graphic  
graphic
News > Companies
graphic
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




  More on NEWS
Striking Verizon workers score raise and bonuses
Viacom directors dig in for fight for control of media giant
A second Zurich Insurance executive has committed suicide
  TODAY'S TOP STORIES
You need to earn $144,196 to afford a home here
Stocks: 5 things to know before the open
Viacom directors dig in for fight for control




graphic graphic