Booking Holdings Inc
NASDAQ:BKNG

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Booking Holdings Inc
NASDAQ:BKNG
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Price: 5 122.94 USD 1.18%
Market Cap: 169.6B USD
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Booking Holdings Inc
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Booking Holdings Inc. stands as a formidable titan in the realm of online travel services, orchestrating a global network that seamlessly connects travelers with a myriad of accommodation and transportation choices. Born out of the internet revolution, it has cemented its place as a leader by acquiring and nurturing a portfolio of brands that resonate strongly within the travel industry. Brands such as Booking.com, Priceline, and Agoda form a considerable part of its operational core, catering to diverse customer needs. These platforms aggregate vast inventories of hotels, apartments, and alternative accommodations, offering travelers a user-friendly interface to compare prices, read reviews, and make reservations all in a few clicks. By harnessing cutting-edge technology and innovative data analytics, Booking Holdings not only refines the user experience but also optimizes its revenue streams through dynamic pricing models and enhanced personalization.

The company’s revenue primarily flows from commissions and service fees charged on bookings made through its platform. This business model allows Booking Holdings to benefit without the traditional overhead associated with owning physical assets. In addition, the company generates income through advertising, as hospitality providers and transportation companies seek to gain visibility amongst millions of potential customers. The fluctuating currency exchange rates and the ever-evolving landscape of the global travel sector pose certain challenges; however, Booking Holdings continues to thrive by strategically positioning itself in emerging markets and consistently investing in technology. This focus ensures they remain well-equipped to adapt and innovate in the fast-paced and competitive world of online travel services.

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Management

Mr. Glenn D. Fogel
President, CEO & Director

Glenn D. Fogel is the President and Chief Executive Officer of Booking Holdings Inc., a position he has held since January 2017. Booking Holdings is the world's leading provider of online travel and related services, operating in over 220 countries and territories through six primary consumer-facing brands: Booking.com, KAYAK, Priceline, Agoda, Rentalcars.com, and OpenTable. Before becoming CEO, Fogel was the company's Head of Worldwide Strategy and Planning and Executive Vice President of Corporate Development. In these roles, he played a crucial role in the company's acquisitions and growth strategies, overseeing major acquisitions that significantly expanded the company’s portfolio and global presence. Prior to joining Booking Holdings (formerly known as Priceline Group) in 2000, Fogel worked in investment banking, most notably at UBS, and as a practicing attorney. Fogel is a strong advocate for technological advancement in the travel industry and has emphasized the importance of innovation and customer focus in maintaining Booking Holdings' leading position in the market. Under his leadership, the company has continued to expand its services and explore new technologies, including artificial intelligence and machine learning, to enhance the customer experience. Fogel holds a Bachelor’s Degree in Economics from the University of Pennsylvania and a Juris Doctor from Harvard Law School. His leadership has been instrumental in driving Booking Holdings' strategy and maintaining its position as a leader in the online travel space.

Mr. Peter J. Millones Jr.
Executive VP & General Counsel

Peter J. Millones Jr. serves as the Executive Vice President and General Counsel for Booking Holdings Inc., one of the leading players in the online travel and related services sector. He has been with the company since January 2001, playing a crucial role in overseeing all legal, regulatory, and governance matters associated with the company's global operations. In his capacity as General Counsel, Millones is responsible for managing the company's legal affairs, including mergers and acquisitions, compliance, intellectual property, and corporate governance. His leadership helps navigate the complex legal landscape of the online travel industry. Before joining Booking Holdings, Millones worked at the law firm Debevoise & Plimpton, focusing on securities, mergers, acquisitions, and corporate governance. He holds a J.D. from the University of Virginia School of Law and a bachelor's degree from Dartmouth College. Through his expertise and stewardship, Millones contributes significantly to the strategic direction and success of Booking Holdings Inc.

Mr. Paulo Pisano
Chief Human Resources Officer

Paulo Pisano is a prominent executive known for his role as the Chief Human Resources Officer at Booking Holdings Inc. He joined the company in this capacity in November 2019. With an extensive background in human resources and organizational management, Pisano plays a crucial role in overseeing the company's global HR strategy. Before joining Booking Holdings, Paulo Pisano had a successful career in the HR domain across different industries. He served as the Chief People Officer at Galp, the leading energy company in Portugal. He also held significant positions at businesses such as Vodafone and Unilever, where he gained considerable experience in human resource management at an international level. Paulo Pisano is acknowledged for his expertise in managing large, diverse teams and has been instrumental in driving HR initiatives that align with business goals. His strategic approach focuses on promoting a positive work culture, enhancing employee engagement, and fostering talent development, which are critical aspects of maintaining Booking Holdings' reputation as a leading player in the digital travel industry. His educational background includes degrees in both management and law, providing him with a broad perspective on business and organizational dynamics. Pisano's leadership in HR continues to make a significant impact, contributing to Booking Holdings' ongoing success and innovation in the travel sector.

Mr. David I. Goulden
Executive Vice President of Finance

David I. Goulden is a seasoned business executive known for his extensive expertise in the technology and financial sectors. He serves as Executive Vice President and Chief Financial Officer of Booking Holdings Inc., a leading player in the global travel and online accommodations industry. Before joining Booking Holdings, Goulden amassed significant leadership experience at Dell Technologies, where he held various critical roles. His positions included serving as President of the Infrastructure Solutions Group and Chief Financial Officer. Prior to Dell, he was deeply involved with EMC Corporation, which became part of Dell through acquisition, where he served as CEO of the Information Infrastructure business and as CFO, among other leadership roles. Goulden’s career began at Unisys Corporation, where he spent over a decade developing his expertise in business development and finance. Throughout his career, he has been recognized for his strategic financial management, operational insight, and leadership capabilities. His educational background includes a Bachelor's degree in Physics from Durham University in the United Kingdom, providing a strong foundation in analytical and problem-solving skills. David I. Goulden's vast experience and leadership qualities make him a critical asset to Booking Holdings as they navigate the dynamic travel industry landscape.

Mr. Ewout Lucien Steenbergen
Executive VP & CFO

Ewout Lucien Steenbergen is a recognized leader in the finance sector, serving as the Executive Vice President and Chief Financial Officer (CFO) of Booking Holdings Inc. With extensive experience in financial management and strategic planning, Steenbergen plays a pivotal role in guiding the financial strategy and operations of the company. Before joining Booking Holdings, he held prominent positions in other major corporations, showcasing his acumen in financial leadership. Steenbergen's expertise has been instrumental in fostering growth and ensuring financial stability within the organizations he has been part of. His contributions to Booking Holdings are integral to the company's success in the global online travel and related services markets.

Ms. Susana D'Emic CPA
Senior VP, Chief Accounting Officer & Controller

Susana D'Emic is the Chief Financial Officer (CFO) at Booking Holdings Inc., a leading provider of online travel and related services. She has an extensive background in finance, accounting, and corporate strategy. As a Certified Public Accountant (CPA), she brings a wealth of expertise in financial planning, financial reporting, and operational management to her role at the company. Before joining Booking Holdings, Susana D'Emic held various significant positions in other companies, contributing to their financial strategies and growth. Her leadership and financial acumen play a crucial role in driving the financial stability and strategic direction of Booking Holdings Inc.

Mr. Michael Noonan
IR Contact

As of the latest available information, Michael Noonan serves as the Executive Vice President and Chief Financial Officer (CFO) of Booking Holdings Inc., a leader in online travel and related services. Noonan is responsible for overseeing the company’s global financial operations, including financial planning, reporting, and strategic analysis. Before joining Booking Holdings, Michael Noonan accumulated extensive experience in finance and leadership roles. He served in pivotal positions at Electronic Arts, most recently as Senior Vice President of Finance. His career is marked by a strong focus on corporate finance, investor relations, and strategic business partnerships. Noonan holds a Bachelor’s degree from Santa Clara University and an MBA from the University of California, Berkeley. Known for his strategic vision and expertise in financial management, he plays a crucial role in driving Booking Holdings’ financial strategy and supporting its mission of empowering travelers worldwide.

Ms. Leslie Cafferty
Head of Communications

Leslie Cafferty is the Senior Vice President and Head of Global Communications at Booking Holdings Inc., a leading provider of online travel and related services. In her role, she is responsible for managing and overseeing all aspects of communications across the organization, which includes public relations, corporate communications, and internal communications strategies. Leslie plays a significant role in shaping the company's public image and ensuring effective communication with stakeholders, including the media, investors, and employees. Before joining Booking Holdings, Leslie Cafferty accumulated extensive experience in communications and public relations, working with various industries to help organizations build and maintain their reputations. Her expertise and leadership contribute to the company's efforts in navigating the dynamic travel industry.

Mr. Brett A. Keller
Chief Executive Officer of Priceline

Brett A. Keller is the Chief Executive Officer of Priceline, a subsidiary of Booking Holdings Inc., a leading provider of online travel and related services. Keller has been with Priceline since 1999 and assumed the role of CEO in 2016. During his tenure, he has held various positions, including Chief Marketing Officer and Chief Operating Officer. With a strong background in marketing and strategic growth, Keller has significantly contributed to the company's expansion and success in the competitive online travel industry. Under his leadership, Priceline has focused on enhancing customer experience through technology and innovation. Keller holds a Bachelor of Science degree from the University of Utah and an MBA from the Tuck School of Business at Dartmouth College. His strategic vision and leadership skills have been instrumental in driving the company's continued growth and adaptation to the evolving travel landscape.

Mr. Daniel Stephen Hafner
Chief Executive Officer of KAYAK

Daniel Stephen Hafner is a prominent figure in the travel and technology industry, known for his leadership at Booking Holdings Inc. He serves as the Chief Executive Officer of OpenTable, a position through which he has significantly influenced the digital reservation platform. OpenTable, a subsidiary of Booking Holdings Inc., provides online real-time restaurant-reservation services. Under Hafner's leadership, OpenTable has expanded its reach and enhanced its technology to improve customer and restaurant experiences. Before his time at OpenTable, Hafner co-founded Kayak in 2004, another subsidiary of Booking Holdings, where he played an instrumental role in revolutionizing how travelers search for and book accommodations and flights online. His tenure at Kayak saw the company's remarkable growth, and it eventually went public in 2012 before being acquired by Booking Holdings. Hafner is praised for his strategic vision and ability to leverage technology to connect consumers with travel and hospitality services. His career reflects a commitment to innovation, which has been a driving force in the transformation of digital services in the travel industry. With a background in both technology and entrepreneurship, Hafner continues to shape the future of travel services by focusing on enhancing user experiences and operational efficiencies within the digital ecosystem.

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