American Airlines Names Robert Isom To Succeed Doug Parker As CEO

American Airlines Group Inc AAL appoints Robert Isom, currently its president, as the next chief executive officer. Isom also will join the airline's board of directors.

• The current CEO Doug Parker will retire on March 31, 2022, and will continue serving as chairman of the company's board.
• Isom is President of American Airlines Group and American Airlines, its principal subsidiary company. Previously served as EVP and COO at American after holding the same position at US Airways.
• American Airlines noted Isom brings over 30 years of global industry and leadership experience across finance, operations, planning, marketing, sales, alliances, pricing, and revenue management.
• Price Action: AAL shares are trading higher by 3.18% at $18.5 during the pre-market session on Tuesday.