Re: Good Bye Larry

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On this end, the issue has just started. Looks like it's sent in True Type 
text format.

Paul

----- Original Message ----- 
From: "James Rubottom" <jrubotto@xxxxxxxxxxxxxxx>
To: <AIRLINE@xxxxxxxxxxxxxxxxx>
Sent: Friday, July 17, 2009 9:40 AM
Subject: Re: Good Bye Larry


> No Paul.  For some reason, Roger's messages always look like that.  It's 
> an
> ongoing discussion point but, so far, there seems to be no solution.
>
> --James
>
> -----Original Message-----
> From: The Airline List [mailto:AIRLINE@xxxxxxxxxxxxxxxxx] On Behalf Of 
> Paul
> K
> Sent: Thursday, July 16, 2009 6:32 PM
> To: AIRLINE@xxxxxxxxxxxxxxxxx
> Subject: Re: Good Bye Larry
>
> Am I the only one getting this message with looks like puncuation codes?
>
> Paul
>
> ----- Original Message ----- 
> From: "Roger LaFrance" <lafrance@xxxxxxxxxxx>
> To: <AIRLINE@xxxxxxxxxxxxxxxxx>
> Sent: Thursday, July 16, 2009 5:57 PM
> Subject: Good Bye Larry
>
>
>> JEFF SMISEK TO =0ABECOME CHAIRMAN AND CHIEF EXECUTIVE OFFICER OF
>> CONTINENTA=
>> L AIRLINES; LARRY =0AKELLNER TO RETURN TO PRIVATE EQUITYAFTER 14 YEARS
>> WITH=
>> THE =0AAIRLINE=0AHOUSTON, =0AJuly 16, 2009 --  Continental Airlines
>> (NYSE:=
>> CAL) announced today that Jeff =0ASmisek, 54, Continental=E2=80=99s
>> presid=
>> ent and chief operating officer and a member of =0Athe board of 
>> directors,
>
>> =
>> will become chairman and chief executive officer, =0Aeffective January 1,
>> 2=
>> 010.  Smisek will succeed Larry Kellner, 50, who has =0Adecided to return
>> t=
>> o private equity at year-end after 14 years with Continental, =0Athe last
>> f=
>> ive of them as chairman and CEO.  =0A  =0A=E2=80=9CIt has been a great
>> hono=
>> r to lead the professional men and women of Continental =0Aand be part of
>> t=
>> he premier airline in the industry,=E2=80=9D Kellner said.  =E2=80=9CI
>> have=
>> =0Aworked closely with Jeff throughout my tenure, and he is a strong and
>> e=
>> ffective =0Aleader.  I am confident Jeff will maintain
>> Continental=E2=80=99=
>> s unique culture and =0Asuccessfully lead the Continental team through
>> thes=
>> e challenging =0Atimes.=0A=E2=80=9CWhile =0AI will deeply miss my
>> co-worker=
>> s at Continental, it is the right time for this =0Atransition.
>> Continental=
>> has gained approval from DOT of our Star Alliance =0Aapplication, which
>> wi=
>> ll allow us to continue as an effective global competitor,=E2=80=9D
>> =0AKell=
>> ner added.=0A=E2=80=9CThe =0ABoard thanks Larry for his tremendous
>> leadersh=
>> ip of Continental during some of =0Athe most challenging times this
>> industr=
>> y has faced,=E2=80=9D said Henry Meyer, lead =0Adirector for Continental.
>> =
>> =0A =E2=80=9CThe =0ABoard has consistently focused on succession 
>> planning,
>
>> =
>> and Jeff=E2=80=99s experience, =0Askills and long partnership with Larry
>> ma=
>> ke him the ideal executive to succeed =0ALarry as chairman and CEO. We
>> look=
>> forward to working with Jeff as he continues =0AContinental=E2=80=99s
>> indu=
>> stry leadership.=E2=80=9D=0A =E2=80=9CAlthough =0AI am saddened that 
>> Larry
>
>> =
>> has decided to move on, I respect his decision and wish =0Ahim continued
>> su=
>> ccess,=E2=80=9D said Smisek.  =E2=80=9COver the next several months, 
>> Larry
>
>> =
>> and I =0Awill work together to ensure a smooth transition.  Our entire
>> team=
>> will remain =0Afocused on returning our company to profitability, and
>> Cont=
>> inental=E2=80=99s great =0Aculture will continue to be the driving force
>> of=
>> the company=E2=80=99s long-term =0Asuccess,=E2=80=9D he added.
>> =0AHouston=
>> -based =0Aboard member Pastor Kirbyjon Caldwell noted Kellner=E2=80=99s
>> civ=
>> ic contributions.   =0A=E2=80=9CThe Houston community has been blessed
>> with=
>> having Larry as both a leader at =0AContinental and a leader of our
>> commun=
>> ity.  Continental has been a tremendous =0Apartner to the Houston
>> community=
>> and we look forward to working with Jeff as he =0Aassumes his new
>> role,=E2=
>> =80=9D said Pastor Caldwell.=0A            =0AContinental was named
>> Fortune=
>> magazine=E2=80=99s No. 1 Most Admired Global Airline in =0Aeach year of
>> Ke=
>> llner=E2=80=99s tenure as chairman and CEO.  He fostered
>> Continental=E2=80=
>> =99s =0Aworking together culture, while leading the carrier=E2=80=99s
>> expan=
>> sion into London =0AHeathrow, China and India and focusing the company on
>> f=
>> uel efficiency and =0Aenvironmental responsibility.=0AKellner =0Awill 
>> head
>
>> =
>> Emerald Creek Group, LLC, a new private investment firm based in
>> =0AHouston=
>> .   =0AJeff =0ASmisek biography=0AJeff =0ASmisek is president and chief
>> ope=
>> rating officer of Continental Airlines and a =0Amember of the Board of
>> Dire=
>> ctors. He is responsible for airline operations, =0Aincluding flight
>> operat=
>> ions, inflight, airports, catering, cargo, maintenance =0Aand technical
>> ope=
>> rations, and also human resources and labor relations, global =0Areal
>> estat=
>> e, security and environmental affairs, corporate communications,
>> =0Afederal=
>> affairs, and international, state and local affairs.  Over the course of 
>> =
>> =0Ahis tenure at Continental, he has also overseen sales and marketing,
>> tec=
>> hnology =0Aand legal affairs.  =0ASmisek =0Ajoined the airline in March
>> 199=
>> 5 as senior vice president and general counsel, =0Aand has since held
>> posit=
>> ions of increasing responsibility. He became president =0Ain December 
>> 2004
>
>> =
>> and president and chief operating officer in September 2008.  =0APrior to
>> j=
>> oining Continental, Smisek was a partner at Vinson & Elkins LLP, =0Awhere
>> h=
>> e specialized in corporate finance and securities =0Alaw.=0ASmisek
>> =0Agradu=
>> ated from Princeton University, A.B. summa cum laude in economics, in
>> 1976,=
>> =0Aand Harvard Law School, J.D. magna cum laude, in 1982. He also serves
>> o=
>> n the =0Aboard of directors of National Oilwell Varco, Inc. Smisek and 
>> his
>
>> =
>> wife reside in =0AHouston and are long-time supporters of numerous
>> charitab=
>> le and civic =0Aorganizations.=0ALarry =0AKellner biography=0AKellner
>> =0Ajo=
>> ined Continental in 1995 as chief financial officer. In May 2001, he was 
>> =
>> =0Aelected president of the airline and to the Board of Directors, and in
>> M=
>> arch =0A2003, he was named president and chief operating officer. He
>> became=
>> chairman and =0Achief executive officer in December 2004.=0APrior =0Ato
>> jo=
>> ining Continental, Kellner was executive vice president and chief
>> financial=
>> =0Aofficer of American Savings Bank, owned by The Robert M. Bass Group.
>> Pr=
>> ior to =0Athat, he was executive vice president and chief financial
>> officer=
>> of The Koll =0ACompany, a private real estate investment and construction
>> =
>> =0Afirm.=0AKellner =0Agraduated magna cum laude with a bachelor of 
>> science
>
>> =
>> in business administration =0Afrom the University of South Carolina, 
>> where
>
>> =
>> he served as Student Body =0APresident.  In addition, the University of
>> Sou=
>> th Carolina presented him with the =0ADistinguished Alumni Award in 1998.
>> =
>> =0AKellner =0Ais active in numerous community and civic organizations. He
>> c=
>> urrently serves on =0Athe board of directors for Marriott International
>> and=
>> the Air Transport =0AAssociation. On the civic front, he is a member of
>> th=
>> e board of directors for =0Athe Methodist Hospital, YMCA of Greater
>> Houston=
>> , the Greater Houston =0APartnership, the Spring Branch Education
>> Foundatio=
>> n, and Central Houston, Inc., =0Aand is a member of the Boy Scouts of
>> Ameri=
>> ca National Executive Board. Kellner =0Aalso serves on the advisory 
>> boards
>
>> =
>> of the March of Dimes and Teach for America, =0Aand is on the development
>> b=
>> oard of the University of Texas Health Science Center =0Aat Houston. He
>> res=
>> ides in Houston with his wife, Susan, and their four =0Achildren.
>> =0A#=
>> ##
>>
>>
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