NEW YORK (AP) – Online travel booking company Priceline said Thursday that its CEO resigned after he had a personal relationship with an employee.
The employee was not under CEO Darren Huston’s direct supervision, Priceline said. But a company investigation found the relationship still violated Priceline’s code of conduct.
Huston “acknowledged” the relationship and “expressed regret,” Priceline said. A spokeswoman declined to provide more details about the relationship or the investigation.
The company is searching for a permanent successor. In the meantime, chairman and former CEO Jeffery Boyd will run the company as interim CEO and president. Boyd was president and CEO of The Priceline Group Inc. from 2002 to 2013.
Priceline’s headquarters are in Norwalk, Connecticut. Huston, however, worked out of the company’s Amsterdam office.
