US Airways has promoted Derek J. Kerr to executive
vice president and chief financial officer and also named Brad Jensen as
senior vice president and chief information officer.
"We are very pleased to recognize the
significant contributions Derek has made to our company and
welcome Brad to US Airways," said US Airways Chairman and CEO Doug
Parker. "Derek and Brad are outstanding leaders and will play
important roles in shaping the future of our airline."
Derek J. Kerr: As executive vice president and chief financial
officer, Kerr is responsible for all corporate financial functions
including Treasury, Accounting, Financial Planning and Analysis,
Tax, Risk Management, Strategic Planning and Investor Relations.
He was named senior vice president and chief financial officer in
2005 - a position he held with America West Airlines prior to the
merger with US Airways. Kerr will continue to report to Parker.
Kerr recently led the process where US Airways raised or
secured approximately $1.2 billion in cash and payment deferrals.
The company was able to complete this financing in the midst of
unprecedented global economic unrest.
Kerr's aviation experience runs deep.
He held a variety of positions with America West Airlines
including senior vice president, Financial Planning & Analysis. He
was previously a manager, Capital and Long-Range Planning at
Northwest Airlines. And at the Northrop Corporation he was a
flight test coordinator and lead engineer on a team testing the
radar evasion characteristics of the B-2 bomber.
holds a Master of Business Administration and a Bachelor of
Science in Aeronautical Engineering from the University of
Michigan. He sits on the board of directors of the Phoenix Zoo and
received the Arizona CFO of the Year Award in 2007.
Jensen: Jensen has more than 30 years of extensive application
development, planning, distribution, platform and systems
knowledge. He will lead a team of approximately 500
professionals responsible for overseeing all Information
Technology (IT)-related acquisitions and services. He will be
based at the airline's corporate headquarters in Tempe and report
to US Airways President Scott Kirby.
Jensen joins US Airways from
Southlake, Texas-based Sabre Holdings Corporation where he served
as senior vice president, Air Services. Jensen oversaw 450
employees and was responsible for the product development of all
aspects of Air Service products used by Sabre's various business
units. Prior to joining Sabre, he spent 16 years with American
Airlines as managing director, Schedule Planning. Over time,
Jensen gained experience in the areas of scheduling, planning and
pricing. His initial airline experience began in 1977 with
Southern Airways, Inc.
Jensen holds a Bachelor of Science
in Physics from the University of Utah and a Master of Science in
Operations Research from the University of Pennsylvania, Wharton
School of Business.
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