With a CEO transition underway at Expedia Group (No. 2 on Travel Weekly's 2023 Power List), the company is also creating two new divisions that will be led by veterans of the company.
Effective immediately, Alfonso Parades becomes president of Private Label Solutions, and Greg Schulze becomes president of Travel Partners and Media, with the two new divisions replacing what had been known as Expedia for Business. Parades was most recently global senior vice president and general manager of Expedia Partner Solutions, and Schulze was senior vice president of Strategic Travel Partners.
Earlier this month, Expedia Group announced Ariane Gorin, president of Expedia for Business, will become CEO in May when Peter Kern steps down from the role.
"Alfonso and Greg are proven leaders with global experience and deep travel partner relationships across the industry," Gorin said.
"Their experience is ideal for these new divisions, and I'm confident they will continue to advance our company's mission and deliver exceptional value to partners and travelers."
Schulze and Parades have been with Expedia Group for 20 and 14 years, respectively. The company said their appointments "signal a strategic move to capitalize on global opportunities (collectively having worked in Asia, Europe, Latin America, and North America) and deliver value to travelers, partners and shareholders alike."
"Expedia Group has a rich history of powering the industry and partners around the world," Parades said. "Our Private Label Solutions team has been at the forefront of that innovation, and I look forward to bringing more value to partners as our marketplace and technology continues to evolve."
And said Greg Schulze, "I am thrilled to lead the Travel Partners and Media division. We continue to deliver value to partners by bringing all of Expedia Group's capabilities to them, including the most valuable media network in travel. With unmatched global inventory that reaches high-value travelers, we are positioned to drive meaningful impact in the travel industry."
Source: PhocusWire