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United Airlines CEO Oscar Munoz Will Not Become Chairman as Planned

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Reuters
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By
Reuters
Reuters
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April 21, 2017, 5:06 PM ET
Key Speakers At The U.S. Chamber Of Commerce Aviation Summit
Andrew Harrer—Bloomberg/Getty Images

United Airlines Chief Executive Oscar Munoz will not chair the company’s board in 2018, it said in a regulatory filing on Friday, following a high-profile incident in which an elderly passenger was dragged from a flight.

In a reversal of Munoz’s earlier employment agreement, he has opted to leave “future determinations related to the Chairman position to the discretion of the Board,” the filing said.

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