TripAdvisor, Inc. has stated that Stephen Kaufer, the company’s co-founder, and long-time CEO, will step down in 2022. Stephen Kaufer will stay in the position until a successor is appointed
“We come to the close of 2021 in a strong position—travelers 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 Steve Kaufer, chief executive officer.
“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.”
Kaufer co-founded TripAdvisor in 2000 to assist tourists all around the world in planning and booking the perfect trip. Under his guidance, the firm has evolved into the world’s largest travel site, with workers in over 20 countries and specialized travel sites in over 40 regions.
TripAdvisor’s chairman of the board, Greg Maffei, noted, “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.”
The Board of Directors has launched an open search for Kaufer’s replacement. “We are fortunate to already have excellent internal candidates,” added Maffei, “we will complement this with an external search to ensure we get the best leader for TripAdvisor. We look forward to Steve’s continued guidance at the helm as we transition to TripAdvisor’s next exciting chapter.”