American Airlines Names New Top Leadership - NBC 5 Dallas-Fort Worth

Coverage of the merger between American Airlines and US Airways

American Airlines Names New Top Leadership



    American Airlines Names New Top Leadership
    American Airlines and US Airways jets prepare for flight at gate at the Philadelphia International Airport, in this Feb. 14, 2013 file photo taken in Philadelphia. (AP Photo/Matt Rourke)

    The new American Airlines will have more top executives from smaller US Airways than from the current American.

    The companies named eight senior executives on Monday, including five from US Airways and three from American parent AMR Corp. AMR and US Airways Group Inc. hope to complete their proposed merger this summer.

    The new team joins US Airways CEO Doug Parker, who will hold the same title after the merger. AMR CEO Tom Horton will serve briefly as chairman before exiting next year.

    Parker is keeping the core of his inner circle intact. The new leadership team includes US Airways President Scott Kirby and others who have worked alongside Parker for several years.

    Although AMR creditors and shareholders will own 72 percent of the new company, and it will still be based in Fort Worth, Texas, the makeup of the executive team underscores that it was Parker who drove the merger and convinced AMR's unions and bankruptcy creditors to support him.

    AMR and American filed for bankruptcy protection in November 2011. For many months, Horton considered the idea of emerging from Chapter 11 as a stand-alone company, not a merger partner, but creditors decided otherwise.

    The airlines also announced the 12 directors of the new company, to be called American Airlines Group Inc. They include Parker and Horton. Former Kraft Foods Group Inc. Chairman John T. Cahill will be the lead outside director.

    The senior executives joining from US Airways are Kirby as president, Derek Kerr as chief financial officer, Robert Isom as chief operating officer, and Elise Eberwein and Stephen Johnson as executive vice presidents.

    From AMR's ranks, Parker and Horton picked Beverly Goulet as chief integration officer, Maya Leibman as chief information officer, and William Ris as senior vice president of government affairs.

    Another AMR veteran, Daniel Garton, will step down as CEO of American's regional-flying affiliate American Eagle later this year, the companies said. No immediate successor was named.

    The management shakeup has long been rumored since Parker and his team were successful in their bid to merge with the larger but bankrupt American.

    While Parker has denied it was a takeover, he clearly won the battle to head the new airline, which will become the world's largest and continue to be based in Fort Worth.

    Outgoing American Airlines' executives will get severance packages, which have been in the works for many weeks one insider told NBC DFW.

    Outgoing American CEO Tom Horton's proposed $20 million severance has drawn criticism and has not won final approval.

    NBC 5's Scott Gordon contributed to this report.

    American Airlines Merger:
    Complete coverage of the merger between American Airlines and US Airways into the newly-formed Fort Worth-based company, American Airlines Group (AAL). Click here for more.