Articles tagged “barry diller”

Expedia Shareholders Reject Proposal to Require Greater Disclosure of Company’s Political Donations

Expedia Shareholders Reject Proposal to Require Greater Disclosure of Company’s Political Donations

Dennis Schaal, Skift

Regarding this particular shareholder proposal on increased transparency about political contributions, the stockholder who mattered the most was Barry Diller. But if the political winds in the U.S. are indeed changing, then corporations may find themselves under increased pressure to be transparent and to do the right thing.

3 weeks ago

Expedia’s Barry Diller Characterizes Removing Middle Seats on Airplanes as ‘Absurd’

Expedia’s Barry Diller Characterizes Removing Middle Seats on Airplanes as ‘Absurd’

Dennis Schaal, Skift

Barry Diller let it rip on Sunday in a wide-ranging interview on the pandemic, calling President Trump a "witch doctor" for his coronavirus treatment recommendations. Whether the subject is Trump or regulation of Google, Diller hasn't been shy about speaking his mind.

2 months ago

Barry Diller Can’t Retake Control of Expedia Group Just Yet, Court Orders

Barry Diller Can’t Retake Control of Expedia Group Just Yet, Court Orders

Dennis Schaal, Skift

Barry Diller's alleged right to retake control of Expedia Group, after wielding such power for 14 years, is under attack. At the least, the court-ordered delay in allowing him to exercise such rights could cost the Expedia chairman a ton of money.

3 months ago

Expedia Begins Layoffs Targeting 12 Percent of Its Workforce

Expedia Begins Layoffs Targeting 12 Percent of Its Workforce

Dennis Schaal, Skift

Diller and Kern are taking an ax, as promised, to Expedia Group's payroll. This could be just the first round, and the thinking might be: Why sell to private equity, have those folks squeeze out the cost savings, and reshape the business when we can do it ourselves?

4 months ago

Expedia Chairman Barry Diller Rips His ‘Bloated’ Company as ‘All Life, No Work’

Expedia Chairman Barry Diller Rips His ‘Bloated’ Company as ‘All Life, No Work’

Dennis Schaal, Skift

The straight talk from Diller and Kern will likely delight Wall Street and rankle former management and current employees. Employees will have to buy into the new vision if there's any hope it will become reality.

5 months ago

What’s Behind Barry Diller’s Patient Approach to Expedia?

What’s Behind Barry Diller’s Patient Approach to Expedia?

Sean O'Neill and Dennis Schaal, Skift

It increasingly looks like what we expected will happen will come true: Chairman Barry Diller is likely to make Expedia Group's acting boss Peter Kern the permanent CEO. It's very probable, too, that Diller is shopping the online agency giant to potential buyers. But who would buy?

5 months ago

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

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

Seth Borko and Dennis Schaal, Skift

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.

6 months ago

What Barry Diller Told Anxious Expedia Workers About the Future

What Barry Diller Told Anxious Expedia Workers About the Future

Dennis Schaal, Skift

Expedia Group Chairman Barry Diller flew to Seattle to rally the troops. His message to all the employees around the world was, in essence, the sun will rise tomorrow at the travel giant. Impatient investors aren't quite as sure.

7 months ago

The Way Forward for Expedia May Include Selling Off Businesses

The Way Forward for Expedia May Include Selling Off Businesses

Dennis Schaal, Skift

The strategy and vision for the next stage in Expedia Group's life should include sharp departures from the status quo, but rest assured that the company line for the time being will be stability to keep the peace.

7 months ago

Who Will Be Expedia’s New CEO?

Who Will Be Expedia’s New CEO?

Dennis Schaal, Skift

Facing intense competition and a company in disarray, the Expedia Group board and senior executive Barry Diller have no time to dillydally. No one can forecast what the online travel market will look like in the next five years, but Diller et al need to find a couple of top executives who can quickly figure out Expedia's path forward.

7 months ago

Lawsuit Challenges Barry Diller’s Future Control of Expedia

Lawsuit Challenges Barry Diller’s Future Control of Expedia

Dennis Schaal, Skift

The odds are against this shareholder lawsuit against Barry Diller and the Expedia Group board doing anything to upend Diller's ongoing control of the company, so look for a financial settlement. But the issues raised highlight why good governance groups abhor companies that don't have truly independent directors.

12 months ago

Expedia Chairman Barry Diller Moves to Simplify Corporate Structure

Expedia Chairman Barry Diller Moves to Simplify Corporate Structure

Sean O'Neill and Dennis Schaal, Skift

Expedia will stop being a controlled company after it acquires Liberty, and Barry Diller, chairman of Expedia, will own about 29 percent of the online travel group's voting power. The move makes the company's ownership structure more transparent, which is a good thing.

1 year ago