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Orbitz Names Crocs Executive As Financial Chief

DOW JONES NEWSWIRES Orbitz Worldwide Inc. (OWW) named the former financial chief of Crocs Inc. (CROX) to the same position at the online-travel company. Russ Hammer, who led the restructuring efforts at shoe maker Crocs, also held a variety of senior executive positions at Motorola Inc. (MOT). He replaces Marsha Williams, whose retirement was announced in June. Orbitz Worldwide said in November its third-quarter earnings more than doubled, thanks to strong summer travel demand and lower overhead costs. The travel industry has continued to rebound from last year's weak demand, with a number of airlines and hotel companies posting stronger profits in recent quarters. Orbitz has long generated most of its revenue from airline and domestic bookings, though it has made a push to expand internationally and into hotel bookings. Both Orbitz and Crox were inactive premarket. They closed Friday at $5.59 and $17.12, respectively. Orbitz fell 24% in 2010, while Crox nearly tripled. -By Lauren Pollock, Dow Jones Newswires; 212-416-2356; lauren.pollock@dowjones.com

Stock News for Crocs (CROX)
DateTimeHeadline
08/25/201517:39:55Statement of Changes in Beneficial Ownership (4)
08/07/201515:03:52Statement of Changes in Beneficial Ownership (4)
08/07/201507:07:53Quarterly Report (10-q)
08/04/201517:05:41Statement of Changes in Beneficial Ownership (4)
07/30/201506:03:25Current Report Filing (8-k)
07/22/201509:15:00Textile - Apparel Footwear and Accessories Equities Scrutiny...
06/11/201516:25:11Statement of Changes in Beneficial Ownership (4)
06/11/201516:18:15Initial Statement of Beneficial Ownership (3)
06/10/201519:19:25Statement of Changes in Beneficial Ownership (4)
06/10/201517:51:53Statement of Changes in Beneficial Ownership (4)
06/10/201517:50:42Statement of Changes in Beneficial Ownership (4)
06/10/201517:49:12Statement of Changes in Beneficial Ownership (4)
06/10/201517:47:32Statement of Changes in Beneficial Ownership (4)
06/09/201517:09:21Securities Registration: Employee Benefit Plan (s-8)
06/09/201517:08:06Post-effective Amendment to an S-8 Filing (s-8 Pos)
06/09/201517:04:05Current Report Filing (8-k)
06/04/201507:05:02Why Crocs Inc. Stock Rose 14% in May
05/15/201513:55:00Statement of Changes in Beneficial Ownership (4)
05/15/201513:45:02Statement of Changes in Beneficial Ownership (4)
05/08/201514:33:35Quarterly Report (10-q)

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