Expedia names former Snap executive as new CFO

Online travel firm Expedia Group on Thursday named former Snap executive Derek Andersen as its new finance chief, ‌replacing Scott ⁠Schenkel.

The ⁠change comes amid ​lingering fears of an AI-led disruption to ​the business models of most online travel ​firms.

Andersen was most ⁠recently finance ‌chief at ​Snapchat ​parent Snap, and ⁠will take charge at Expedia on ​May 11. He will ​report to CEO Ariane Gorin, Expedia said in a release.

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