American Airlines said Doug Parker plans to retire as CEO, with Robert Isom taking the helm
Robert Isom, who has served as American’s president since 2016, will take over as CEO on March 31, 2022, the company said Tuesday. Mr. Parker will continue to serve as chairman of American’s board.
Mr. Parker’s career has been bookended by crises: He took the helm at America West Airlines in 2001, just 10 days before the Sept. 11 terrorist attacks. Now he is departing as airlines. He has been a champion of consolidation, engineering mergers that transformed the industry and built American into an industry giant.
Mr. Parker was quick to recognize last year that airlines would need financial help to avoid catastrophe during the pandemic, becoming one of the most vocal and visible advocates for a $54 billion government payroll support program. American was particularly vulnerable, having entered the pandemic with more debt than rivals.
That aid helped avert thousands of layoffs, but it has been called into question lately by lawmakers who have become frustrated that some carriers, including American, have struggled with staffing and other problems as they have emerged from the pandemic.
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