Travel metasearch company Trivago said on Tuesday that Johannes Thomas had become CEO and Managing Director, succeeding Axel Hefer, as the company struggles to return to its pre-IPO glory days.
Thomas began at Trivago as an intern and rose to become the company’s chief revenue officer, with a specialty in business operations and strategy.
Other executive changes include included Jasmine Ezz becoming chief marketing officer and Andrej Lehnert becoming chief product officer.
At $1.20 a share on Tuesday, Trivago is in danger of seeing its share price go below $1 and becoming de-listed if it doesn’t turn around its financial trajectory.
For context, read this month's Skift article: Trivago’s Returns Take a Hit as Company Invests in Direct Connection ToolBreaking News Blog
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