Former Chairman/CEO of AC, Robert Milton, could be next UAL Chairman
http://www.bloomberg.com/news/articl...y-dispute-deal
United Continental Holdings Inc. is nearing an agreement with activist investors that would include replacing Chairman Henry Meyer III as part of a broader board overhaul, people with familiar with the talks said.
Meyer’s departure would clear the way for a successor with deep airline experience, one of the changes sought by Altimeter Capital Management LP and PAR Capital Management Inc., which combined control 7.2 percent of the airline’s stock. The 66-year-old retired banker has served as United’s non-executive chairman since the September ouster of former Chief Executive Officer Jeff Smisek, but drew criticism for communication lapses when new CEO Oscar Munoz fell gravely ill.
Contenders to succeed Meyer include two directors who joined the United board a day before the proxy fight became public: former Air Canada CEO Robert Milton and James Whitehurst, a former chief operating officer at Delta Air Lines Inc., three of the people said. Milton is poised to emerge as the winner because of his stint heading the Canadian carrier and its holding company, two of the people said.