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United Airlines Names Oscar Munoz Chief Executive Officer
CHICAGO, Sept. 8, 2015 /PRNewswire/ -- United Continental Holdings, Inc. UAL, +1.45% today announced that it has named Oscar Munoz as president and chief executive officer. Munoz will also continue to serve on United's board of directors. The board appointed Henry L. Meyer III, United's lead independent director, to serve as non-executive chairman of the board of directors. (www.marketwatch.com) Más...Sort type: [Top] [Newest]
I don know all of the "legalities" involved in the smisek situation,but I do know the employees of continental before it was "eaten" by united airlines,did not care for him nor respect his leadership..they liked bethune much better and he had his own issues..continental was once "the proud bird with the golden tail" under others leadership, and their customer service showed it..when mediocre united airlines managed to take over,the whole aura that was continental disappeared..i am not at all surprised there was some "underhanded" dealings going on with christie or officials in new jersey..i hope mr munoz can bring back respect for united in some way...
I was an IT contractor for CO during the last year of Bethune's leadership, and was there midway through the Merger (2011). I had a lot of respect for Bethue and Kellner, both who were very friendly to talk to and approachable. Smisek not so much.
That said, the move to Chicago was big tax incentives - along with the prestige of moving corporate, System Operations and other critical functions into the Willis (Sears) Tower for that prestige. Too many of UA's failed policies and culture ultimately bleed through, and it has damaged the reputation overall.
That said, the move to Chicago was big tax incentives - along with the prestige of moving corporate, System Operations and other critical functions into the Willis (Sears) Tower for that prestige. Too many of UA's failed policies and culture ultimately bleed through, and it has damaged the reputation overall.
Some more shenanigans, tens of thousands of dollars contributed from UAL execs to Christie's campaign a few weeks before a meeting with Christie, at the bottom of this article... http://talkingpointsmemo.com/cafe/how-bridgegate-probe-into-christie-crony-got-united-airlines-chief-fired
I am also inclined to give Mr. Smisek the benefit of the doubt here. I recall years ago that Delta was engaged in similar gymnastics with the Minneapolis airport authority.
Yeah, slower than planned but he was bringing the ship around financially. I hope Munoz can do it. He will have to do better with this Airline than he did on CSX trains.
The September 10 and today's edition (September 11) of the Wall Street Journal has an interesting story-line on this (one not connected to the never-ending gripes about the merger). The "new" United had been hammering the Port Authority for years to upgrade facilities and lower fees given its huge presence at Newark. Regardless of how one views Mr. Smisek's handling of overtures to the Authority Chairman, the Journal articles suggest that the new United CEO will have the same problems in pressuring the Authority for the upgrades.
When I looked at the same time Delta was announcing that Delta was adding a second flight on their route KLGA KCAE. LaGuardia is also run by the Port Authority. I wonder how much business Delta did on the route.
Where are the feds going to ask questions next?
KCAE news release
http://www.columbiaairport.com/abouttheairport/news.aspx?article_id=79