Hostelworld CEO Feargal Mooney steps down after 10 years at the helm
Feargal Mooney is stepping down as CEO and directive of Hostelworld after 16 years with the company.
After a decade at the helm, Mr Mooney will leave the role effective Monday, June 11 after the company's AGM.
Leading Hostelworld from start-up to PLC has been a real honour and I’ve loved every step along the way. It has been, and continues to be, a really fun and interesting business, and I’ve had the privilege of working with some enormously talented and supportive people over the years I’ve been here," said Mr Mooney.
Michael Cawley, Chairman of Hostelworld said that Mr Mooney's role in Hostelworld’s development has been crucial "and undoubtedly Hostelworld wouldn’t occupy its pre-eminent position in the market were it not for Feargal’s commitment and leadership".
"He leaves behind a business with significant competitive advantages and momentum. We wish him every success in his future endeavours," he said.
Expedia's Gary Morrison will become the new chief and director immediately after this meeting.
Mr Morrison has worked with Expedia for the last seven years in a number of roles, most recently as Head of its Retail Operations.
"Gary’s experience of the travel industry together with his track record of growth in an online marketing business make him an ideal choice to drive the business forward and deliver on our ambitious goals," Michael Cawley said.
Gary Morrison said he was honoured to take up the appointment.
"The Hostelworld Group has been very successful at delivering social travel experiences for almost 19 years, and I am looking forward to working with the Hostelworld team, the Board, Hostellers and our partners to deliver the next phase of growth," he said.