
In somewhat of a surprise move, Delta Air Lines (DAL) named board member Richard Anderson as the airlines new CEO, replacing Gerald Grinstein, 75. It's a partial surprise because Grinstein had been known to favor hiring someone from the current management team that had helped them turn things around at the company. The board overruled him on that.
"After a thorough search, the board concluded that Richard Anderson possesses the right blend of seasoned leadership, strategic skills, international experience and airline knowledge the company needs to navigate the industry's challenges and capitalize on its opportunities," said Daniel Carp, chairman of Delta's board.
Almost immediately after the announcement that Anderson would be named CEO of the company, rumors started swirling around the possibility that Delta and Northwest would merge. Anderson put that to rest right away, saying there are no plans for that to happen. Anderson was the former CEO of Northwest (NWA), the
reason for the rumor.
While Anderson has had extensive experience in the airline industry, probably the deciding factor in the decision is the background he's had in the Asia and Far East markets, which is what Delta is looking toward for future growth.
Anderson is now an executive at UnitedHealth Group Inc. (UNH), and will be taking over the reigns of Delta on September 1.
Sponsored link: The outsourcing every manager requires - Tampa Locksmith









Comment Preview