After a 4-year break from the corporate world, Scott Schenkel is back in the C-suite, this time as Chief Financial Officer (CFO) at travel company Expedia. In 2019, eBay’s then CFO Scott Schenkel was forced to take the helm as Interim CEO after the abrupt departure of Devin Wenig, and he stayed until Wenig’s permanent replacement, Jamie Iannone, took over in 2020.
As eBay CFO, Schenkel had been dealing with the enormous challenge of defending eBay from activist investor Elliott Management after it targeted the company in January of 2019. By September, Schenkel faced the unprecedented challenge of dealing with the federal criminal cyberstalking investigation into the company after Wenig’s ouster that month.
Just 5 months later, Schenkel was dealing with another unprecedented challenge: managing a workforce that was suddenly working remotely due to the covid pandemic, and coping with the impact on buyers and sellers.
After Iannone took over as eBay CEO in April 2020, Schenkel stayed on as Senior Advisor during a transition period through June 19, 2020.
While Schenkel serves on board seats for other companies including Pinterest, the new role as CFO at Expedia is his first position since 2020, according to his LinkedIn profile.
Expedia’s press release stated the following about its incoming CFO:
“Mr. Schenkel has more than 30 years of global business and financial leadership expertise across e-commerce, healthcare, and technology businesses. As an operationally focused CFO, his experience spans company, business unit and functional leadership with extensive knowledge in financial planning, analytics, strategy, audit, mergers and acquisitions, integration, and process improvement.”
He will officially join Expedia in February 2025.
LMFAO
“Unprecedented Challenges” ??
Hes an eBay bozo who couldnt keep his pet Devin under control.
Devin had to quit or face the courts – for sending out a hit team on innocent people (who themselves never said a bad word about the SJM)
“As eBay CFO, Schenkel had been dealing with the enormous challenge of defending eBay from activist investor Elliott Management after it targeted the company in January of 2019”
He wasn’t TARGETED. He was insistent that eBay stay the same old sloppy company, running on pre 2000 ideals of %100 squashing small sellers and cutting back room deals with large sellers and manufactures instead of actually trying to grow the company – something he was unable to do and ill equipped to handle
“5 months later, Schenkel was dealing with another unprecedented challenge: managing a workforce that was suddenly working remotely due to the covid pandemic, and coping with the impact on buyers and sellers”
Covid-19 kept eBay afloat those years and was “the best thing that ever happened to the company besides its “ability” to skirt federal local and state laws.
There was nothing he needed to do besides sit back and collect the money that kept rolling in. Government stimulus money and bored people, found eBay a good way to spend time and extra cash.
As a seller in those days, no quarter was given to sellers who still needed to purchase, sell, pack and get items delivered in those days.
The head ringleader here did nothing to make ANY changes or correct/guide anything.
Good luck to Expedia they will need it. Priceline works just as well as does skyscanner and others.
C Suite indeed, as hes not A suite material