Doug Parker will step down as CEO of American Airlines on March 31, 2022. He will remain chairman. The airline will have a new CEO and Board of Directors.
The plan to retire and replace him with Isom was leaked back in January, but has been clear since Scott Kirby became Chairman of United Airlines.
According to the person.
I have worked with Robert for two decades and I am very pleased that he will be the next CEO of American Airlines, which is the best job in our industry. Robert has deep operational expertise and global industry experience. His efforts to guide and support our team have been incredible. We are in a good position to take advantage of the industry's recovery, and now is the right time for a handoff. I am very fortunate to have a leader like this.
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I have been an airline CEO for 20 years. The American team's commitment to taking care of each other and their customers has never wavered and will continue to drive our success going forward.
After taking over America West days before 9/11, he went on to take over US Airways before buying American Airlines out of bankruptcy. His ability to get government subsidies even before he led the charge for taxpayer bail outs was his main legacy.
Several weeks ago, he accepted a lifetime achievement award from the Wings Club, which is when the start of his retirement tour began. The best Doug is self-deprecating.
American Airlines produced a tribute to the career of Parker. The introductory segment of the video is worth watching because it talks about how US Airways had to evacuate their headquarters in Arizona after Doug Parker left his briefcase in the parking garage.
The American Airlines board does not have airline experience. The board now includes a mentor of Robert Isom.
American Airlines has more debt than its competitors. It has had unhappy investors, unhappy employees, and unhappy customers. There was a lot of speculation that management would be ousted after American lost its joint venture with LATAM to Delta. There was a low-level leadership change.
Poor performance was largely excused after the Pandemic hit. The Board of Directors of American Airlines has largely given management a pass because they include a former college friend of the CEO.
The status quo future is what Robert Isom becoming CEO points to. David Seymour was elevated to Chief Operating Officer after overseeing the airline's disastrous summer. There are no consequences to operational meltdowns at American Airlines.
When Doug Parker steps down, American's Executive Vice President of People and Communications is expected to retire.
Billy Ray Cyrus was played by Doug Parker at American's Halloween party in 2019.
There is a video of a lip sync performance of the song "Karma Chameleon" by Boy George. The current Chief Revenue Officer was moonwalking.
At the American Airlines employee town hall last week, a flight attendant asked the CEO if he regretted American's decision to let Scott Kirby go. Kirby became United's President.
June 29,
"Airlines"
An employment search firm said that American Airlines Executive Vice President in charge of HR and Corporate Communications, Elise Eberwein, would be retiring. She is one of the six top leaders of the airline.
January 18, 2021.
"General"
At the end of the 'State of the Airline' question and answer session with employees following their third quarter earnings call, the subject of the board's decision to add Steenland came up, and American Airlines CEO Doug Parker explained that it was because of his airline experience.
October 31, 2020.
"Airlines"
