Markets

TripAdvisor Appoints Cimpress Executive Teunissen as CFO

TripAdvisor Inc.TRIP recently named Ernst Teunissen as the new Chief Financial Officer (CFO) replacing Julie Bradley. He will take office on Nov 9.

Teunissen is currently the CFO and an executive vice president at Cimpress N.V. (CMPR), where he has been working since May 2009. He will look after TripAdvisor's global finance operations including accounting, investor relations, tax, corporate development and real estate.

In his illustrious career, Teunissen has served in numerous financial capacities in well-known organizations, including Manifold Partners and ThreeStone Ventures Limited. He has also been a consultant at Monitor Company, a global strategy consulting firm, in Europe and Asia.

Teunissen's vast experience is expected to help TripAdvisor achieve its targets.

The online travel research company has built a strong portfolio through acquisitions and product introductions. This, in turn, has increased page views per visitor since users now spend more time on its website.

Such investments are surely expected to add to TripAdvisor's top line which is being hurt by unfavorable currency translations, higher sales and marketing costs as well as advertising expenses. However, over the long run, the company is well positioned to grow given its expanding user base, improving margins and increasing monetization of social and mobile platforms.

Stocks to Consider

Currently, TripAdvisor has a Zacks Rank #3(Hold). Some better-ranked stocks in the same space are JD.com, Inc. JD , Priceline Group Inc. PCLN and Expedia Inc. EXPE . While JD.com sports a Zacks Rank #1 (Strong Buy), Priceline and Expedia carry a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

EXPEDIA INC (EXPE): Free Stock Analysis Report

PRICELINE.COM (PCLN): Free Stock Analysis Report

TRIPADVISOR INC (TRIP): Free Stock Analysis Report

JD.COM INC-ADR (JD): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

TRIPEXPEJD

Other Topics

Stocks

Latest Markets Videos

Zacks

Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.

Learn More