Eastman Kodak Names Orbitz Chairman As New CEO

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Eastman Kodak Company (OTCMKTS:EKDKQ) announced that Jeff Clarke, the chairman of online travel agency Orbitz Worldwide, Inc. (NYSE:OWW), has been elected to serve as CEO as the company that was practically synonymous with personal cameras starts its second life as a digital imaging service focusing on B2B deals. Kodak exited bankruptcy last September and became listed again after selling many of its assets to pay back its secured debt holders (and a few cents on the dollar to unsecured debt holders). “Jeff is the right person to lead Kodak forward,” said Eastman Kodak Company (OTCMKTS:EKDKQ) chairman James Continenza. “His combination…

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