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Priceline promotes CEO
Jeffery Boyd becomes sole CEO of name-your-own-price Web site.
November 25, 2002: 5:37 PM EST

NEW YORK (CNN/Money) - Online travel Web site Priceline.com said Monday it promoted Jeffery H. Boyd as the company's sole chief executive officer. He takes control immediately of one of Internet boom's few survivors.

Boyd, 46, was Priceline's president and shared CEO duties with Chairman Richard S. Braddock, who will continue as chairman, the company's board of directors said in a statement.

Jeffery H. Boyd  
Jeffery H. Boyd

Boyd joined Priceline.com in January 2000, when Priceline shares traded as high as $66. They went on to tumble with the rest of the Internet sector. But Priceline still outlasted Internet companies like Pets.com.

Shares of Priceline (PCLN: Research, Estimates), based in Norwalk, Conn. rose 11 cents to $1.91 Monday ahead of the Boyd news.

Before joining Priceline.com, Boyd was executive vice president and general counsel for Oxford Health Plans (OHP: Research, Estimates).  Top of page




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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.