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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; [email protected]

Stock News for Crocs (CROX)
02/14/201716:05:00Crocs, Inc. Announces Conference Call to Review Fourth Quarter...
02/10/201711:27:01Schedule 13g
02/10/201711:13:04Amended Statement of Ownership (sc 13g/a)
02/09/201713:26:40Amended Statement of Ownership (sc 13g/a)
02/09/201710:07:05Schedule 13g
02/08/201715:45:45Amended Statement of Ownership (sc 13g/a)
01/31/201718:00:38Statement of Changes in Beneficial Ownership (4)
01/31/201708:13:00Crocs Implements PlumRiver B2B eCommerce Solution Serving Thousands...
01/23/201714:22:26Amended Statement of Ownership (sc 13g/a)
01/13/201713:02:53Amended Statement of Ownership (sc 13g/a)
12/19/201618:42:47Statement of Changes in Beneficial Ownership (4)
12/12/201607:30:00Drew Barrymore, John Cena, YOONA, Henry Lau Join Crocs as Brand...
11/09/201613:40:05Quarterly Report (10-q)
11/09/201608:11:05Current Report Filing (8-k)
11/09/201607:30:00Crocs, Inc. Reports Third Quarter 2016 Financial Results
10/31/201616:00:00Crocs, Inc. Announces Conference Call to Review Third Quarter...
10/07/201616:16:36Amended Statement of Ownership (sc 13g/a)
08/26/201616:15:33Statement of Changes in Beneficial Ownership (4)
08/05/201616:50:05Quarterly Report (10-q)
08/03/201608:06:14Current Report Filing (8-k)

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