Orbitz Worldwide, Inc. announced the appointment of Russ Hammer as the company's Chief Financial Officer, effective January 1, 2011.
Previously, Russ was Chief Financial Officer at Crocs, Inc. Russ succeeds Marsha Williams, whose planned retirement was announced in June 2010.
"I am delighted to welcome Russ Hammer to Orbitz Worldwide as Chief Financial Officer," said Barney Harford, CEO and president of Orbitz Worldwide. "Russ Hammer has a diverse background which we think will be a really good fit with the Orbitz Worldwide business. Most recently Russ was CFO of NASDAQ-listed Crocs, Inc., where he played a central role in significantly improving performance. Before Crocs he served in a variety of senior roles at Motorola both domestically and internationally, building experience across a broad variety of finance functions and businesses."
"Orbitz Worldwide is one of the world's leading online travel companies, with strong brands and a track record of using technology to make it easier for consumers to plan and purchase travel," said Russ Hammer, Chief Financial Officer of Orbitz Worldwide. "I am very pleased to be joining Orbitz Worldwide at this exciting time in the company's development."
Russ will have global responsibility for accounting, financial planning & analysis, investor relations, tax and treasury. He will be based at the Orbitz Worldwide headquarters in Chicago, Illinois.
"Marsha Williams has played a critical role since joining Orbitz Worldwide in 2007. Everyone at the company thanks Marsha for her contributions and wishes her well in the future," continued Barney Harford.