Tripadvisor, Inc. (NASDAQ: TRIP), founded in 2000 by Steve Kaufer, grew into one of the internet’s beloved consumer brands serving 450 million users worldwide
At the end of 2021, founder/CEO Kaufer announced his resignation and the start of a search for his successor
Tripadvisor’s board, led by controlling shareholder Liberty Media and Liberty’s CEO Greg Maffei, selected Elevate Talent to conduct the global search
GOALS
A smooth succession process for a beloved founder/leader
New generation of leadership who combines scaled consumer internet skills with expertise in multi-sided businesses
A priority on growth after Covid headwinds on the travel sector and the slower than hoped debut of Tripadvisor’s new subscription business
PLACEMENT
Matt Goldberg, Chief Executive Officer, Tripadvisor
Matt Goldberg has served in various leadership roles in the digital content, media and entertainment, and travel industries, and in both B2B and direct-to-consumer models at companies such as News Corp, Liberty Interactive Corp, Lonely Planet, and Dow Jones.