This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Orbitz Worldwide To Appoint Mitch Marcus As Chief Financial Officer

CHICAGO, Nov. 7, 2012 /PRNewswire/ -- Orbitz Worldwide, Inc. (NYSE: OWW) today announced the appointment of Mitch Marcus as the company's chief financial officer (CFO), effective Nov. 12, 2012.  

(Logo: http://photos.prnewswire.com/prnh/20070813/AQM125LOGO)

Mitch will have global responsibility for accounting, financial planning & analysis, investor relations, tax, internal audit and treasury.  He will be based at the Orbitz Worldwide headquarters in Chicago, Illinois.   David Belmont, who has served as interim CFO since June 2012, will return to his position as group vice president, financial planning and analysis.

" Mitch Marcus is an outstanding individual to lead the Orbitz Worldwide finance team given the breadth and depth of his background dealing with strategic financial issues," said Barney Harford, CEO, Orbitz Worldwide. "The combination of experience as a corporate executive, banker, lawyer and accountant makes Mitch very attractive to take on this key role within the Orbitz Worldwide organization."

"As a leader in online travel, Orbitz Worldwide has great brands and proven leadership in using technology to make it easier for consumers to plan and purchase travel," said Mitch Marcus. " Mobile technology is bringing intense change and enormous opportunities to online travel. Orbitz is well positioned to take advantage of this transformation, and I am very pleased to be joining Orbitz Worldwide at this exciting time." 

About Mitch Marcus Mitch most recently served as Senior Vice President Treasurer and Senior Vice President Corporate Development at Sara Lee.  Prior to Sara Lee, Mitch had a successful investment banking career spending time at Merrill Lynch, Goldman Sachs and William Blair.  He started his career as a staff accountant at Arthur Andersen, and after obtaining a law degree, was a corporate attorney at Dewey Ballantine.  He received his MBA from University of Chicago, Graduate School of Business, his JD from George Washington University, and his BA from Goizueta Business School at Emory University.

About Orbitz Worldwide Orbitz Worldwide is a leading global online travel company that uses innovative technology to enable leisure and business travelers to research, plan and book a broad range of travel products. Orbitz Worldwide owns a portfolio of consumer brands that includes Orbitz ( www.orbitz.com), CheapTickets ( www.cheaptickets.com), ebookers ( www.ebookers.com), HotelClub ( www.hotelclub.com), RatesToGo ( www.ratestogo.com) and the Away Network ( www.away.com). Also within the Orbitz Worldwide family, Orbitz Worldwide Distribution (corp.orbitz.com/partnerships/distribution) delivers private label travel solutions to a broad range of partners including many of the world's largest airlines, and Orbitz for Business ( www.orbitzforbusiness.com) delivers managed corporate travel solutions for corporations. For more information on partnership opportunities with Orbitz Worldwide, visit corp.orbitz.com.

Orbitz Worldwide uses its Investor Relations website to make information available to its investors and the public at investors.orbitz.com. The public can sign up to receive email alerts whenever the company posts new information to the website.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,279.74 +13.75 0.08%
S&P 500 2,010.40 -0.96 -0.05%
NASDAQ 4,579.7890 -13.6380 -0.30%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs