Summary
This Form 8-K filing from Expedia, Inc., dated October 17, 2011, reports a significant executive change. Burke F. Norton, the Executive Vice President, General Counsel, and Secretary, has tendered his resignation, which will be effective at the close of business on October 28, 2011. Mr. Norton is leaving the company to pursue an opportunity with another organization. While the filing does not detail the reasons beyond accepting another position, the departure of a key legal and corporate officer like Mr. Norton is noteworthy for investors. The company has confirmed the resignation and its effective date. Further information regarding the transition and any replacement appointments would be of interest to stakeholders tracking the company's leadership stability and corporate governance.
Key Highlights
- 1Burke F. Norton resigned as Executive Vice President, General Counsel, and Secretary.
- 2The resignation is effective October 28, 2011.
- 3Mr. Norton is leaving to accept a position with another company.
- 4The filing was made on October 17, 2011, with the earliest event reported on October 11, 2011.
- 5The report is filed under Item 5.02 of Form 8-K, concerning departures of directors or officers.
- 6Dara Khosrowshahi, President and CEO, signed the report.