Orbitz Worldwide’s new president is Steve Barnhart, formerly chief financial officer.
The company’s businesses include Orbitz and Cheaptickets in the Americas, ebookers and Octopus Travel in Europe and HotelClub.com and RatesToGo.com in the Asia Pacific area.
Mr Barnhart, who was a key member of the finance team that took Orbit public, will continue as chief financial officer.
Prior to joining Orbitz, Barnhart held various finance positions over a 13-year period with PepsiCo, its Pepsi-Cola and Frito-Lay subsidiaries, and the Pepsi Bottling Group (PBG), including Director of Finance for an operating unit with over $1 billion in revenue and 5,000 employees.
Said Mr Barnhart:
“We have grown the EBITDA of our global online travel business by well over $100 million, become the second most profitable online travel agent and are growing our gross bookings in North American by two times as quickly as our competitors.
Report by David Wilkening
