Dhiren Fonseca and Gary Fritz to lead global supply strategy for world's leading online travel marketplace
Expedia, Inc. (NASDAQ: EXPE) , the world's leading online travel company, today appointed long-time Expedia veterans Dhiren Fonseca and Gary Fritz to lead its global Partner Services Group (PSG). The two will be jointly responsible for the company's global supply strategy and relationships with thousands of supply partners worldwide.
"In this unprecedented economic environment, our supply partners need travel demand more than ever, and our consumers are increasingly looking for great value in travel. This makes Expedia's mission and ability to match travel supply and demand more intelligently than anyone else, all the more paramount," said Dara Khosrowshahi, CEO of Expedia, Inc. "Dhiren and Gary have provided instrumental direction for our global strategy to date. Their intimate knowledge of our brands and extensive travel industry experience will serve the needs of Expedia and our partners well as our marketplace continues to evolve and grow."
Together, Fonseca and Fritz have 20 years of experience with Expedia. They transition into their new positions from their respective roles as senior vice presidents of corporate development, where they were focused on corporate strategy and worldwide mergers and acquisitions. During their corporate development tenures, they led Expedia's acquisition and integration of 15 companies, and drove long-term Expedia corporate strategy.
Fonseca helped found Expedia.com as part of the management team at Microsoft that brought the online travel company to life in 1995. He had already been a long-time Microsoft employee. He has served in a number of roles at Expedia over the years, at one point leading the company's supply strategy and supplier relationships.
Fritz joined Expedia prior to its acquisition and subsequent spinoff by IAC, and has served in a variety of corporate strategy, development and long-range planning roles. Prior to Expedia, Fritz was with the global consultancy McKinsey & Company in both Washington, D.C. and London.
About Expedia
Expedia.com(R) is the world's leading online travel provider, helping millions of travelers per month easily plan and book travel. Expedia.com (http://www.expedia.com and 1-800-EXPEDIA) aims to provide personalized service, the latest technology and the widest selection of vacation packages, flights, hotels, rental cars, cruises and in-destination activities, attractions, and services. With the Expedia(R) Best Price Guarantee, Expedia.com promises to offer to its customers the best rates available online for all types of travel, making it the most comprehensive customer guarantee in online travel. Expedia is dedicated to positively impacting global tourism by providing travelers environmentally conscious travel options. Expedia is a founding member of the World Heritage Alliance - a joint initiative with the United Nations Foundation to promote sustainable tourism. Expedia.com is an operating company of Expedia, Inc. (NASDAQ: EXPE).
Expedia.com is a registered trademark of Expedia, Inc. in the U.S. and/or other countries. Other logos or product and company names mentioned herein may be the property of their respective owners.
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