Report: Delta Picks Former Northwest Airlines CEO As Grinstein Successor | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Airborne Unlimited-
Monday

AMA Drone Report-
Tuesday

Airborne Unlimited-
Wednesday

Airborne-Unmanned
w/AUVSI-Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne 10.23.17

AMA 10.19.17

Airborne 10.18.17

Airborne-Unmanned 10.17.17

Airborne 10.20.17

Airborne-YouTube

Airborne 10.23.17

AMA 10.19.17

Airborne 10.18.17

Airborne-Unmanned 10.17.17

Airborne 10.20.17

NEW!!! 2017 AirVenture Innovation Preview -- YouTube Presentation / Vimeo Presentation

Tue, Aug 21, 2007

Report: Delta Picks Former Northwest Airlines CEO As Grinstein Successor

Richard Anderson Spent 14 Years With NWA, Two As Chief Exec

The question of who will succeed Gerald Grinstein as Chief Executive Officer of Delta Air Lines appears to have an answer. Numerous reports state Richard Anderson, who served as CEO of Northwest Airlines from 2002-2004, will be named as Delta's new CEO Tuesday.

The Atlanta Journal-Constitution reports Anderson, 52, was named to Delta's new board of directors when the carrier emerged from Chapter 11 bankruptcy in April.

Anderson (right), currently executive vice-president at UnitedHealth Group, spent 14 years at Northwest, starting in the airline's legal department. He served as CEO as Northwest spiraled downward towards near-oblivion, in the face of high costs, low-fare competition, and the industry-wide post-9/11 downturn.

As ANN reported, both Northwest and Delta filed for Chapter 11 bankruptcy on the same day in September 2005.

The decision to name Anderson as CEO appears to contradict Grinstein's wish to have his successor picked from within Delta's current management structure, which along with Grinstein saw Delta through the torturous bankruptcy period, as well as its successful thwarting of a hostile takeover bid from US Airways. Ed Bastian, Delta's Chief Financial Officer, and COO Jim Whitehurst were seen as the most likely candidates.

Bastian will reportedly serve as President under Anderson, according to a report by branding consultant Jeremy C. Garlington, who also speculates Whitehurst will resign immediately.

Given Anderson's past history with Northwest, his appointment will likely fuel renewed speculation of a Delta/NWA merger down the line.

"It makes you wonder whether that facilitates discussions or frustrates them," airline consultant Robert Mann told The Wall Street Journal.

FMI: www.delta.com

Advertisement

More News

AMA Drone Report 10.19.17: Drone/Airliner Midair?, FAA Sued, CNN 107 Waiver

Also: Swedish Drone Ban Lifted, Rocky Mountain Hobby-Expo, Drone Shark Detection, Kittyhawk DJI Sync 2.0 Recent reports about a midair collision between a jet and a drone have been>[...]

Airborne-Unmanned 10.17.17: Eagles v Drones, DJI AeroScope, Drone Policy

Also: AeroVironment Award, Washington State Patrol, Altavian Nova UAS, Robotaxis The French Military is training four Golden Eagles to attack drones in flight as a way to defend ag>[...]

RFP: ANN Seeking New Site/Facility For Major Studio Upgrade

It's Official: Aggressive Upgrades For New Airborne Programs WILL Require New Digs It's been in development for years, but we're getting to a point where we think we can pull off s>[...]

Airborne 10.20.17: Santa Monica Setback, Red Bull Aviatrix, C-49 Flies Again

Also: HondaJet World Tour, Barnstorming, SpaceX, Dauntless, Fixed-Wing VTOL, Gravitational-Waves, Swedish Drones The City of Santa Monica may now proceed with shortening the runway>[...]

Aero-News: Quote of the Day (10.23.17)

“The reality is space is becoming a common domain for human endeavor. There were different times in our history where this was predicted, but this is no longer just a predict>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC