Expedia Picks EBay Executive Schenkel as Next Financial Chief

Dow Jones2024-12-20

By Katherine Hamilton

Expedia Group said Thursday it appointed Scott Schenkel as its chief financial officer.

Schenkel, 56, is expected to succeed Julie Whalen on Dec. 30. Whalen's departure was announced in November.

Schenkel was most recently interim CEO of eBay until Jamie Iannone was hired for that role in April 2020. He served as eBay's financial chief before that.

Expedia said it plans to pay Schenkel an annual base salary of $1 million and a signing bonus of $3 million on his start date. They expect to pay him another $2.2 million on Dec. 15, 2025, as long as he still holds the position at that time.

Whalen received a total compensation of $6.6 million in 2023 and $16.4 million in 2022, according to company filings.

Once employed, Schenkel would be eligible for an initial equity grant of 87,163 stock. In 2025, he would be eligible to receive additional equity awards with a target value of $10 million.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

December 19, 2024 16:41 ET (21:41 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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