It is believed that Anderson’s previous experience in airlines will help the passenger railroad industry giant, which has suffered cutbacks from Congress and unsure financing for its new expansion in New York. I am honored to accept the challenge of leading this legendary company into a future that holds great promise,” Anderson said. To Latin America and the Caribbean, Delta offers more than 600 weekly flights to nearly 60 destinations. (HD) Delta Air Lines Airbus A330-300 Window Wing View MSP Takeoff - Atlanta Landing - Duration: 16:40. 2015 SkyMiles program with new mileage earning structure and more redemption options. To kick the day off, Anderson stopped by ... Delta will welcome 100 employees today into the ranks of its Chairman's Club, the airline's most prestigious honor, recognizing those who embody Delta values and who distinguish themselves with their exceptional service to customers and the community. Jay’s O'Hare Aviation & HD Plane Spotting 7,694 views 16:40 He brings complementary strengths to Delta’s highly talented leadership team and high admiration for the people of Delta and their recent success in restructuring to become a fiercely competitive airline.” Delta's marketing alliances also allow customers to earn and redeem SkyMiles on nearly 15,000 flights offered by SkyTeam and other partners. The third quarter is traditionally the strongest period of the year for airlines due to the busy summer travel season. This year, Delta’s annual “Breast ... From Atlanta to Seattle and Miami to New York, dozens of news organizations shared the news of Delta’s announcement Wednesday that it would invest more in employee pay and benefits. Anderson also serves as a member of the Board of Directors for Cargill Inc. and Medtronic Inc. Anderson holds a bachelor’s degree from the University of Houston and a Juris Doctor degree from South Texas College of Law. Francis S. “Frank” Blake, who has been lead director since May 2016, will succeed Anderson as Delta’s non-executive chairman. Anderson was born in 1955 in Galveston, Texas. These risks and uncertainties include, but are not limited to, the cost of aircraft fuel; the impact that our indebtedness will have on our financial and operating activities and our ability to incur additional debt; the restrictions that financial covenants in our financing agreements will have on our financial and business operations; labor issues; interruptions or disruptions in service at one of our hub airports; our increasing dependence on technology in our operations; our ability to retain management and key employees; the ability of our credit card processors to take significant holdbacks in certain circumstances; the effects of terrorist attacks; and competitive conditions in the airline industry. In 2017, Anderson became the President and CEO of Amtrak in a three-year contract that provides Anderson with a salary of zero. Fundamental to Delta’s values is a strong, historic commitment to caring for our employees, customers and the communities where we live, work and serve. B-roll available Economic inequality refers to the disparities in income and wealth among individuals in a society. “With a solid strategy in place that provides a dynamic platform for future growth and success, I look forward to working side by side with Delta professionals to make Delta an undisputed leader in customer service, operational performance and financial strength and stability. In 1982 he graduated from South Texas College of Law and took a job in the prosecutor’s office in Harris County, Texas. Anderson, age 52, has nearly 20 years of airline industry experience and will become the eighth CEO in Delta’s 78-year history. At that time, Mr. Anderson will be elevated to Executive Chairman of the Delta Air Lines Board of Directors. His past career highlights include the CEO positions at Northwest Airlines and Delta Airline. “The Delta Air Lines CEO has fundamentally changed the U.S. airline industry,” the magazine wrote. Feed time: 5-6 p.m. EDT “I have known Richard for a long time. The prestigious Harvard Business Review has rated Delta CEO Richard Anderson among the “best-performing CEOs in the world.” Anderson was the only airline chief – U.S. or abroad - to make the HBR list. Statements in this news release that are not historical facts, including statements regarding our estimates, expectations, beliefs, intentions, projections or strategies for the future, may be “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Delta’s stock was trading at $46.60 per share, up nearly 5 percent, mid-morning. The Seattle Times, whose home city hosts a growing Delta hub, called the package “hefty.” The Minneapolis Star-Tribune wrote that ... Anderson retiring from Delta board of directors; Frank Blake named non-executive chairman, Atlanta mayor celebrates CEO Anderson with Phoenix Award, tears, Political fixture praises Anderson from Senate floor, PHOTOS: Anderson and Bastian, a leadership tandem, Social media celebrates Anderson, welcomes Bastian, What Wall Street is saying about Delta’s executive transition, Aviation Week: Delta CEO is Person of Year, Delta's CEO kicks off Investor Day 2015 on CNBC, Delta rolls out red carpet for its top employees, Delta to report strong 3Q profits Wednesday. “I am looking forward to working with Richard as we position our company for an even stronger future.” Anderson brings to Delta extensive leadership experience at the most senior levels in … Transponder 3 Channel A9 “It has been a privilege to serve this company and the greatest people in the industry,” Grinstein said. Delta Air Lines operates service to more destinations than any global airline with Delta and Delta Connection flights to 328 destinations in 56 countries. Downlink 11746.5 Vertical With Anderson’s appointment, Gerald Grinstein, 75, will retire from his position as CEO and a member of the Board of Directors effective Sept. 1, concluding his distinguished 20-year tenure as a Delta director. With Wednesday's announcement of Richard Anderson’s retirement from Delta, social media lit up with messages of appreciation and well wishes for the outgoing CEO. AMC 2 KU Digital Forward-looking statement Investopedia uses cookies to provide you with a great user experience. 9MHZ The airline’s market capitalization, which reflects the total value of a ... Aviation Week has named Delta CEO Richard Anderson its 2015 Person of the Year, citing his influence on the U.S. airline industry. Richard H. Anderson is an American businessman who has made a career out of helping companies in the transportation sector. Richardson had no aims towards a corporate career, but in 1987 a neighbor tipped him that Continental Airlines had a position open in their legal department and Richardson applied. Most recently, Anderson served as executive vice president of UnitedHealth Group and president of UnitedHealth’s Commercial Markets Group. Anderson will become CEO effective Sept. 1. Robert Crandall is a former president, CEO, and chairman of AMR Corporation, the holding company for American Airlines, from 1985 to 1998. “After a thorough search, the Board concluded that Richard Anderson possesses the right blend of seasoned leadership, strategic skills, international experience and airline knowledge the company needs to navigate the industry’s challenges and capitalize on its opportunities,” said Daniel A. Carp, chairman of Delta’s Board of Directors. Reed at times fought back tears as he peppered his remarks on the new 20-year Atlanta airport lease agreement with high praise for ... U.S. Sen. Johnny Isakson, R-Ga., paid tribute to Richard Anderson from the floor of the Senate Monday, praising the Delta CEO’s contributions to the airline industry and the American economy over the past nine years.