Prominent Articles Featuring Jeff Clarke
Snippets of the articles featuring Travelport CEO Jeff Clarke appear in this online resource. To read the full articles, click on the links provided within the excerpt to view the article at its original source.
- World Economic Forum's travel & tourism report highlights the importance of environmental sustainability
Publication: Money Web, March 4, 2008"...Among the formidable challenges facing governments, businesses, and consumers today is how to accurately gather data and business intelligence on our environmental impact - particularly carbon footprints - at a time when climate change is a critical global issue," noted Jeff Clarke, President and CEO of Travelport, one of the world's largest travel conglomerates..."
- HP-Compaq lessons for a Microsoft-Yahoo! Integration
Publication: The Deal, February 4, 2008"... So we thought we'd share some insights from Jeff Clarke, formerly evp for merger integration at HP, who played a key role in that massive project, which had 2,500 people working full-time on it. Currently CEO of Travelport Inc., Clarke shared his thoughts at our most recent Corporate Dealmaker Forum conference, last October in New York. Here's some of what he had to say:..."
- Microsoft-Yahoo Past Ventures Raise Integration Concerns
Publication: Morningstar Newswire, February 5, 2008"Experts say part of the problem is Yahoo and Microsoft have very different corporate cultures. Yahoo relies on open platforms, while Microsoft espouses building and selling proprietary software. This difference explains some of their joint failures in the past and the challenges of the $44.1 billion takeover, said Jeff Clarke, president of Travelport Inc., who also played a key role in integrating Hewlett-Packard Inc. (HPQ) and Compaq post-merger."
- Is Big Business Still Thinking Green?
Publication: BBC News, January 28, 2008"...'When we talk about the environment, it's not window dressing,' insists Jeff Clarke, chief executive of Travelport, one of the world's largest travel conglomerates. The company runs travel reservation systems such as Galileo, and consumer travel websites such as Orbitz.
A year ago at Davos, he says, he became convinced that his company had to contribute to fighting climate change, not least because the $1 trillion travel industry is "a major contributor to global warming".
Travelport is a data-driven company, updating 4.3 billion fares every day.
Mr Clarke's solution: customers booking a flight should be told more than the ticket price and the type of plane used on a route. Within a year Travelport hopes to give every single flight a carbon rating, taking into account the plane, the type of fuel used, and other data points.
'Some planes are three-times more polluting on the same route than others,' says Mr Clarke. 'It is inconceivable for me that in a decade from now the carbon rating of a hotel or plane is not part of the consideration when a customers is booking a trip.' "
- Perform or Perish
Publication: Business Week, November 5, 2007"At 8 a.m. on a dreary Wednesday in London, Jeff Clarke, the square-jawed CEO of travel- services provider Travelport, listens as managers explain why their division is losing money. They tick off a list of problems: technology errors, fewer bookings, higher marketing costs, and on and on. One executive estimates that the business could break even in 2009. Clarke has a different idea: 2008. ‘Be aggressive!' he commands. For Clarke, the onetime chief operating officer of Computer Associates International who took over at Travelport in April, 2006, such exhortations aren't cheesy bits of CEO stagecraft--they're expressions of deep-seated fear. Clarke's new bosses, the private equity firms Blackstone Group (BX) and Technology Crossover Ventures, are even more demanding than he is. They've bet $4.3 billion that Travelport will be worth an enormous sum after it's split into pieces, and they've tapped Clarke to be the architect of the breakup... "
- Travelport Acquisition Ups Reservations Ante
Publication: Investor's Business Daily, October 9, 2007"The travel distribution market is poised for a shake-up, and Travelport CEO Jeff Clarke is showing no reservations about the looming upheaval.
Big companies such as Travelport and Sabre Holdings that run the sprawling computer reservations systems used by airlines, hotels and other travel providers are going toe-to-toe in a battle for market share.
Clarke, who doubles as chairman of Web travel firm Orbitz Worldwide (OWW) , says Travelport upped the ante on Aug. 27 when it completed its $1.4 billion acquisition of rival Worldspan. Worldspan is the second-biggest player in the U.S. global distribution system, or GDS, for travel reservations..."
- The Ax Man
Publication: The Deal, September 17, 2007"A recent interview with Travelport's CEO, Jeff Clarke, paints a different picture. In April 2006, Travelport's former owner, Cendant Corp. (now Avis Budget Group Inc.) hired Clarke, who had helped lead the integration of Compaq Computer Corp. into Hewlett-Packard Co., to prep Travelport for a sale or a spinout.
Ultimately Blackstone and Technology Crossover Ventures, a Palo Alto, Calif., venture capital firm, bought it for $4.3 billion last August. Within two months, Parsippany, N.J.-based Travelport laid off 841 workers, about 10% of its workforce, cutting annual costs by nearly $150 million, or about 25% of Ebitda..."
- Travelport CEO Jeff Clarke
Publication: The Beat, August 23, 2007"Travelport on Tuesday closed its $1.4 billion acquisition of Worldspan following the completion of a regulatory review in Europe. Jeff Clarke, who is president and CEO of Travelport, as well as chairman of Orbitz Worldwide, spoke Wednesday by telephone with The Beat's Jay Campbell about an expected $100 million in cost savings, integration planning and other market implications. An excerpt of their discussion follows..."
- Travelport Cues Up Worldspan: One-On-One With CEO Jeff Clarke
Publication: Business Travel News Online, June 22, 2007Jeff Clarke, CEO of Travelport, owner of the Galileo global distribution system, this month spoke with Business Travel News senior editor Jay Boehmer about last month's agreement to purchase privately held Worldspan for $1.4 billion and integrate the two GDSs' technological infrastructures and salesforces.
- WTTC: Industry leaders weigh in on environmental concerns
Publication: Travel Weekly, May 21, 2007"... The chief officers of several major travel concerns were eager to talk about green activities. For example, Jeff Clarke, CEO of Travelport, which owns Orbitz and Galileo, bought carbon offsets on behalf of all summit attendees in an attempt to make the event carbon neutral.
‘Environmental leadership is the issue of the decade, perhaps of the next halfcentury,' Clarke said..."
- Next, the You-Tour
Publication: Newsweek International, Find Articles, May 14, 2007"As president and CEO of Travelport, a conglomerate of more than 20 travel products and services that includes the online consumer site Orbitz, Jeff Clarke is on the road about 200 days a year--and always appreciates being able to check his e-mail via BlackBerry on the runway wherever he lands. He discussed the changing face of tourism markets, customers and technology with NEWSWEEK's Susan H. Greenberg..."
- Cendant Selects A Top CA Officer For Travel Business
Publication: The Wall Street Journal, April 18, 2006"Cendant Corp. today will name computer-industry veteran Jeff Clarke to head its travel-distribution business, due to be spun off in October as part of a breakup of the conglomerate.
Mr. Clarke, chief operating officer at CA Inc. -- formerly known as Computer Associates -- will be asked to turn around a division that includes online travel agencies Orbitz and CheapTickets, as well as less well-known but highly profitable Galileo, a travel-reservation system. The division, to be spun off as Travelport, has weighed on Cendant's earnings in recent months, partly because ebookers, a European online travel agency the company acquired in late 2004, performed poorly.
- Cendant Expected to Name Chief of Web Travel Business Today
Publication: The New York Times, April 18, 2006"The Cendant Corporation is expected to announce today that it has named Jeff Clarke, the former chief operating officer of CA Inc., as the chief executive of its online travel business, which includes Orbitz and Cheaptickets.com.
The appointment comes as Cendant, the real estate and travel conglomerate, is preparing to break itself up by spinning off its four major units into publicly traded companies.
As part of the spinoff, Cendant is planning to change the name of the travel unit, now Travel Distribution Services, to Travelport..."
Press Releases
- Travel Agents Worldwide Continue to Recognise Travelport GDS
- Travelport Appoints Management Team of Its GDS Business
- Travelport Completes Acquisition of Worldspan, L.P. Creating a Global Leader in Travel Distribution Services
- Travelport Announced Pricing Of Orbitz Worldwide Initial Public Offering
- Travelport Reviews ECO-Friendly Initiatives
- Travelport CEO Jeff Clarke to Discuss the Company's Environmental Programs
- Travelport CEO Jeff Clarke Named One Of The Top 25 Most Influential Executives
- Travelport Ltd. And Worldspan, L.P. To Merge
- Travelport To Organize Under Three Global Businesses
- Affiliate Of Blackstone Group Completes Acquisition
- Sale Of Travelport Affirms Its Recognition
- Cendant Appoints Leading Technology Industry Executive Jeff Clarke
Articles
- World Economic Forum's travel & tourism report
- HP-Compaq lessons for Microsoft-Yahoo!
- Microsoft-Yahoo Past Ventures Raise Integration Concerns
- Is Big Business Still Thinking Green?
- Perform or Perish
- Travelport Acquisition Ups Reservations Ante
- The Ax Man
- Travelport CEO Jeff Clarke
- Travelport Cues Up Worldspan: One-On-One With CEO Jeff Clarke
- WTTC: Industry leaders weigh in on
- Next, the You-Tour
- Cendant Selects A Top CA Officer
- Cendant Expected to Name Chief of Web Travel