The Expedia subsidiary Egencia announced Wednesday that its president and founder Jean-Pierre Remy is leaving the company for a CEO position at a European corporation.

Rob Greyber, the senior vice president of Egencia North America will become the new president.

Pamela Keenan Fritz, vice president of Asia Pacific and Global Partnerships, will assume Greyber’s previous role.

Greyber joined Expedia in 2004, handling all aspects of the company’s relationships with airline partners in North America.

Egencia, founded in 2000, focuses on corporate trip planning and has grown into the fifth-largest travel-management company in the world.