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Priceline CEO resigns after probe into employee relationship

FILE - In this Monday, July 9, 2007, file photo, Darren Huston, president of Microsoft Corp.'s Japan unit, gives business strategy for the new fiscal year at a news conference in Tokyo. On Thursday, April 28, 2016, Priceline said that CEO Huston resigned after he had a personal relationship with an employee. The employee was not under Huston’s direct supervision, the online travel booking company said. Huston had been CEO of Priceline for more than two years. He joined the company nearly five years ago from Microsoft Corp. (AP Photo/Shizuo Kambayashi, File)
FILE - In this Monday, July 9, 2007, file photo, Darren Huston, president of Microsoft Corp.'s Japan unit, gives business strategy for the new fiscal year at a news conference in Tokyo. On Thursday, April 28, 2016, Priceline said that CEO Huston resigned after he had a personal relationship with an employee. The employee was not under Huston’s direct supervision, the online travel booking company said. Huston had been CEO of Priceline for more than two years. He joined the company nearly five years ago from Microsoft Corp. (AP Photo/Shizuo Kambayashi, File) FILE - In this Monday, July 9, 2007, file photo, Darren Huston, president of Microsoft Corp.'s Japan unit, gives business strategy for the new fiscal year at a news conference in Tokyo. On Thursday, April 28, 2016, Priceline said that CEO Huston resigned after he had a personal relationship with an employee. The employee was not under Huston’s direct supervision, the online travel booking company said. Huston had been CEO of Priceline for more than two years. He joined the company nearly five years ago from Microsoft Corp. (AP Photo/Shizuo Kambayashi, File)

By Associated Press 2 min read

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.