The Rise of the Emerging Market Traveler Sponsored This content is created collaboratively with one of our sponsors.
Despite stalled growth in China, Brazil and Russia, a wave of newly middle-class travelers from the BRICs and beyond will start visiting international destinations in the coming decades — dwarfing the numbers we’ve seen thus far.
Clarke is the former CEO of Travelport, and the current chairman of Orbitz Worldwide, and he remains in that post, for now at least. Did he distinguish himself stewarding the two — until recently — joined-at-the- hip travel brands? Kodak apparently thinks so.
Before joining Kodak, Clarke, 52, was a managing partner of Augusta Columbia Capital, a private investment firm he cofounded. He had been CEO of Travelport Inc. from 2006 to 2011, overseeing its $4.3 billion sale to Blackstone Group LP and the 2007 initial public offering of the Orbitz unit.
After selling units including its photographic-film business, Rochester, New York-based Kodak emerged from bankruptcy last year as a smaller company making equipment for commercial printing and packaging. Clarke’s experience in working with business customers, including stints as chief operating officer at CA Inc. and executive vice president at Hewlett-Packard Co., will help Kodak in the corporate market, the company said.
Perez, who had been CEO since 2005, will be a special adviser to the company, Kodak said.
To contact the reporter on this story: Crayton Harrison in New York at firstname.lastname@example.org
To contact the editors responsible for this story: Sarah Rabil at email@example.com Cecile Daurat