United airlines holdings, inc. announces management changes

United airlines holdings, inc. announced that oscar munoz, chief executive officer, will transition to the role of executive chairman of the board of directors in may 2020. as ceo, munoz has transformed united's culture and set new standards of operational and financial performance. j. scott kirby, president, will succeed munoz as chief executive officer. kirby was recruited to united airlines by munoz in august 2016, after a three-decade career in the commercial airline business. his appointment reflects a commitment from munoz and the board to preserve leadership continuity and demonstrates confidence in the airline's strategy and current trajectory. munoz will serve as executive chairman for a one-year term and will continue to work closely with kirby, the board and the united team in shaping united's employee and customer-centric culture. he will also lead the company's board and continue to engage on behalf of united with a range of external stakeholders. the company also announced that ted philip will become lead independent director following the 2020 annual meeting of shareholders. philip joined the board in july 2016 and chairs the nominating/governance committee. he also currently serves on the board of directors of hasbro, inc. and brp inc. all of the changes announced will take effect following the company's annual meeting of shareholders, scheduled for may 20, 2020.
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