trending Market Intelligence /marketintelligence/en/news-insights/trending/Y3e_MOnObwxcCYbskRhgzQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Priceline CEO resigns following investigation

Southeast Asian broadband providers report varying performance amid COVID-19

Cable networks react to pandemic by cutting SG&A, programming costs

Strong Competition Remains For Thailand Digital Terrestrial TV Channel

ITU: Regulators discuss impacts of COVID-19 on policymaking

Priceline CEO resigns following investigation

Darren Huston resigned as CEO of , effectiveimmediately.

Huston resigned following an investigation overseen byindependent members of the board over the facts and circumstances surrounding apersonal relationship that Huston had with an employee of Priceline who was notunder his direct supervision. The investigation determined that Huston hadacted contrary to the company's code of conduct and had engaged in activitiesinconsistent with the board's expectations for executive conduct, which Hustonacknowledged and regretted, the company said April 28.

As a result, Priceline Group appointed former CEO andcurrent Chairman Jeffery Boyd as interim chief executive and president of thecompany, while an independent committee of the board led by James Guyette, leadindependent director, will work to find a permanent replacement.

Additionally, Priceline tapped current Presidentand COO Gillian Tans to be CEO of, replacing Huston who also servedthe business unit as chief executive.