to repay $110 million in COVID-19

Dutch politicians had criticized 2020 total compensation for CEO Glenn Fogel and CFO David Goulden

Apr 15, 2024

Booking Holdings Inc. on Friday said it will repay $110 million in assistance it received from governments during the COVID-19 pandemic, following criticism in the Dutch parliament about the company's 2020 executive pay.

In a filing with the U.S. Securities and Exchange Commission, the company said it would repay some $110 million it had received from various governments, including $78 million in the Netherlands, home of its largest subsidiary.

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