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As
part of its corporate restructure Continental Airlines today announced the
retirement of four senior executive officers: George Mason, senior vice president technical operations; Bonnie Reitz, senior vice president sales
and distribution; Barry Simon, senior vice president international; and Kuniaki (Jun) Tsuruta, senior vice president purchasing and material
services, effective March 25, 2003.
"These executives have each made significant contributions to Continental
Airlines and have played important roles in the success of our company,"
said Gordon Bethune, chairman and chief executive officer.
With these retirements and the previously announced retirement of its chief
operating officer, Continental's executive officer group has been reduced by
more than 25 percent. Following the events of Sept. 11, Continental's management and clerical group shrank by 20 percent, a level at which it
remains today.
Executive Level Changes
Continental Airlines' board of directors
officially elected President Larry Kellner as chief operating officer today, replacing C.D. McLean, whose retirement was
announced on Tuesday.
Jeff Smisek, previously executive vice president corporate and secretary,
has been named executive vice president of Continental, assuming additional responsibilities relating to corporate development and alliances.
He continues to report to Chairman and CEO Gordon Bethune.
Jeff Misner, senior vice president and chief financial officer, who previously
reported to Kellner, now reports to Bethune.
Sales and Marketing Reorganization
Jim Compton, formerly senior vice president pricing and revenue
management, has been named senior vice president marketing, where he will oversee the company's domestic and international sales, marketing,
reservations, network and distribution. He continues to report to
Kellner.
Glen
Hauenstein, previously senior vice president scheduling, assumes additional responsibilities as senior vice president network, overseeing
revenue management, pricing and scheduling, and reports to Compton.
Operational Reorganization
Capt. Deborah McCoy, senior vice president flight operations, assumes
additional responsibilities overseeing inflight food services and safety,
reporting to Kellner. |
