Amid Abrupt C-Suite Exodus At Expedia, Egencia Sees Slight Realignment

Expedia's CEO and CFO abruptly resigned Wednesday following disagreements with Expedia's board of directors on the direction of the company. The exits of CEO Mark Okerstrom and CFO Alan Pickerill take immediate effect, as Expedia chairman Barry Diller and vice chairman Peter Kern "will jointly preside over the company's day to day operations," according to a filing with the U.S. Securities and Exchange Commission.