Big companies rarely change their financial leadership without a clear purpose. Such changes often indicate a shift in strategic direction.
Against this backdrop, Expedia Group has appointed Derek Andersen as its new Chief Financial Officer, effective May 11, 2026. He takes on the role as the company refines its financial strategy and expands globally.
Andersen will report directly to CEO Ariane Gorin and oversee the company’s global finance operations. His responsibilities extend beyond financial management to shaping Expedia’s investment, growth, and competitive strategies in an evolving travel industry.
He succeeds Scott Schenkel, who served as CFO for the past 16 months, focusing on efficiency and strengthening the company’s financial foundation. Schenkel will remain through early May to ensure a smooth transition.
Andersen’s background aligns with Expedia’s direction. He most recently served as CFO at Snap Inc., navigating shifting advertising markets and balancing growth with profitability. Previously, he spent over seven years at Amazon, including a leadership role in its digital video business.
This combination gives you experience in high-growth technology environments and large-scale operations, reflecting Expedia’s ongoing evolution as it expands its platform and global reach.
Earlier in his career, Andersen held senior roles at Fox Interactive Media, including work with IGN, further strengthening his experience in digital and consumer-focused businesses.
His appointment comes as Expedia aims to expand as a global travel marketplace while also improving margins and delivering consistent returns. Achieving this balance is a key responsibility for the CFO.
Gorin emphasized Andersen’s ability to combine financial discipline with strategic insight into technology-driven businesses. The company seeks a CFO who can guide its future direction, not just manage costs.
Andersen, for his part, is stepping into the role with a familiar tone. He highlighted Expedia’s existing strengths, including its technology platform and mix of consumer brands and B2B services. But the key part of his message was forward-looking. He’s focused on building on that foundation and driving the next phase of performance and profitability.
Andersen will be based in Seattle, returning to a city that has long been central to Expedia’s identity and leadership.
While leadership changes do not transform a company overnight, they set strategic direction. A new CFO influences investment decisions, cost management, and the balance between short-term results and long-term growth.
For Expedia, this appointment shows we remain committed to operating as a disciplined technology company while competing in a dynamic global travel market.
