Search
 

Steering Corporate Strategy

Mark Okerstrom, one of the executives on the 2012 Under 40 List, talks about putting strategic decisions into practice as Expedias CFO.

By Hilary Johnson | Updated on January 02, 2013
A desire to participate in corporate strategy decisions at the highest level led Mark Okerstrom first into corporate law, at London firm Freshfields; then to investment banking at UBS; then to Bain Consulting; and then to his current role as CFO and executive vice president of Expedia. The $3.5 billion online travel company was once a unit of media mogul Barry Diller’s IAC/InterActiveCorp, and Diller still holds sway as its chairman.

Since arriving at Expedia in 2006, Okerstrom, 39, has presided over more than 20 transactions, including last year’s divestiture of travel review and advice site TripAdvisor, as well as Expedia’s most recent acquisition, in December, of a $632 million majority stake in trivago, a German online travel company. Expedia is striving to expand its reach internationally and build its market share in travel bookings from a current 3% of the $1 trillion industry.

When Okerstrom joined Expedia in 2006 as a senior director on the corporate development team, he was responsible for leading its corporate strategic planning and mergers and acquisitions activities globally. He was able to put his previous M&A experience to good use immediately, he recalls.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2024 ALM Global, LLC. All Rights Reserved.