United Airlines CEO Oscar Munoz will step down from running the airline in May, the company says
Munoz will become chairman of the airline, and he will be succeeded as CEO by Scott Kirby. Kirby has been president of United since the airline wooed him away from rival American Airlines three years ago.Munoz is best known for being the face of the airline during the public relations debacle, when a passenger was dragged off an overbooked flight in April of 2017. In the face of outrage he testified before Congress that"we had a horrible failure.
The stock has risen 54% during Munoz's more-than four years on the job. It's been a generally good time for airline stocks in an age of consolidation of the US industry, and a strong economy lifting travel demand and fares.Read MoreUnited passenger David Dao says he 'just cried' after he saw video of himself being dragged off a planeMunoz's tenure at United started with another controversy, in which his predecessor Jeff Smisek and two other executives left in September 2015.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Oscar Munoz to step down as CEO of United AirlinesNEW: Oscar Munoz to step down from his role as CEO of United Airlines, the company announces.
Leer más »
United Airlines picks Scott Kirby to replace Oscar Munoz as CEOUnited Airlines Holdings Inc on Thursday named insider Scott Kirby as its chief ...
Leer más »
United Airlines to Buy 50 Jets From AirbusUnited Airlines struck a deal to buy 50 long-range Airbus jets to replace its aging fleet of Boeing 757s, which are due to be retired in coming years.
Leer más »