Mark Okerstrom

Okerstrom was born in Vancouver, British Columbia, and is the son of two school teachers.[1]

Okerstrom earned a certificate of liberal arts from Simon Fraser University in 1995, a Juris Doctor from the University of British Columbia in 1998, and a Master of Business Administration from Harvard Business School in 2004.[2][3]

In his early career, Okerstrom was an associate at the law firms Fasken Martineau and Freshfields Bruckhaus Deringer from 1998 to 2002.[2][3][4] In 2003, he became an associate at investment bank UBS in London.[3][5] Okerstrom later became a consultant at Bain & Company in Boston and San Francisco from 2004 to 2006, handling mergers and acquisitions.[1][3][6][4] Okerstrom was recruited[3] to join Expedia Inc. in 2006 as head of Expedia's corporate development and strategy group.[1][2] He later served as senior director of operations, executive vice president of operations, and then became Expedia's chief financial officer in 2011.[2][3][7] During his tenure, the company doubled its annual revenue from 2012 to almost $8.8 billion in 2016.[5] Okerstrom served as the main negotiator in the company's investment stake in Trivago, and led the company's acquisitions of Travelocity and Wotif.[6]

In August 2017, Okerstrom became CEO of Expedia, succeeding Dara Khosrowshahi.[7][8] He also serves on the board of directors.[7] Okerstrom led the rebrand of Expedia, Inc. to Expedia Group in 2018.[5][9]

According to the New York Times, Okerstrom was 23rd on the list of the highest paid CEOs of companies with revenues of at least $1 billion for 2017.[10]

On December 4, 2019, Okerstrom and his CFO Alan Pickerill resigned from their respective roles at Expedia Group due to a difference of opinion on strategic alignment with the board.[11]

On August 27, 2020, Mark joined Seattle-based digital freight startup Convoy as President, COO. [12]

Okerstrom is married and has two daughters.[2]