Continental changes captain

CONTINENTAL AIRLINES (CO) Chairman and CEO Larry Kellner will depart the carrier at the end of 2009 after five years at the helm and 14 with the Houston-based airline.  He will be replaced by current president and COO Jeff Smisek.  Mr Kellner himself succeeded another stalwart of the industry Gordon Bethune.  Smisek, 54, joined CO in early 1995 as Senior VP and General Counsel.  He became President in December 2004 and added the COO title last September. www.continental.com

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