American Airlines CEO Doug Parker to retire, president Robert Isom to take reins March 31

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American Airlines CEO Doug Parker to retire, president Robert Isom to take reins March 31
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CEO Doug Parker is stepping down and will be replaced by the carrier's president, Robert Isom, on March 31, the carrier announced Tuesday.

CEO Doug Parker is stepping down and will be replaced by the carrier's president, Robert Isom, on March 31, the carrier announced Tuesday.

Parker is the second major airline CEO this year to announce his retirement, marking a changing of the guard among U.S. carrier. CEO Gary Kelly will step down in February, handing the reins to another long-time executive, Bob Jordan, in February.Parker first became CEO of America West shortly before before the Sept. 11, 2001 attacks and later oversaw two mergers - with US Airways and American Airlines, the tail-end of a wave of consolidation among U.S. carriers.

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