CFO Thought Leader: When the opportunity to help lead Expedia’s corporate travel business arose, Regi Vengalil knew that this was exactly the role that he had been seeking in order to put his CFO career on a new and better track. Stepping into this CFO position meant overseeing a business unit with $600 million in revenue and $120 million in EBITDA—and Vengalil was eager to take on the challenge. Prior to this, he had been leading a team of strategy and M&A professionals, but the new position would offer a much broader scope of responsibility.
As Vengalil recalls: “This was a way for me to jump with both feet into an opportunity to use many of my skills, as it wasn’t just a pure FP&A role. I had had experience in commercial finance, accounting, systems, and financial operations—so, here was a full CFO role with a global team that I still knew very well because I had led strategy for the company.”
Listen to the full podcast here: https://cfothoughtleader.com/cfopodcasts/1037-optimizing-growth-and-margins-a-cfos-strategic-playbook-regi-vengalil-cfo-trax-retail/
