February 5, 2023

Eurocean 2004

Life is an adventure

TripAdvisor CEO Stephen Kaufer stepping down in 2022

AFTER leading TripAdvisor for more than 20 years as its co-founder and CEO, Steve Kaufer will step down from his position in 2022.

“Steve has been the driving force at Tripadvisor since its launch in 2000. His contributions to the consumer’s travel experience are immeasurable, and his vision has resulted in the Tripadvisor we know today,” said Greg Maffei, TripAdvisor chairman of the board, in a statement on November 8 announcing Kaufer’s upcoming retirement.

Kaufer co-founded the Needham-based travel technology company in 2000 with the mission to help travellers around the world plan and book the perfect trip.

“Over the past 21 years, under his
leadership, the company has grown into the largest travel site in the world,
with employees in over 20 countries and operating localized travel sites in
over 40 markets,” said TripAdvisor.

The company has initiated an open search for Kaufer’s successor. “We are fortunate to already have excellent internal candidates, and we will complement this with an external search to ensure we get the best leader for Tripadvisor,” Maffei disclosed.

Kaufer will remain in his role until a successor is appointed.

“We come to the close of 2021 in a strong position – travellers are returning as we exit the pandemic, exciting new initiatives are well on their way, and we continue to leverage our strengths as we evolve Tripadvisor for the future,” said Kaufer.

“Given our strong position, the
talented teams driving our plans forward, and after over 20 years at
Tripadvisor, I believe now is the best time to announce my plans to step away
from the company next year.  I have such respect and appreciation for all
the teams over the years who have made this company what it is today, and
remain devoted to continuing to guide the Tripadvisor family as CEO until the
transition is complete.”

Featured image: Steve Kaufer during his visit to Singapore in 2017.