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Priceline CEO quits over personal relationship with employee

Former CEO and current chairman Jeffery Boyd will serve as interim CEO.

CNBC

Priceline Group CEO Darren Huston had resigned, effective immediately, following an investigation related to a personal relationship that he had with an employee who was not under his direct supervision.

The investigation determined that Huston had acted contrary to the company’s code of conduct and had engaged in activities inconsistent with the board’s expectations for executive conduct, which Huston acknowledged and for which he expressed regret.

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This article originally appeared on Recode.net.

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