American Airlines SVP of finance and investor relations Devon May will become the company’s CFO, effective Jan. 1, 2023, the company announced Tuesday. May will replace Derek Kerr as part of what the carrier termed as a “long-planned succession process.”
Kerr will remain with American as vice chair, president of American Eagle and strategic advisor, and will continue to lead American’s regional and cargo teams, according to the company. American CEO Robert Isom in a statement called Kerr “quite simply the best CFO in the history of the airline industry,” and credited him for his role in the merger between American and US Airways as well as helping the carrier through the pandemic.
May, who will report to Isom, joined American in 2013 upon the merger with US Airways. He had joined US Airways when that carrier in 2005 merged with America West Airlines, which he had joined in 2002. May’s positions across the three carriers centered on finance, operations, network planning, alliances and investor relations.
“Devon is the perfect person to lead our finance organization going forward as we continue to focus on achieving sustained profitability and reducing debt,” according to Isom.
For all the latest Business News Click Here
For the latest news and updates, follow us on Google News.
Denial of responsibility! NewsBit.us is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
