by Gilbert B Norman
The New York Times, as well as many other outlets, reports that CSX President (as distinct from CEO) Oscar Munoz, has "taken off" to become CEO of United Airlines. I can't think of when else a Class I executive has gone over to a major airline as CEO:
http://www.nytimes.com/2015/09/09/busin ... ation.html" onclick="window.open(this.href);return false;
Fair Use:
http://www.wsj.com/articles/united-cont ... 1441746428" onclick="window.open(this.href);return false;
http://www.nytimes.com/2015/09/09/busin ... ation.html" onclick="window.open(this.href);return false;
Fair Use:
United Airlines said on Tuesday that its chief executive, Jeff Smisek, and two other senior officials had stepped down amid a federal corruption investigation.Here is coverage by the Wall Street Journal (possible paywall):
The airline is under investigation by the United States attorney in New Jersey over whether it had improperly sought to influence senior officials at the Port Authority of New York and New Jersey.
The company said it had named Oscar Munoz as president and chief executive to replace Mr. Smisek, the company’s chief executive since it merged with Continental Airlines in 2010. Mr. Munoz, a member of the United board, previously served as president and chief operating officer of the rail giant CSX.
http://www.wsj.com/articles/united-cont ... 1441746428" onclick="window.open(this.href);return false;