Expedia CFO’s global plan: acquire, invest, and consolidate
Mark Okerstrom, chief financial officer for Expedia Inc, loves doing deals. The more complex, the better, he says.
In the past two years, the 42-year old lawyer led the company’s successful acquisitions of German metasearch site Trivago and the online travel agencies Travelocity in the US and Wotif in Australia.
He also led Expedia’s investment today in Decolar, the Latin American online travel agency group with the highest revenues among the regional incumbents.
Today Okerstrom spoke to investors at the Piper Jaffray Technology, Media & Telecommunications Conference. Managing director at the investment bank Mike Olson asked some unusually sharp questions for this type of event.