DALLAS – The new American Airlines will have more executives from smaller US Airways than from the current American.
The companies last week named eight senior executives, including five from US Airways and three from American parent AMR Corp. AMR and US Airways Group Inc. hope to complete their proposed merger this summer.
The new team joins US Airways CEO Doug Parker, who will hold the same title after the merger. AMR CEO Tom Horton will serve briefly as chairman before exiting next year.
Parker is keeping the core of his inner circle intact. The new leadership team includes US Airways President Scott Kirby and others who have worked alongside Parker.
Although AMR creditors and shareholders will own 72 percent of the new company, and it will still be based in Fort Worth, Texas, the makeup of the executive team underscores that Parker drove the merger and convinced AMR’s unions and bankruptcy creditors to support him.
AMR and American filed for bankruptcy protection in November 2011. For many months, Horton considered the idea of emerging from Chapter 11 as a stand-alone company, not a merger partner, but creditors decided otherwise.
The airlines also announced the 12 directors of the new company, to be called American Airlines Group Inc. They include Parker and Horton. Former Kraft Foods Group Inc. Chairman John T. Cahill will be the lead outside director.
The senior executives joining from US Airways are Kirby as president, Derek Kerr as chief financial officer, Robert Isom as chief operating officer, and Elise Eberwein and Stephen Johnson as executive vice presidents.
From AMR’s ranks, Parker and Horton picked Beverly Goulet as chief integration officer, Maya Leibman as chief information officer, and William Ris as senior vice president of government affairs.