Industry Update
Appointment 6 November 2019

Axel Hefer

Promoted Managing Director & CEO
At trivago in New York - NY, USA

Axel Hefer

trivago N.V. (NASDAQ: TRVG) announces that after nearly 15 years as Managing Director and Chief Executive Officer of the company he co-founded in 2005, effective December 31, 2019, Rolf Schrömgens will be leaving the CEO and Managing Director positions and joining trivago's Supervisory Board. On that date, Axel Hefer will take over as CEO, and Matthias Tillmann, Senior Vice President and Head of Corporate Finance, will become the new CFO, succeeding Hefer.

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 Home24 AG, an online home furniture and decor company, and managing director of One Equity Partners, the Private Equity Division of J.P. Morgan Chase. Tillmann joined trivago in 2016 and has held a variety of leadership responsibilities in the finance department: he most recently co-led the team as SVP, Head of Corporate Finance and prior to that was Head of Strategy and Investor Relations. He also played an integral part in the company's IPO. Prior to joining trivago, he was a senior investment banker at Deutsche Bank.

trivago

Travellers find the ideal hotel for the best rate on trivago. The online service compares the hotel rates of 53 booking sites for 400,000 hotels worldwide. Additionally trivago has integrated over 15 million hotel reviews and shows the overall rating for each hotel.
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Recent Appointments at trivago

James Carter - Chief Product and Technology Officer

23 July 2019 — trivago N.V. (NASDAQ: TRVG) a leading global hotel search platform, announced that James Carter has joined the company as its Chief Product and Technology Officer. In this new role, Carter joins the trivago leadership team as the head of hotel search.
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