WASHINGTON, D.C. - June 27, 2002 - Marriott International, Inc. (NYSE:MAR)today announced that Larry Kellner, president and a member of the board of directors of Continental Airlines, Inc. (NYSE:CAL), has been elected to Marriott`s board of directors, effective July 1.
President of Continental since May 2001, Mr. Kellner is responsible for the airline`s financial operations, sales and marketing, alliances and corporate development, scheduling, pricing, reservations, technology, and corporate real estate functions. He joined the airline in 1995 as senior vice president and chief financial officer.
J.W. Marriott, Jr., chairman and chief executive officer of Marriott International, said, “We are very pleased that Larry Kellner has agreed to join our board. As Marriott continues its global growth, we will benefit from Larry`s superb operating background, deep financial expertise and his insights into today`s rapidly evolving travel industry.”
Prior to joining Continental, Kellner was executive vice president and chief financial officer of American Savings Bank, and earlier was executive vice president and chief financial officer of The Koll Company. Beginning his career at Ernst and Young, Mr. Kellner has the distinction of being the first three-time winner in the history of the CFO Excellence Awards presented by CFO magazine.
Mr. Kellner also serves on the boards of directors of Orbitz.com and Belden & Blake Corporation. Active in numerous community and civic organizations, he is a board member of the YMCA of the Greater Houston Area and the Spring Branch Education Foundation. Mr. Kellner, as student body president, received his B.S. degree in business administration magna cum laude from the University of South Carolina, which presented him with the Distinguished Alumni Award in 1998.