO Jeffery Boyd, who will serve as non-executive chairman of the company, says he doesn't intend to be "a typical buttinsky former CEO" and has no intention of running another Internet company again.
Meanwhile, the new guy, incoming Priceline CEO Darren Huston, who has headed its Booking.com unit for the last couple of years and takes over as Priceline CEO on January 1, sees "amazing potential" in the company's future, adding that "maybe this is the first chapter."
Skift interviewed the dynamic duo outside the PhoCusWright conference in Hollywood, Florida yesterday, and they answered questions about where Priceline has been, and where it is heading,
Asked if it is a no-win proposition succeeding Boyd, considering he took the company from the doldrums to king of the hill status and with a $59 billion market cap during his 11 years at the helm, Huston said he's seen the stock nearly double in price over the last couple of
