The new CEO’s second act for the company may be a tough one to follow after Khosrowshahi’s tenure as CEO. In the past five years, Expedia’s stock has more than doubled and its semi-under-the-radar status as a company in Bellevue, Washington will now likely have a bit more scrutiny from the tech industry as its top executive has left to run one of the largest (and most controversial) startups in Silicon Valley. Okerstrom will also join the company’s board of directors, and Khosrowshahi will continue to be a member of Expedia’s board. Okerstrom has been at Expedia since 2006. He was the senior vice president of corporate development for five years before taking over the CFO role in 2011. During that time, he’s overseen deals like its massive acquisition of Airbnb competitor HomeAway. The company acquired HomeAway for $3.9 billion in 2015. Okerstrom seems like a natural successor, given that he has overseen Expedia during its recent run-up on Wall Street as well as his long tenure at the company. “Mark Okerstrom has been by my side through every major milestone in this Company for much of the last 11 years and I’m passing these reins into the best hands,” Khosrowshashi said in a statement in the announcement. “He is a tireless, strategic, and steadfast leader who has pushed me to be my best self while having Expedia’s best interests front and center at every step. I am incredibly excited to watch Expedia continue to flourish with his leadership.” Get the full story at TechCrunch