Tag Archives: CEO Oscar Munoz

United’s CEO Oscar Munoz to hand the reigns to J. Scott Kirby

United Airlines today announced 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. As CEO, Munoz has transformed United’s culture and set new standards of operational and financial performance. 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 was recruited to United Airlines by Munoz in August 2016, after a three-decade career in the commercial airline business. His appointment reflects a commitment from Munoz and the Board to preserve leadership continuity and demonstrates confidence in the airline’s strategy and current trajectory.

“When I joined United as CEO, I laid out ambitious goals to build a new spirit of United by regaining the trust of our employees and customers โ€“ and I’m proud of how far we’ve come,” Munoz said. “Along with the successful implementation of the plan our team laid out in January 2018, United’s operational and financial performance isn’t just better โ€“ it’s better than ever. By instilling a culture of ‘proof not promise,’ we have transformed United even faster than we expected and there’s an incredible sense of excitement about the future.”

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.

“I am 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.

As part of this transition, United’s current Chairman, Jane Garvey, will retire from the Board in May 2020 after more than a decade of exceptional 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.

“On 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 also announced that Ted Philip will become Lead Independent Director following the 2020 Annual Meeting of Shareholders. Philip joined 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 announced today will take effect following the company’s Annual Meeting of Shareholders, scheduled for May 20, 2020.

United Airlines Boeing 767-322 ER WL N674UA (msn 29242) LHR (Antony J. Best). Image: 948476.

Above Copyright Photo: United Airlines Boeing 767-322 ER WL N674UA (msn 29242) LHR (Antony J. Best). Image: 948476.

United Airlines aircraft slide show (Boeing, new livery):

United Airlines updates the public on CEO Oscar Munoz’s medical condition

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United Airlines (Chicago) has announced that Oscar Munoz, the company’s president and CEO, underwent a heart transplant operation on January 6 and is in recovery. A transplant was considered the preferred treatment and was not the result of a setback in his recovery. The United team wishes Oscar well during his recovery, and expects him to return to United at the end of the first quarter or the beginning of the second quarter.

The company later updated the CEO’s condition:

United Airlines announced that Oscar Munoz, the company’s president and CEO, is currently recovering well following the heart transplant he received on January 6, 2016. He is still expected to return from his previously announced medical leave at the end of the first quarter or the beginning of the second quarter of 2016. Brett J. Hart will continue as the acting CEO until Munoz’s return.

In a letter to employees on November 5, 2015, Munoz stated that he expected to return full time in the first quarter of 2016. Since his heart attack on October 15, 2015, Munoz has been progressing well, with the assistance of an implanted medical device. A transplant was considered to be preferable to long-term reliance on the implanted device and was not the result of a setback in his recovery. Munoz had been cleared to return to work prior to the transplant. Since early December, Munoz had been gradually resuming company-related activities in collaboration with Hart, visiting with employees, and participating in meetings at the company’s headquarters.

Dr. Duc Pham, MD, Director of the Northwestern Medicine Heart Transplant Program, commented, “The surgical team was quite pleased with how the procedure went. The patient’s early course has been excellent, and the transplanted heart is functioning very well. We are very optimistic about his prospects for a complete recovery.”

“Given Mr. Munoz’s excellent physical condition and the rapid pace of his recovery prior to the transplant, we expect a quick recovery and a return to his duties as CEO,” said Patrick M. McCarthy, MD, Chief of Cardiac Surgery for Northwestern Medicine.

“We wish Oscar well as he progresses on his road to recovery, and we look forward to his expected return,” said Henry L. Meyer III, non-executive chairman of the board of directors. “We take comfort in the prognosis for Oscar’s full recovery, based both on the report from his medical team and what we have learned about transplants from our own consulting cardiologist. We will, of course, be monitoring Oscar’s progress closely and both his and the board’s focus will be on the best interests of our shareholders. In the meantime, the board is working closely with Brett and the full executive team to continue delivering on our commitments to customers and employees.”

“I want to assure all of our customers, employees and partners that as Oscar completes his recovery, we remain focused on leading the company forward and implementing Oscar’s strategic vision,” said acting CEO, Hart.

AG Read the Real WAN

United releases a statement from its ailing President and CEO Oscar Munoz

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United Airlines (Chicago) has distributed the following letter to employees on behalf of President and CEO Oscar Munoz:

Dear United team,

Thank you for all the thoughts and prayers you sent to my family and me over the past few weeks. I am excited to tell you that I am on the road to recovery. My time away will be a little longer than I would like, but based upon discussion with my doctors I will be back in the first quarter.

I’m personally grateful to Brett and the entire management team for their leadership and for embracing United’s new direction. I know each one of you is committed to achieving our full potential, continuing to focus on building and delivering our shared purpose of making United not only the best airline to fly, but also the best place to work.

While I have been part of the United family for only a short time, I’ve built many valued and strong relationships so far, and I can’t wait to come back.

As I’m sure you can appreciate, this has been a difficult time for me and my family. Your messages of encouragement have helped profoundly. I look forward to seeing you in 2016 to continue working together to build a great airline.

Sincerely,

Oscar

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