FOR IMMEDIATE RELEASE
September 2, 1997

ACTE Appoints Executive Director

Washington, DC -- The Board of Governors of the Association of Corporate Travel Executives and ACTE President Earl Foster are pleased to announce the appointment of Nancy Holtzman to the position of Executive Director.

Ms. Holtzman has been an active member of ACTE since 1991, and has served as a member of the Board of Governors, co-chairperson of the Industry Advisory Council and co-chairperson of the 1996 Annual Members Conference. She was recently awarded the association’s highest honor, the ACTE President’s Award, at the Annual Members Conference held in Chicago in April.

Since 1979, Ms. Holtzman has held various senior management positions within the travel industry, most particularly within the corporate travel segment of the industry. Most recently, she has been responsible for the global strategic account management direction at System One AMADEUS. Prior to the position at System One AMADEUS, she was instrumental in the development and direction of the corporate sales initiative at Continental Airlines.

"The Board of Governors and I are confident that Nancy’s extensive global industry experience and in depth knowledge of ACTE will provide her with the ability to support the organization as ACTE continues to lead the industry in providing excellent educational and networking opportunities to corporate travel executives around the world," commented Earl Foster, ACTE President and Director of Global Travel for Joseph Seagram & Sons, Inc. "Nancy will be at the forefront of shaping ACTE’s future, especially as it becomes more of a global organization."

As Executive Director, Ms. Holtzman will be supported by Lisa Lopinsky, Director of Communications and Member Support; Bill Harrison, Director of Finance; Rachel Cohen, Conference Manager and Cessalie Bruce, Manager of Administration and Membership. Ms. Holtzman will assume her position in Washington, DC on October 1, 1997.

The next ACTE Global Conference will be held in Berlin from November 2-4, 1997, with the 1998 Annual Members Conference scheduled for May 31-June 3, 1998, in New Orleans.

The Association of Corporate Travel Executives is a non-profit professional organization comprised of corporate practitioners of travel management techniques and suppliers of business travel services. ACTE was formed in 1987 expressly to educate, promote, protect and advance the interests of its members as well as the interests of the corporate travel industry as a whole.

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