In the latest development, United Continental Holdings (UAL) announced that it has initiated a search to replace its finance chief Andrew Levy, who has decided to leave the company. For the second time, the company has named its treasurer Gerry Laderman as the acting CFO.
“I personally want to thank Andrew for his contributions to United. He leaves the company in a stronger financial position and with a clear strategy and framework in place,” said CEO Oscar Munoz. It is still not clear where Levy is going to.
United Airlines appointed Andrew Levy as executive vice president and CFO on August 18, 2016. Levy came to United after over 13 years of leadership at Allegiant Travel Company (ALGT).
Meanwhile, Laderman has held legal and financial positions of increasing responsibility at the company for nearly 30 years. He will continue to execute United’s overall financial strategy, including cost management, capital allocation and balance sheet optimization.
Most Popular
Important takeaways from Paychex’s (PAYX) Q2 2025 earnings report
Paychex Inc. (NASDAQ: PAYX), a leading provider of human resources and payroll services, reported better-than-expected revenue and profit for the second quarter of fiscal 2025, sending the stock higher soon
Lamb Weston’s (LW) challenges may not end soon, a few points to note
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) turned red in mid-day trade on Friday. The stock has dropped 19% in the past one month. The company delivered disappointing results
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
