Continental Airlines

Robert Lee Appointed New President of Continental North America Following Jeff Klei Retirement

Retrieved on: 
Wednesday, March 18, 2020

Robert (Bob) Lee will take over as the new president of Continental North America.

Key Points: 
  • Robert (Bob) Lee will take over as the new president of Continental North America.
  • Lee first joined Continental in 2014 as the president and CEO of Continental Automotive Korea, where he led overall operations in the country.
  • Salman added that it is a well-deserved retirement for Klei, who has been with Continental for more than 30 years, including nearly 12 years as the president of Continental North America.
  • He was appointed as the president of Continental North America in 2008.

Chubb appoints Xavier Florit as Regional Head of Corporate, Accident & Health, Continental Europe

Retrieved on: 
Tuesday, February 18, 2020

PARIS, Feb. 18, 2020 /PRNewswire/ --Chubb today announced the appointment of Xavier Florit as its Regional Head of Corporate, Accident & Health (A&H) for Continental Europe.

Key Points: 
  • PARIS, Feb. 18, 2020 /PRNewswire/ --Chubb today announced the appointment of Xavier Florit as its Regional Head of Corporate, Accident & Health (A&H) for Continental Europe.
  • Xavier will continue to be based in Chubb's Paris office and will report to Florian Eisele, the recently appointed Director of Accident & Health for Continental Europe, when Florian starts his role on 1 March.
  • Florian Eisele, Director of Accident and Health, Continental Europe, Chubb said:
    "I am delighted that we have appointed Xavier to this important role.
  • His knowledge, insights and understanding will help shape our A&H business across Continental Europe as we continue to drive growth."

HC2 Holdings in Advanced Discussions to Sell Continental Insurance, Retains Advisor to Explore Strategic Options on DBM Global

Retrieved on: 
Monday, February 10, 2020

The Company, following the announced sale of its Global Marine-related assets on January 30, is also in advanced discussions for the potential divestiture of its 100%-owned indirect subsidiaries, Continental Insurance Group Ltd. and Continental General Insurance Company (collectively, Continental Insurance).

Key Points: 
  • The Company, following the announced sale of its Global Marine-related assets on January 30, is also in advanced discussions for the potential divestiture of its 100%-owned indirect subsidiaries, Continental Insurance Group Ltd. and Continental General Insurance Company (collectively, Continental Insurance).
  • The Company has also retained Jefferies & Co. to explore strategic options for DBM Global Inc. (DBM Global), including a potential sale.
  • Additionally, we have retained Jefferies & Co. to pursue strategic options for our 92%-owned Construction unit, DBM Global, including a potential sale, added Mr. Falcone.
  • All forward-looking statements attributable to HC2 or persons acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements.

Kemper Names United Airlines CFO Gerald Laderman to Board of Directors

Retrieved on: 
Wednesday, February 5, 2020

Kemper Corporation (NYSE: KMPR) announced today that its board of directors has elected Gerald (Gerry) Laderman as a director effective February 20, 2020.

Key Points: 
  • Kemper Corporation (NYSE: KMPR) announced today that its board of directors has elected Gerald (Gerry) Laderman as a director effective February 20, 2020.
  • With more than 30 years of experience in the airline industry, he has served in senior leadership roles at United, Continental Airlines and Texas Air.
  • Laderman will be a member of the boards Audit Committee, and his appointment expands the board to 10 directors, eight of whom are independent.
  • Its an exciting time for Kemper and Im pleased to join their board, commented Laderman.

Saint-Gobain Moves Forward With the Acquisition of Continental Building Products Following Regulatory and Stockholder Approval

Retrieved on: 
Thursday, January 30, 2020

Saint-Gobain expects the synergies will be captured through the integration of Continental Building Products operations into Saint-Gobains North America gypsum business.

Key Points: 
  • Saint-Gobain expects the synergies will be captured through the integration of Continental Building Products operations into Saint-Gobains North America gypsum business.
  • Pierre-Andr de Chalendar, Chairman and Chief Executive Officer of Saint-Gobain, commented:
    We are excited to have quickly received all necessary approvals to finalize the acquisition of Continental Building Products.
  • By combining forces with Continental Building Products, we have a unique opportunity to deliver innovative products to growth markets across North America, while maintaining a superior level of customer service.
  • We are delighted that key leaders of Continental Building Products will be joining our plasterboard business in the US, which will be managed by Jay Bachmann, former CEO of Continental Building Products, reporting to Mark Rayfield, CEO Saint-Gobain North America.

United Adds 29 New Flights to Miami for the Big Game

Retrieved on: 
Thursday, January 23, 2020

Together, United and United Express operate approximately 4,900 flights a day to 362 airports across six continents.

Key Points: 
  • Together, United and United Express operate approximately 4,900 flights a day to 362 airports across six continents.
  • In 2019, United and United Express operated more than 1.7 million flights carrying more than 162 million customers.
  • United is a founding member of Star Alliance, which provides service to 195 countries via 26 member airlines.
  • The common stock of United's parent, United Airlines Holdings, Inc., is traded on the Nasdaq under the symbol "UAL".

Football fever: Continental ensures seating comfort at major sporting events in the United States

Retrieved on: 
Thursday, January 16, 2020

In early February this stadium will host one of the largest sporting events in the country.

Key Points: 
  • In early February this stadium will host one of the largest sporting events in the country.
  • Continental has developed a solution to ensure that the seats are kept at a comfortable temperature.
  • This challenges the seating material quite a bit - not to mention the regular wear and tear at the events.
  • Continental generated sales of 44.4 billion in 2018 and currently employs more than 240,000 people in 60 countries and markets.

Rigrodsky & Long, P.A. Files Class Action Suit Against Continental Building Products, Inc.

Retrieved on: 
Thursday, January 9, 2020

announces that it has filed a class action complaint in the United States District Court for the District of Delaware on behalf of holders of Continental Building Products, Inc. (Continental Building Products) (NYSE: CBPX ) common stock in connection with the proposed acquisition of Continental Building Products by CertainTeed Gypsum and Ceilings USA, Inc. (CertainTeed) and Cupertino Merger Sub, Inc. (Merger Sub) announced on November 12, 2019 (the Complaint).

Key Points: 
  • announces that it has filed a class action complaint in the United States District Court for the District of Delaware on behalf of holders of Continental Building Products, Inc. (Continental Building Products) (NYSE: CBPX ) common stock in connection with the proposed acquisition of Continental Building Products by CertainTeed Gypsum and Ceilings USA, Inc. (CertainTeed) and Cupertino Merger Sub, Inc. (Merger Sub) announced on November 12, 2019 (the Complaint).
  • The Complaint, which alleges violations of the Securities Exchange Act of 1934 against Continental Building Products and its Board of Directors (the Board), is captioned Kent v. Continental Building Products, Inc., Case No.
  • The Complaint seeks injunctive and equitable relief and damages on behalf of holders of Continental Building Products common stock.
  • A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

CSX Announces New Vice President of Labor Relations

Retrieved on: 
Monday, December 16, 2019

JACKSONVILLE, Fla., Dec. 16, 2019 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced the appointment of Jeffery D. Wall as vice president of Labor Relations.

Key Points: 
  • JACKSONVILLE, Fla., Dec. 16, 2019 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced the appointment of Jeffery D. Wall as vice president of Labor Relations.
  • With more than 20 years of labor relations and negotiating experience, Wall will be responsible for overall labor strategy and working with unions that represent nearly 17,000 CSX employees.
  • He will report to Diana Sorfleet, executive vice president and chief administrative officer.
  • Previously, he was vice president of labor relations at United Airlines and served in labor-focused leadership positions at United Continental Holdings and Continental Airlines.

Continental Posts Fiscal 2019 Annual Results

Retrieved on: 
Friday, November 29, 2019

VANCOUVER, British Columbia, Nov. 29, 2019 (GLOBE NEWSWIRE) -- Continental Energy Corporation (OTCQB: CPPXF) today released a summary of its financial results for its fiscal 2019 fiscal year ended 30 June 2019 (the "Year").

Key Points: 
  • VANCOUVER, British Columbia, Nov. 29, 2019 (GLOBE NEWSWIRE) -- Continental Energy Corporation (OTCQB: CPPXF) today released a summary of its financial results for its fiscal 2019 fiscal year ended 30 June 2019 (the "Year").
  • The full financial results and audited financial statements will be considered at the annual general meeting (the "AGM") of shareholders scheduled for 9 December 2019.
  • The loss incurred by Continental during the Comparative Fiscal Year was primarily due to transaction costs of $335,057 relating to the acquisition of Continental Hilir Indonesia Pte.
  • During Fiscal 2019 and 2018, the funds raised by Continental were primarily as a result of private placements.