Doug Parker Retiring 3-31

[Sluggo]

American Airlines CEO Parker to retire in March, President Isom to take reins

Parker is the second airline CEO after Southwest's to announce retirement this year.

www.cnbc.com

 

[Murdoughnut]

Say what you will, but he stuck it out during the pandemic to right the ship before handing over the wheel (along with Gary Kelly). Lesser men would have bailed and pulled their golden parachutes much earlier.

 

[jtrain609]

Say what you will, but he stuck it out during the pandemic to continue to bleed the airline by adding $22 billion in debt, bringing the grand total owed to $50 billion, and leaving his successor to clean up the mess. Lesser men would have bailed and pulled their golden parachutes much earlier.

FIFY.

 

[Murdoughnut]

FIFY.

Well the other option was to liquidate So ...

 

[roundout]

Well the other option was to liquidate So ...

Too big to fail, for better or for worse.

FIFY.

Based.

 

[derg]

Retiring?

Ooh, I’d better stay off the roads up here in North Scottsdale!

 

[ctab5060X]

Parker out as CEO.

Isom in.

Parker still Chairman of the Board.

So… second verse, same as the first?

 

[L-16B]

The Fuhrer stepping down!

But will the new Fuhrer be able to get check airmen? That tis the question.

 

[Screaming_Emu]

See. Nobody wants to work anymore!

 

[Maximilian_Jenius]

Retiring?

Ooh, I’d better stay off the roads up here in North Scottsdale!

"Retiring"

 

[Cherokee_Cruiser]

"Keep retired Doug Parker, retired"


-new Delta badge

 

[SlumTodd_Millionaire]

Parker out as CEO.

Isom in.

Parker still Chairman of the Board.

So… second verse, same as the first?

Chairman is all but a ceremonial position. He gets to keep a title and hang around to see what’s going on, but he’ll have no control. On many boards, the Chair doesn’t even get a vote unless there’s a tie.

 

[EDUC8-or]

Meh, more of the same.

 

[mikecweb]

Chairman is all but a ceremonial position. He gets to keep a title and hang around to see what’s going on, but he’ll have no control. On many boards, the Chair doesn’t even get a vote unless there’s a tie.

Pretty sure our Chairman isn't just for ceremonies. But you're probably right.

 

[SlumTodd_Millionaire]

Pretty sure our Chairman isn't just for ceremonies. But you're probably right.

That’s because purple doesn’t separate the positions. Fred is both chairman and CEO. The CEO part is where the power is.

 

[mikecweb]

That’s because purple doesn’t separate the positions. Fred is both chairman and CEO. The CEO part is where the power is.

That is correct.

 

[Bandit_Driver]

Wonder if he will add to the dui total after the retirement party. What’s he up to anyway

 

[Murdoughnut]

So I've been there to watch Gary Kelly play guitar and he's legit. But this was incredible, and not just because they knew to plug Shiner Bock.

Southwest CEO Gary Kelly's Amazing Tribute Video To Retiring American CEO Doug Parker - View from the Wing

On October 22nd American Airlines CEO Doug Parker received the Wings Club's Lifetime Achievement Award. I shared the video American prepared for the event, and Parker's acceptance speech, earlier today in my coverage of his retirement announcement. Parker will stay as CEO through March 31 when...

viewfromthewing.com