NEW DELHI, Nov. 6 -- trivago N.V. (NASDAQ: TRVG) announces that after nearly 15 years as Managing Director and Chief Executive Officer of the company he co-founded in 2005, effective December 31, 2019, Rolf Schromgens will be leaving the CEO and Managing Director positions and joining trivago's Supervisory Board. On that date, Axel Hefer will take over as CEO, and Matthias Tillmann, Senior Vice President and Head of Corporate Finance, will become the new CFO, succeeding Hefer according to the report published in www.hospitalitynet.org

"It's every founder's goal to be able to create a company and team that you are confident in passing along to the next generation," said Schromgens. "In the last years, we have been leading trivago together...