Summary
Expedia, Inc. (now Expedia Group) filed an 8-K on September 26, 2016, primarily to disclose a significant leadership change within its HomeAway brand. John Kim was appointed as the new President of HomeAway. This transition involves the co-founder and current CEO, Brian Sharples, moving to the role of Chairman until January 2017. This leadership update is intended to provide continuity while potentially signaling a new direction or strategy for the HomeAway segment under Mr. Kim's leadership.
Key Highlights
- 1Expedia's HomeAway brand announced a leadership transition.
- 2John Kim has been appointed as the new President of HomeAway.
- 3HomeAway co-founder and CEO, Brian Sharples, will transition to Chairman until January 2017.
- 4The announcement was made via a press release filed as an exhibit to the 8-K.
- 5This filing is primarily a Regulation FD disclosure regarding the leadership change.
Frequently Asked Questions
The main purpose of this 8-K filing is to disclose a significant leadership change at Expedia's HomeAway brand, specifically the appointment of a new President and the transition of the current CEO.
John Kim has been appointed as the new President of HomeAway.
Brian Sharples, the co-founder and current CEO of HomeAway, will move into the role of Chairman through January 2017.
No, this 8-K filing does not include financial statements or performance data. It is solely a Regulation FD disclosure regarding a leadership change at the HomeAway brand.