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Jeff Smisek To Become Chairman and Chief Executive Officer of Continental Airlines; Larry Kellner To Return To Private Equity After 14 Years With the Airline
HOUSTON, July 16 /PRNewswire-FirstCall/ -- Continental Airlines (NYSE:
CAL) announced today that Jeff Smisek, 54, Continental's president and chief operating officer and a member of the board of directors, will become chairman and chief executive officer, effective January 1, 2010. Smisek will succeed Larry Kellner, 50, who has decided to return to private equity at year-end after 14 years with Continental, the last five of them as chairman and
CEO.