Tripadvisor CEO, CFO to Exit Amid Turnaround Challenges

Tripadvisor has announced that Chief Executive Officer (CEO) Matt Goldberg will step down in February 2027, while Chief Financial Officer (CFO) Michael Noonan will resign by the end of 2026, as the online travel company navigates stagnating sales, intensifying AI-driven competition and challenges in its core hotel-search business.

Goldberg has served as President and CEO of Tripadvisor since July 2022. Before joining the company, he held senior leadership positions at The Trade Desk, News Corp and Qurate. He also served as CEO of Lonely Planet for nearly five years. Earlier in his career, he held leadership roles in media and technology, mergers and acquisitions, and strategic alliances. Goldberg holds an MBA from Stanford University, an MA in International Studies from the University of Melbourne and a BA in English from Cornell University.

Noonan joined Tripadvisor as CFO in November 2022. Prior to this, he served as CFO of Noom from October 2020 to November 2022 and held senior finance and investor relations positions at Booking Holdings between 2016 and 2020. His earlier career includes leadership roles at RBC Capital Markets, NYSE Euronext, J.P. Morgan and Bear Stearns.

The company’s Board is working with an external search firm to identify potential candidates to lead Tripadvisor through its next phase. Alongside the leadership changes, the company plans to cut approximately 425 employee and contractor positions in its Hotels & Other segment as part of its ongoing restructuring.