Travel management company Egencia today announced that president Jean-Pierre Remy will leave the company to become CEO of a large European company outside of the travel industry, effective May 15. Egencia North America senior vice president Rob Greyber will fill the top post.
Greyber joined Egencia in 2007 when he migrated from Expedia's partner services group, where he was responsible for airline relationships. Remy noted the sustained business continuity by installing an internal successor.
"I've made a lot of my decisions in running Egencia with my leadership team and especially with Rob," Remy told Business Travel News
. "You should expect that the company will continue to follow the trajectory and follow the main initiatives that the company has been working on for a few years now."
Vice president of Asia/Pacific and global partnership Pamela Keenan Fritz will replace Greyber as senior vice president of North America. Keenan Fritz has overseen Egencia launches in Australia, China and India. Christophe Pingard continues to serves as senior vice president and managing director of Egencia Europe.
Remy, a pioneer of European online travel management, became president of then-Expedia Corporate Travel in 2006, after leading the company's European operations since 2004. That's when Expedia parent IAC/InterActive Corp. acquired Remy's French online travel agency, the original Egencia.
"I put a lot if not all of my passion and energy into it over the last 10 years," Remy told Business Travel News
. "I could only leave this company for a very exciting challenge. It wasn't an easy decision."
Remy added, "When I started back in the end of 1999 and early 2000, no one in the industry really believed that online technology and technology as a whole could revolutionize the corporate travel industry like it did. My biggest achievement has been to lead this revolution from the very beginning and to change the way companies manage travel."
As Egencia has grown, so has its international ambition. Remy told BTN
last year that the TMC derives more than more than half of its revenue from outside the United States.
Even with a slowed global economy, the company continues to pursue more international points of sale with a "strong interest" in Asia/Pacific and Europe, according to Greyber.
"Business in Europe as well as around the world continues to make progress and continues to contribute substantially to the worldwide Egencia business over time," Greyber said. "The reason for that is that clients in Europe are continuing to adopt and pursue more innovative strategies to manage business travel than they did before."
Meanwhile, the company last week reported an 18 percent year-over-year decrease in gross bookings and a 9 percent revenue decline for the first quarter of 2009 (BTNonline, April 30)
. As part of a global reorganization, it was the first time Expedia has broken out Egencia earnings from other business segments.