Tripadvisor names Matt Goldberg CEO; Q1 revenue $262M, net loss narrows to $34M

TripAdvisor, Inc.

Matt Goldberg named CEO, succeeding co-founder Stephen Kaufer; effective July 1, 2022.
Q1 2022 revenue $262M (up 113% YoY); GAAP net loss $34M vs $80M loss a year ago.
Adjusted EBITDA turned positive to $27M vs -$26M; free cash flow $72M.
Goldberg receives base salary $800K, signing bonus $500K, and equity awards valued at ~$13M.
Steve Kaufer to serve as consultant through July 2024; certain unvested equity continues to vest.

item 2.02 item 5.02 item 9.01

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Appointed

Matthew Goldberg

President and Chief Executive Officer

TRIP · TripAdvisor, Inc.

Effective: 2022-07-01
Filed: May 4, 2022, 7:59 PM ET

On May 4, 2022, the Company announced that Matthew Goldberg will join the Company as President and Chief Executive Officer on or before July 1, 2022 (the “Effective Date”).

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Matthew Goldberg was appointed as President and Chief Executive Officer at TripAdvisor, Inc..

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

On May 4, 2022, the Company announced that Matthew Goldberg will join the Company as President and Chief Executive Officer on or before July 1, 2022 (the “Effective Date”).

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TripAdvisor, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-22-007372

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