Booking.com to repay $110 million in COVID-19
Dutch politicians had criticized 2020 total compensation for CEO Glenn Fogel and CFO David Goulden
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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