Expedia says two execs dismissed after ‘violation of company policy’

Anthony Ha

Updated 20 May 2024 at 1:20 pm·1-min read

Expedia says Rathi Murthy and Sreenivas Rachamadugu, respectively its CTO and senior vice president of core services product & engineering, are no longer employed at the travel booking company.

In a statement shared with TechCrunch and other publications, Expedia said Murthy and Rachamadugu are “no longer employed at Expedia Group” due to an unspecified “violation of company policy.”

“We’re actively searching to fill these roles and remain confident in our technology, strategy, and employees,” the company said. "Due to confidentiality, we will not be making any further comments on the matter.”

Murthy’s and Rachamadugu’s departures appear to be unexpected. Murthy spoke to TechCrunch about the new AI-powered features announced earlier this week, and she reportedly gave a presentation on those features at an Expedia conference with business partners.

"Throughout my career, I’ve conducted myself with a commitment to the highest level of integrity," Murthy said in a statement. "I am proud of my work at Expedia and have endeavored at all times to serve the best interests of the company. I look forward to sharing my story at the appropriate time and setting the record straight.”

They both joined Expedia in 2021, coming from TechCrunch’s then-parent company Verizon Media (now Yahoo).

This isn’t the company’s only recent leadership change. Ariane Gorin, who was announced as Expedia Group’s new CEO in February, officially took over this week.

This post has been updated with a statement from Rathi Murthy.

The Telegraph
Investors are already getting out of Labour-landslide Britain
The FTSE 100 is hitting record highs. A constant stream of bids is pushing up share prices. There are even one or two new flotations, and of course we are about to elect a new government, with a huge mandate, committed to “stability” and “investment”.
The Telegraph
Death tax on pensions ‘a real threat’ under Labour
A pensions death tax is “a real risk” under Labour, industry insiders have warned.
Evening Standard
End of Issa brothers' close partnership as Zuber Issa exits Asda, quits as EG Group Co-CEO
The brothers had jointly built up a retail and petrol forecourt empire over years
The Argus
Nationwide giving £200 free cash to customers in new offer - see how to claim
Nationwide is giving customers £200 free cash as part of a new bank account switch offer - here's what to do to claim the money.
Business Insider
Stocks are about to hit a 'wall of money' that will drive the market to record highs in July, Goldman Sachs says
"The bar for being short equities right now is very high given these upcoming flow and random market dynamics," Goldman Sachs' Scott Rubner said.
Fool.co.uk
2 magnificent FTSE stocks that turned £20,000 into more than £1 million!
Our writer looks at two amazing FTSE shares that have turned a reasonably small sum of money into £1.2m-£5m over the past 20 years. The post 2 magnificent FTSE stocks that turned £20,000 into more than £1 million! appeared first on The Motley Fool UK.
PA Media: Money
Zuber Issa sells 22.5% stake in Asda to private equity group TDR Capital
Zuber and his brother Mohsin bought the supermarket from Walmart in 2020 with TDR’s backing.
Fool.co.uk
A 9.7% yield but down 36%! This FTSE 250 dividend superstar looks a hidden gem to me
FTSE 250 asset manager abrdn delivers one of the highest yields in any FTSE index, appears set for strong growth, and looks undervalued to me. The post A 9.7% yield but down 36%! This FTSE 250 dividend superstar looks a hidden gem to me appeared first on The Motley Fool UK.
Fool.co.uk
This growth stock could be the next member of the $1trn club
Jon Smith explains his pick to be the next company to be worth $1trn, with a growth stock that’s already up 23% over the past year. The post This growth stock could be the next member of the $1trn club appeared first on The Motley Fool UK.
Business Insider
I'm a multimillionaire who still chooses to rent my home. I just think it's smarter.
Tori Dunlap, a 29-year-old millionaire and financial expert, explains why she opts to rent rather than buy.
Fool.co.uk
2 dirt cheap growth stocks for investors to consider this June
Looking for great growth stocks at knock-down prices? Royston Wild discusses a top mining stock and a banking business that look dirt cheap. The post 2 dirt cheap growth stocks for investors to consider this June appeared first on The Motley Fool UK.
The Telegraph
Labour frontbencher fails to rule out property tax rises
A Labour frontbencher has left the door open to raising property taxes after the Tories challenged the party to rule out an increase.
Fool.co.uk
Should I buy more Diageo shares for my ISA in June?
This writer looks at the reasons for Diageo's malaise and asks whether he should take advantage of the dip to add more shares to his ISA. The post Should I buy more Diageo shares for my ISA in June? appeared first on The Motley Fool UK.
The Telegraph
Tracker mortgages now cheaper than fixed-rate deals
Tracker mortgages are now cheaper than fixed-rate deals as anticipation of the first Bank Rate cut in four years grows.
Fool.co.uk
1 penny stock I reckon has legitimate potential to soar
Despite a turbulent time recently, Sumayya Mansoor explains why she believes this under-the-radar penny stock could be a diamond in the rough. The post 1 penny stock I reckon has legitimate potential to soar appeared first on The Motley Fool UK.
Fool.co.uk
Down 10% in a day! The GSK share price looks like a once-in-a-decade bargain buy
Harvey Jones didn't waste a second before taking advantage of a sharp drop in the GSK share price on Monday. Then the doubts set in. The post Down 10% in a day! The GSK share price looks like a once-in-a-decade bargain buy appeared first on The Motley Fool UK.
Fool.co.uk
I’d buy cheap REITs with £500 to target a £500k nest egg
Investing regularly in carefully-chosen cheap UK REITs could help investors build significant wealth. Zaven Boyrazian explains how. The post I’d buy cheap REITs with £500 to target a £500k nest egg appeared first on The Motley Fool UK.
Fool.co.uk
Is this beaten down UK tech stock about to rocket like the Rolls-Royce share price?
Harvey Jones thinks the Rolls-Royce share price has gone as far as it can for now. Now he's looking elsewhere for some excitement. The post Is this beaten down UK tech stock about to rocket like the Rolls-Royce share price? appeared first on The Motley Fool UK.
Fool.co.uk
Should I reinvest my 10.7% yield from Phoenix Group Holdings into Greggs shares?
Harvey Jones is hungry for Greggs shares but doesn't have enough cash to buy them. Has he hit on an ingenious way of raising the funds? The post Should I reinvest my 10.7% yield from Phoenix Group Holdings into Greggs shares? appeared first on The Motley Fool UK.
The Guardian
Rachel Reeves under Labour pressure to raise capital gains tax to revive public services
After ruling out rises in VAT, income tax or national insurance, shadow chancellor said to be weighing other options to raise cash in an autumn budget

Who won the BBC election debate? Tell us what you think

Expedia says two execs dismissed after ‘violation of company policy’

Latest stories

Investors are already getting out of Labour-landslide Britain

Death tax on pensions ‘a real threat’ under Labour

End of Issa brothers' close partnership as Zuber Issa exits Asda, quits as EG Group Co-CEO

Nationwide giving £200 free cash to customers in new offer - see how to claim

Stocks are about to hit a 'wall of money' that will drive the market to record highs in July, Goldman Sachs says

2 magnificent FTSE stocks that turned £20,000 into more than £1 million!

Zuber Issa sells 22.5% stake in Asda to private equity group TDR Capital

A 9.7% yield but down 36%! This FTSE 250 dividend superstar looks a hidden gem to me

This growth stock could be the next member of the $1trn club

I'm a multimillionaire who still chooses to rent my home. I just think it's smarter.

2 dirt cheap growth stocks for investors to consider this June

Labour frontbencher fails to rule out property tax rises

Should I buy more Diageo shares for my ISA in June?

Tracker mortgages now cheaper than fixed-rate deals

1 penny stock I reckon has legitimate potential to soar

Down 10% in a day! The GSK share price looks like a once-in-a-decade bargain buy

I’d buy cheap REITs with £500 to target a £500k nest egg

Is this beaten down UK tech stock about to rocket like the Rolls-Royce share price?

Should I reinvest my 10.7% yield from Phoenix Group Holdings into Greggs shares?

Rachel Reeves under Labour pressure to raise capital gains tax to revive public services