United Air­lines an­nounces re­turn of CEO Os­car Munoz

The Pak Banker - - COMPANIES/BOSS -

NEW YORK: United Con­ti­nen­tal Hold­ings Inc (UAL.N) said on Sun­day that its Pres­i­dent and Chief Ex­ec­u­tive Of­fi­cer Os­car Munoz will re­turn to the air­line full­time as of March 14.

Munoz had suf­fered a heart at­tack last Oc­to­ber and had been on med­i­cal leave since then. The com­pany had ear­lier ap­pointed gen­eral coun­sel Brett Hart as act­ing CEO.

Munoz has been tak­ing ac­tive part in ma­jor de­ci­sions across the com­pany and meet­ing with em­ploy­ees and share­hold­ers dur­ing his re­cov­ery, United said.

Munoz took over as CEO of Chicago-based United in Septem­ber aim­ing to build morale af­ter years of strained la­bor re­la­tions. He re­placed Jeff Smisek, who re­signed be­cause of probes into United's re­la­tion­ship with the Port Au­thor­ity of New York.

Munoz has plenty of work cut out for him. United had the worst cus­tomer sat­is­fac­tion of any North Amer­i­can air­line, with the ex­cep­tion of low-cost car­rier Fron­tier, ac­cord­ing to J.D. Power's 2015 rank­ing.

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