'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
'I am excited about the opportunity to lead this exceptional company together with the leadership team,' said Axel. 'Since joining trivago, I have seen the entrepreneurial spirit Rolf led with, and how it drove our culture and employees to be some of the most dedicated and passionate people I have had the privilege to work with. Together, we will build on the journey Rolf started and lay the foundation for 2020 and beyond, as we enter this new phase of innovation and growth for our employees, customers, partners and shareholders. I also want to congratulate Matthias on his new position. He has played an instrumental role as part of our leadership team, and becoming CFO is a natural next step for him and trivago. I've seen him grow tremendously throughout his years here, earning the respect of our employees, customers and shareholders. I am looking forward to working even more closely with him in this next chapter.'
Hefer joined trivago in 2016 as Managing Director and CFO leading the company through its initial public offering. Hefer also drove strategy for trivago's marketplace for advertisers, overseeing the international marketing team and more recently leading advertiser relations. Prior to joining trivago, Hefer was COO and CFO of
Effective
In a separate news release, trivago also reported its third quarter business results.
Contacts:
Press Contact:
Investor Relations: ir@trivago.com
Forward looking statements
This press release contains certain forward-looking statements. Words, and variations of words such as 'believe,' 'expect,' 'plan,' 'continue,' 'will,' 'should,' and similar expressions are intended to identify our forward-looking statements. These forward-looking statements involve risks and uncertainties, many of which are beyond our control, and important factors that could cause actual events and results to differ materially from those in the forward-looking statements. For additional information factors that could affect our forward-looking statements, see our risk factors, as they may be amended from time to time, set forth in our public filings with the
As used herein, references to 'we', 'us', the 'company', or 'trivago', or similar terms shall mean trivago N.V. and, as the context requires, its subsidiaries
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