Delta Chairman Richard Anderson Retires
October 11 2016 - 6:36PM
Dow Jones News
By Ezequiel Minaya
Delta Air Lines Inc. said Tuesday that board Chairman Richard H.
Anderson had retired and would be replaced by Francis S. Blake, a
former CEO of Home Depot Inc.
Mr. Anderson had been on Delta's board since 2007, the year he
was appointed CEO of the airline. He was named executive chairman
of the board in May, when he retired as head of the company.
Mr. Blake, who has been on the board since 2014, will now serve
as nonexecutive board chairman.
Mr. Anderson displayed a steady hand at the helm of
Atlanta-based Delta, among the nation's largest airlines by
traffic. He arrived just after it emerged from bankruptcy-court
protection, merged it with Northwest Airlines a year later, and
built the combined company into a highly profitable machine.
He was followed as CEO of the carrier by Ed Bastian, then the
airline's longtime president.
Last week, Delta said in an investor update that cost controls
and productivity efforts helped the carrier maintain its
third-quarter outlook despite an August computer outage that forced
the airline to cancel more than 2,100 flights over three days.
Write to Ezequiel Minaya at ezequiel.minaya@wsj.com
(END) Dow Jones Newswires
October 11, 2016 18:21 ET (22:21 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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