Delta Air Lines (DAL) Exec Chairman Anderson to Retire
Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here.
The Board of Directors of Delta Air Lines (NYSE: DAL) announced today that Richard H. Anderson has elected to retire as executive chairman effective this date. Francis S. "Frank" Blake, who has been lead director since May 2016, will succeed Anderson as Delta's non-executive chairman. Blake, the former Chairman and CEO of The Home Depot, joined Delta's board in July 2014.
Anderson served on Delta's board for nearly a decade, becoming a director in April 2007 when the airline emerged from bankruptcy. He was appointed Delta's CEO in August 2007, and was elevated to executive chairman in May 2016 as he retired as CEO.
"Under Richard's leadership, Delta people established themselves as leaders in reliability, customer service and financial performance," Blake said. "His years of service to Delta established a legacy of unmatched dedication to our customers, employees, investors and the communities we serve. He is one of the great leaders in global aviation, and we wish him well."
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- EQT Corp. (EQT) Tops Q3 EPS by 15c; Announces CEO Succession
- SolarCity (SCTY), Balfour Beatty Communities Near Completion of 7-MW Installation at USAF Family Housing Facilities
- Amedisys (AMED) Prelim. Q3 EPS Misses Views
Create E-mail Alert Related CategoriesCorporate News, Management Changes, Management Comments
Related EntitiesTwitter, Bankruptcy
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!