12/5/2019, 2:05 PM (Source: TeleTrader)
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United Airlines CEO to step down in May

Oscar Munoz, the chief executive officer of United Airlines, will step down in May in favor of President Scott Kirby, the company announced on Thursday.

Munoz will go on to become executive chairman of United instead of current chair Jane Garvey.

Shares of United were down 1.05% following the news.

Breaking the News / JC