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Old Dec 13, 12, 6:33 pm   #1
 
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United Continental names CEO Smisek as chairman

I didn't see a thread on this yet.

Jeff Smisek now has the controls at United Airlines.
Smisek, the president CEO of United Continental Holdings Inc., will also become the company's chairman, effective Dec. 31. He is replacing Glenn Tilton.


http://finance.yahoo.com/news/united...001230063.html
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Old Dec 13, 12, 6:36 pm   #2
 
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Quote:
Originally Posted by n198ua View Post
I didn't see a thread on this yet.

Jeff Smisek now has the controls at United Airlines.
Smisek, the president CEO of United Continental Holdings Inc., will also become the company's chairman, effective Dec. 31. He is replacing Glenn Tilton.


http://finance.yahoo.com/news/united...001230063.html
Quote:
The airline also added to the responsibilities of Jeff Foland, who had previously overseen its technology. He's now executive vice president for marketing, technology, and strategy. Foland worked for United before the merger.
well that's good... right?
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Old Dec 13, 12, 6:47 pm   #3
 
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Quote:
Originally Posted by n198ua View Post
I didn't see a thread on this yet.

Jeff Smisek now has the controls at United Airlines.
Smisek, the president CEO of United Continental Holdings Inc., will also become the company's chairman, effective Dec. 31. He is replacing Glenn Tilton.


http://finance.yahoo.com/news/united...001230063.html
Combine this with the fact that much of the board seems to be from Continental, the officers are from Continental, and his executive management team is Continental: His control appears to be absolute.
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Old Dec 13, 12, 7:02 pm   #4
 
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Originally Posted by mitchmu View Post
Combine this with the fact that much of the board seems to be from Continental, the officers are from Continental, and his executive management team is Continental: His control appears to be absolute.
All we need now is a voice saying, 'I am your faaaaather.'
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Old Dec 13, 12, 7:16 pm   #5
 
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All we need now is a voice saying, 'I am your faaaaather.'
That will be on Jan in-flight video and it will repeat endlessly.
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Old Dec 13, 12, 7:20 pm   #6
 
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Cue the Dr. Evil Laugh at 77 Wacker...
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Old Dec 13, 12, 7:30 pm   #7
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United Continental names CEO Smisek as chairman

This was the plan from day 1 communicated as such

No surprise

Who knew one day we would be saying the UA CEO can't hold Tilton's jock.
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Old Dec 13, 12, 9:19 pm   #8
 
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Originally Posted by dsquared37 View Post
All we need now is a voice saying, 'I am your faaaaather.'
Awesome.. Now change the name back to Continental..
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Old Dec 13, 12, 9:29 pm   #9
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Originally Posted by Dhamal View Post
Awesome.. Now change the name back to Continental..
+1

Honesty is always a good policy.
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Old Dec 13, 12, 10:17 pm   #10
 
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Yea, just what good corporate governance says you should do. NOT!!!!!
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Old Dec 13, 12, 10:20 pm   #11
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Come back, Glenn! Dig the airline out of the grave that Jeff has dug for it.
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Old Dec 13, 12, 10:31 pm   #12
 
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Originally Posted by FriendlySkies View Post
Come back, Glenn! Dig the airline out of the grave that Jeff has dug for it.
Are you kidding me? You don't remember how much Glenn was bashed on this board a few years ago? Short memories around here...
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Old Dec 13, 12, 10:33 pm   #13
 
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Originally Posted by FriendlySkies View Post
Come back, Glenn! Dig the airline out of the grave that Jeff has dug for it.
The above sentence will be the official Webster dictionary for the word "Irony".
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Old Dec 13, 12, 10:35 pm   #14
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Are you kidding me? You don't remember how much Glenn was bashed on this board a few years ago? Short memories around here...
Not by high value, high spend high mile customers.

Tilton hosed employee pensions, but he was good to those customers, continuing to make the travel exp and MP better for them.

I can't imagine a single PMUA 1K from the PMUA regime that wouldn't trade back for Tilton in a heartbeat.
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Old Dec 13, 12, 10:49 pm   #15
 
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Originally Posted by FriendlySkies View Post
Come back, Glenn! Dig the airline out of the grave that Jeff has dug for it.
He doesn't seem to have done much to stop the goings-on this year, so his replacement with Smeagol as Chairman probably won't make much difference.

However, what is concerning is that this shows that, rather than putting him on notice for this year's performance, the Board is signalling that they love his work. Suggests to me that nothing will change significantly for the better in 2013 either.
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