Hosting provider GoDaddy, aiming its web hosting services at SMBs globally, has appointed Aman Bhutani, previously President of Brand Expedia Group, as GoDaddy‘s new CEO, effective September 4th, 2019. Current GoDaddy CEO Scott Wagner will step down for health reasons. At the same time GoDaddy had reported a net loss of $12.6 million in its 2nd quarter results, while revenue for the quarter rose by 13.1 per cent
A nine-year veteran of Expedia Group Inc., Aman Bhutani most recently served as the President of Brand Expedia Group, the largest contributor to the company’s 19% annual growth over the last five years. The Brand Expedia Group encompasses the flagship Expedia brand, Travelocity, and Orbitz, among others. “GoDaddy’s extraordinary focus on constantly innovating and improving for its entrepreneurs has built a devoted and rapidly growing customer base,” said Aman Bhutani. “I look forward to working closely with everyone at the company to seize the vast opportunities that lie ahead.”
Scott Wagner, who will step down as CEO for health reasons, commented, “It has been a great privilege to lead GoDaddy and to have grown with the company for almost eight years. The Board and I have worked to identify a tremendous successor, and lay the groundwork for a smooth transition. Aman brings a wealth of experience to GoDaddy – an extraordinary track record in growing a scaled business, deep expertise in product and engineering, and strong delivery across go-to-market. Aman is an exceptional leader, and has created strong followings in every organization he’s led. He will fit in well with GoDaddy’s culture, while drawing upon his comprehensive skills, mindset and experience to lead the company into the future.”
Product Development and Engineering
In his prior role as Chief Technology Officer (CTO) and Senior Vice President of Engineering, Aman Bhutani led the vision and development of a single global technology platform designed to support multiple brands and partners, serving 90 million monthly unique visitors and driving more than $50 billion in annual gross bookings value. Under his leadership, Brand Expedia grew revenue healthy double digits through a mixture of organic and inorganic growth. The organic growth strategy was driven by extending the product portfolio, offering more options to travelers, and improving the efficiency and effectiveness of a $1 billion annual performance market spend through automation and machine learning.
“Aman is a proven, extraordinary leader with a strong track record at Expedia for delivering operational excellence in a complex, global business,” said Chuck Robel, Chair of the GoDaddy Board of Directors. “His extensive knowledge and experience in product and engineering teams, and his belief in culture and leadership as differentiators will serve GoDaddy well. We are extremely grateful for Scott’s vision and leadership – he’s delivered incredible value to customers, employees and shareholders over a sustained period of time. Scott is a stellar strategist and operator, a genuine person and is universally respected. We are incredibly sad to see Scott step down but fully understand and support his decision.”