CEO of AirAsia Expedia, Kathleen Tan, has resigned from her position and as of yesterday stepped down from the AirAsia Expedia board.
Tan had been appointed to lead AirAsia Expedia, the joint venture between Expedia and AirAsia, as CEO in January 2013, but had been serving on the board of directors since the company’s inception in 2011.
“We are deeply appreciative of the contribution Kat has made to the business in Asia,” said Dara Khosrowshahi, CEO and president, Expedia. “She brought a deep understanding of the Asian travel markets and drove aggressive growth for us across many of the key markets.”
“Kat was an integral part of the leadership team that helped propel AirAsia into success and I knew she would do the same for AirAsia Expedia. She did just that and more,” said Tony Fernandes, AirAsia Group CEO.
“Under her leadership, AirAsia Expedia has seen significant growth in both brand awareness and revenue. Her departure from AirAsia Expedia will be a big loss for the group but on behalf of the AirAsia family, I would like to thank Kat for her tremendous contributions. We wish her continued success in her future endeavours.”