Interim CFO of Trivago Navigates Transition to Permanent CFO Robin Harries on April 1st

Kevin Hu, Head of Finance of Trivago N.V., will take on the interim CFO position before Robin Harries, a former company executive, returns as the permanent Chief Financial Officer in April, as per a recent filing with the Securities and Exchange Commission.

Trivago, based in Dusseldorf, Germany, disclosed in October that CFO Matthias Tillmann would step down from his role to pursue other interests after a four-year tenure, with Harries set to succeed him. Originally slated to remain until March 2024 for a smooth transition, Tillmann will now depart by December 31, as per the company’s filing.

Hu will serve as interim CFO from January 1, 2024, until March 31, with Harries taking over the permanent CFO role starting April 1. Furthermore, Harries will assume a temporary position on the management board effective April 1, per the filing. Harries previously worked at Trivago, joining in 2012 following Expedia Group’s acquisition of a 63% stake in the business.

During his previous six-year tenure at Trivago, Harries held various roles, including Global Head of Brand Marketing, and was integral in leading the company’s initial public offering in 2016. Presently, Harries serves on the board of German telecommunications company 1&1 Telecommunication SE.

Hu, who joined Trivago in 2017, previously held positions as Head of Financial Reporting from March 2021 to October 2023, following which he assumed the role of Head of Finance, according to his LinkedIn profile.

Hu’s appointment as interim CFO aligns with a trend where companies are increasingly considering interim executives, especially CFOs and controllers, to navigate transitions. Interim CFOs play a vital role in guiding companies through specific goals or challenges.

Amidst Trivago’s transition in leadership, the company is encountering challenges in financial performance, facing economic headwinds and declining revenues, notably reporting a 14% decline in revenue to €157.9 million for the third quarter ending September 30.

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