United Airlines CFO Laderman to retire in 2024

by Reuters

(Reuters) -United Airlines Holdings Inc said on Wednesday its Chief Financial Officer Gerry Laderman had announced plans to retire in 2024.

The Chicago-based carrier plans to appoint a new CFO later this year.

Laderman is expected to retire in September 2024 after being appointed to the role in 2018, the airline said in a regulatory filing.

Laderman, a 35-year United veteran, played a pivotal role in steering the airline through the 2020 pandemic and lead the team that arranged $2 billion and $6 billion in financing.

Prior to becoming CFO, Laderman served as senior vice president of finance, procurement, and Treasurer at United.

Shares of the airline rose 2.1% before the bell, tracking a 2.4% jump in American Airlines’ stock, after the carrier raised its second-quarter profit outlook on lower fuel costs.

Related News:  Disney's 100-year journey from garage studio to media empire

(Reporting by Aishwarya Nair in Bengaluru; Editing by Rashmi Aich)

tagreuters.com2023binary_LYNXMPEJ4U0GS-BASEIMAGE

author avatar
Reuters

You may also like

You can't access this website

Shore News Network provides free news to users. No paywalls. No subscriptions. Please support us by disabling ad blocker or using a different browser and trying again.