Tripadvisor, Inc. announced today that its CEO, Matt Goldberg, will leave his roles as President and Chief Executive Officer and his seat on the Board of Directors.
Goldberg will remain in the role of CEO through February 16, 2027 to help ensure an orderly transition, the company said in a press release Monday.
Separately, CFO Michael Noonan announced his intention to resign to pursue another opportunity. Noonan will continue in his role through December 31, 2026.
Kristen Dalton will serve as interim Chief Financial Officer, beginning January 1, 2027. Dalton currently serves as the company’s Chief Strategy and Operations Officer and has held various roles at Tripadvisor since joining in October 2019 as Vice President of FP&A.
“On behalf of the Board, I want to thank Matt and Mike for their leadership,” said Jeremy Philips, Chair of the Board of Directors. “We are grateful for their past contributions, as well as their support over the coming months.” The Board is working with an executive search firm to identify candidates to guide the Company through its next chapter.
The news comes on the same day Tripadvisor released its Q3 financial results. Third-quarter revenue was $436.4 million, down 11% year over year, while the company reported a net loss of $316.9 million.
Tripadvisor shares jumped 10% in premarket trading following the announcements.
By CEO NA Editorial Staff
