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SEC filingExpedia Group announced the departure of CFO Scott Schenkel effective May 11, 2026, and appointed Derek Andersen as successor CFO on the same date with a $1M base salary, $2.5M signing bonus, and $17M initial equity grant.
The CFO transition at Expedia Group marks a significant leadership change, with Scott Schenkel departing after strengthening the financial foundation and supporting margin expansion over 16 months, staying through the Q1 earnings call on May 7, 2026. Derek Andersen, aged 48 with extensive experience as Snap Inc. CFO and prior Amazon finance roles, brings expertise in high-growth tech and consumer businesses. His rich compensation package underscores the board's commitment to retaining top talent, featuring a competitive $1M base, substantial $2.5M signing bonus vested over time, and a $17M RSU grant with staggered vesting through 2029 to align with long-term performance. Annual equity targeting $10M further incentivizes sustained value creation. Relocation terms facilitate his move to Seattle headquarters by July 2027, with housing and home sale support repayable if terminated for cause or early resignation. Severance protections provide 12 months salary continuation and equity acceleration upon qualifying termination, balanced by non-compete restrictions. This positions Expedia Group for continued strategic execution under CEO Ariane Gorin.