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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;

Stock News for Crocs (CROX)
10/07/201512:10:00Urban Outfitters to End On-Call Scheduling in New York
10/02/201518:15:00Initial Statement of Beneficial Ownership (3)
09/30/201509:14:44Current Report Filing (8-k)
09/30/201509:07:30Crocs, Inc. Hosts 2015 Investor Day Meeting
09/29/201508:54:00Market Insights on Diverse Sectors - Bloomin' Brands, Crocs...
09/23/201509:03:00Market Update on the Consumer Discretionary Sector --
09/22/201509:00:00Crocs to Provide Live Webcast of Investor Day Meeting
09/21/201520:46:06Crocs, Inc. CFO Jeff Lasher to Step Down
09/14/201520:12:00Credits & Debits
09/10/201513:09:07Schedule 13g<br /> (sc 13g)
09/08/201516:13:54Current Report Filing (8-k)
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)

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