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Published on : Friday, November 8, 2013
The Priceline Group announced the promotion of Darren Huston, 47, to President and Chief Executive Officer. The promotion will split the roles of Chief Executive Officer and Chairman and Jeffery H. Boyd, who has been President and Chief Executive Officer of The Priceline Group since 2002, will remain as Chairman of The Priceline Group’s Board of Directors. Mr.Huston will join The Priceline Group’s Board of Directors. Mr. Huston’s promotion and appointment to the Board of Directors will be effective January 1, 2014.Mr. Huston is Chief Executive Officer of Booking.com B.V. (Netherlands), a wholly owned subsidiary of The Priceline Group and the number one online hotel reservation service in the world, a position he will continue to hold. Since January 2013, Mr. Huston has also been responsible for overseeing certain aspects of the Group’s international business, including inter-brand relations, distribution, and geographic expansion.
Mr. Huston has been a member of the company’s Group Management Board since joining in September 2011.Mr. Huston came to the Group from Microsoft Corporation, where he served as Corporate Vice President, Consumer & Online from 2008 and President & CEO of Microsoft Japan from 2005.
Prior to joining Microsoft in 2003, Mr. Huston was Senior Vice President at Starbucks Corporation, responsible for acquisitions and new product development. Mr. Huston holds a Masters in Economics from the University of British Columbia and a Masters in Business Administration from Harvard University.
“Darren has done a great job leading Booking.com, the Group’s largest business, delivering impressive growth and share gains,” said Mr. Boyd. “Darren is the right choice to lead the Group and I look forwardto working with him closely as Chairman of the Board.”
“We look forward to working closely with Jeff as he continues as Chairman of The Priceline Group’s Board of Directors. Jeff has done an outstanding job leading the Priceline Group over the past eleven years and we are pleased to announce Darren’s appointment as part of our long-term succession planning,” said James M. Guyette, Lead Independent Director of The Priceline Group’s Board of Directors.
Source: The Priceline Group