American Airlines CEO Retiring

American Airlines CEO Doug Parker is retiring in 2022.

He will still remain as chairman of American’s board.

From CNBC:

American Airlines CEO Doug Parker is stepping down next year after two decades running airlines and will be replaced by the carrier’s president, Robert Isom, on March 31, the company announced Tuesday.

It’s the second leadership change for a major airline set for next year. The new CEOs will be tasked with driving airlines’ recovery from the Covid pandemic’s toll. Southwest Airlines CEO Gary Kelly will step down in February, handing the reins to another long-time executive, Bob Jordan, in February.

Parker will continue as chairman of American’s board.

“It likely would have happened sooner, but the global pandemic — and the devastating impact it had on our industry — delayed those plans,” Doug Parker said in a note to staff on Tuesday.

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