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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
08/05/201616:50:05Quarterly Report (10-q)
08/03/201608:06:14Current Report Filing (8-k)
08/03/201607:30:00Crocs, Inc. Reports Second Quarter 2016 Financial Results
07/26/201616:05:00Crocs, Inc. Announces Conference Call to Review Second Quarter...
06/08/201619:52:18Statement of Changes in Beneficial Ownership (4)
06/08/201619:38:58Statement of Changes in Beneficial Ownership (4)
06/08/201619:35:03Statement of Changes in Beneficial Ownership (4)
06/08/201619:32:00Statement of Changes in Beneficial Ownership (4)
06/08/201619:28:11Statement of Changes in Beneficial Ownership (4)
06/08/201619:23:28Initial Statement of Beneficial Ownership (3)
06/08/201616:26:51Current Report Filing (8-k)
06/02/201616:05:00Crocs Inc. to Present at the Baird 2016 Global Consumer, Technology...
05/16/201616:00:00Crocs, Inc. Design Infringement Victory Awarded as Leading Intellectual...
05/10/201617:48:04Quarterly Report (10-q)
05/10/201608:01:38Current Report Filing (8-k)
05/10/201607:30:00Crocs, Inc. Reports First Quarter 2016 Financial Results
05/02/201607:00:00Crocs “State of Fun” Survey Identifies Moms’ Fun Deficit in Ti...
04/25/201617:15:56Additional Proxy Soliciting Materials (definitive) (defa14a)
04/25/201617:10:05Proxy Statement (definitive) (def 14a)
04/22/201607:30:00Crocs, Inc. Announces Conference Call to Review First Quarter...

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