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AI brief of an SEC Form 8-K · Expedia (EXPE)

Expedia Group names Derek Andersen CFO, succeeding Scott Schenkel effective May 11

Neutral Impact 4 of 5 leadership Written later

Expedia Group said CFO Scott Schenkel will step down effective May 11, 2026, and named Derek Andersen, formerly CFO of Snap Inc., as his successor. Schenkel stays through the first-quarter earnings call on May 7, 2026, and leaves the company on May 16, 2026, and the filing says his departure involved no disagreement with the company on operations, policies, or accounting.

Key points

  • Derek Andersen was CFO of Snap Inc. from May 2019 through April 2026 and previously worked at Amazon.com, Inc. from March 2011 to June 2018.
  • Andersen's employment agreement sets a $1 million annual base salary and a $2.5 million cash signing bonus paid over two years.
  • His initial equity award is RSUs valued at $17 million, and he is eligible for annual equity awards with a target value of $10 million.
  • Schenkel remains with the company through May 7, 2026, and departs on May 16, 2026.

The filing

CompanyExpedia (EXPE)
Form8-K, current report
Filed with the SECApr 23, 2026, 9:00 AM ET
Accession number0001324424-26-000016

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:10 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 23, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.