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
Key highlights from Autodesk (ADSK) Q4 2021 earnings results
Autodesk, Inc. (NASDAQ: ADSK) today reported its fourth quarter financial results for the period ended January 31, 2021. Net income for the fourth quarter was $911.3 million, or $4.10 per
Infographic: Beyond Meat (BYND) reports wider Q4 loss; Revenue up 4%
Beyond Meat (NASDAQ: BYND), a specialist in plant-based meat substitutes, Thursday reported a wider loss for the fourth quarter, despite an increase in revenues. The numbers also missed the consensus
Virgin Galactic stock tanks on delayed test flight
Virgin Galactic (NYSE: SPCE) reported fourth-quarter 2020 financial results after the regular market hours on Thursday. The space tourism company reported zero revenue in the fourth quarter, compared to $529,000