Showing posts with label United Puts Off CEO’s Added Role as Chairman Amid Dragging Furor. Show all posts
Showing posts with label United Puts Off CEO’s Added Role as Chairman Amid Dragging Furor. Show all posts

Saturday, April 22, 2017


By Bloomberg, April 21, 2017

United Airlines canceled Chief Executive Officer Oscar Munoz’s expected 2018 elevation to chairman and tied compensation more closely to customer service, after a passenger’s forcible removal from a flight sparked a public-relations disaster.

Maintaining an independent chairman “is a means to ensure that Mr. Munoz is able to more exclusively focus on his role as chief executive officer,” United Continental Holdings Inc. said in a regulatory filing Friday. The carrier said it would link executive bonuses in part to “demonstrable progress toward improvements in the customer experience.”


Read More: https://www.bloomberg.com

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