American Airlines has appointed Greg Smith as Independent Chairman of American Airlines Group Board of Directors, effective April 30, 2023. Mr. Smith (56) will succeed Doug Parker who is retiring from the board at that time.
On Thursday (February 23, 2023), American Airlines announced the appointment of Greg Smith as Independent Chairman of the Board of American Airlines Group’s Board of Directors. Mr. Smith (56) will succeed Doug Parker, who will retire at that time, and the appointment is part of the Board’s long-term succession planning process. Greg Smith joined American’s Board in January 2022, after a 30+ year career with The Boeing Company, serving most recently as Executive Vice President and CFO.
In Thursday’s announcement, American’s current Board Chairman, Doug Parker, said,
“Our CEO transition has been flawless thanks to the great work of Robert Isom, his team and our board. Now is the right time for our chairman transition and we are fortunate to have Greg Smith in place to assume that role. Greg has made outstanding contributions since joining American’s board, and his strong knowledge of the aviation industry and his decades of leadership experience will be invaluable going forward.”
Also commenting on his upcoming role, American Airlines Group’s new Chairman of the Board, Greg Smith, said,
“It’s an honor and privilege to serve as a board member and now as chairman of this iconic company. Due to the leadership and dedication of Doug, Robert and the entire American team, we are well-positioned to take the airline to the next level of excellence. The board and I look forward to working with Robert and this great team as we lead American Airlines into the future.”
Commenting on Doug Parker’s retirement, American’s CEO, Robert Isom, added,
“The American Airlines team will be forever grateful to Doug for building our airline into what it is today. On a personal note, I’m thankful for Doug’s partnership over the past year as I took on the CEO role. I look forward to continuing to work with the board and Greg in his new role as we shape the American Airlines of the future.”
American Airlines’ purpose is to “Care for People on Life’s Journey.” Shares in the American Airlines Group, Inc., trade on NASDAQ under the ticker symbol AAL and the company’s stock is included in the S&P 500.
Source: American Airlines