United Airlines has confirmed that Oscar Munoz,
Chief Executive Officer, will transition to the role of Executive
Chairman of the Board of Directors of United Airlines Holdings,
Inc. in May 2020.
J. Scott Kirby, President, will succeed Munoz as
Chief Executive Officer.
"With United in a stronger position than ever,
now is the right time to begin the process of passing the baton to
a new leader," Munoz said. "One of my goals as CEO was to put in
place a successful leadership transition for United Airlines. I
brought Scott to United three years ago, and I am confident that
there is no one in the world better equipped to lead United to
even greater heights. It has been the honor of my career to lead
the 95,000 dedicated professionals who serve United's customers
every day. I look forward to continuing to work closely with Scott
in the months ahead and supporting the company's ongoing success
in my new role."
Kirby, a highly-regarded industry leader, has played a pivotal
role in enabling United's cultural transformation and successfully
executing the company's strategic growth plan.
honored to be named the next CEO of United and to succeed Oscar,
whose leadership has been truly transformational for United
Airlines," Kirby said. "I look forward to working with Oscar, the
Board, our established leadership team and every United employee
as we drive forward our proven strategy and focus on being the
airline customers choose to fly and return to time and again."
Munoz will serve as Executive Chairman for a one-year term and
will continue to work closely with Kirby, the Board and the United team in shaping United's employee and customer-centric culture. He
will also lead the company's Board and continue to engage on
behalf of United with a range of external stakeholders.
part of this transition, United's current Chairman, Jane Garvey,
will retire from the Board in May 2020 after more than a decade of
service, including serving as Chairman since May 2018.
At the request of the Board, Garvey agreed to remain in her role
for a year beyond the Board's mandatory retirement age.
behalf of the Board of Directors, I cannot thank Oscar enough for
his outstanding leadership and commitment to United, and we are
pleased that we will continue to benefit from his expertise and
experience in his role as Executive Chairman," Garvey said. "Oscar
became CEO at one of the most challenging points in United's
history, and his focus on putting customers and employees first
has transformed United's culture today and successfully positioned
the company for tomorrow. One of Oscar's greatest legacies is the
best-in-class leadership team he has built, and we have full
confidence that Scott is the ideal candidate to lead United into
the bright future that lies ahead."
The company has also
announced that Ted Philip will become Lead Independent Director
following the 2020 Annual Meeting of Shareholders.
the Board in July 2016 and chairs the Nominating/Governance
Committee. He also currently serves on the Board of Directors of
Hasbro, Inc. and BRP Inc.
"I could not be more excited
about the opportunity that we have at United over the next several
years to fulfill this airline's incredible potential," Philip
said. "I am proud to work alongside Oscar in guiding United's
Board and leadership team, and I am eager to get to work on
delivering for all of our stakeholders. The entire Board and I
want to thank Jane for her many contributions to United over the
last decade, including her highly successful tenure as Chairman."
All of the changes will take effect following
the company's Annual Meeting of Shareholders, scheduled for 20 May