Roy Gilbert

Founder and CEO Rolf Schromgens to Join trivago’s Supervisory Board and Transition CEO Position to Axel Hefer at Year End

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(GLOBE NEWSWIRE via COMTEX) — DUSSELDORF, GERMANY — November 5, 2019 – trivago N.V. TRVG, -0.29% announces that after nearly 15 years as Managing Director and Chief Executive Officer of the company he co-founded in 2005, effective December 31, 2019, Rolf Schromgens will be leaving the CEO and Managing Director positions and joining trivago’s Supervisory Board. On that date, Axel Hefer will take over as CEO, and Matthias Tillmann, Senior Vice President and Head of Corporate Finance, will become the new CFO, succeeding Hefer.

“It’s every founder’s goal to be able to create a company and team that you are confident in passing along to the next generation,” said Schromgens. “In the last years, we have been leading trivago together as a team, and I believe that Axel will fill the CEO role with the same passion and dedication as I have. I know he will continue to develop the organization and execute on the strategy the leadership team has put in place. As a member of the Supervisory Board, I look forward to working with Axel in a new way and support him and the company in this next chapter.”

“Rolf embodies what it means to be an entrepreneur; with an idea that started in a garage, he steered trivago to become one of the world’s most recognizable brands in travel. I am pleased that he will join the Supervisory Board and continue to help guide the future of trivago,” said Mark Okerstrom, CEO, Expedia Group (trivago’s majority shareholder) and […]

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