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MarketScreener Homepage  >  Equities  >  Nasdaq  >  United Airlines Holdings, Inc.    UAL

UNITED AIRLINES HOLDINGS, INC.

(UAL)
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UNITED AIRLINES HOLDINGS, INC. : Change in Directors or Principal Officers (form 8-K)

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06/02/2020 | 05:03pm EDT

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 27, 2020, United Airlines Holdings, Inc. (the "Company"), the parent company of United Airlines, Inc. ("United"), announced that Jonathan Roitman, who was serving as the Senior Vice President Airport and Network Operations of United, was appointed Senior Vice President and Chief Operations Officer of the Company effective June 1, 2020. Mr. Roitman will report to J. Scott Kirby, Chief Executive Officer of the Company.

Mr. Roitman, age 54, served as Senior Vice President Airport and Network Operations of United from November 2019 to May 2020. From August 2018 to November 2019, Mr. Roitman served as Senior Vice President Airport and Catering Operations, and from January 2015 to August 2018, he served as Senior Vice President Airport Operations, of United. From December 1997 through January 2015, Mr. Roitman held positions of increasing responsibility at United and, prior to the Company's merger with Continental Airlines, Inc. ("Continental"), Continental, including as Senior Vice President Operations and Cargo, Vice President, Newark Hub, and Vice President, Cleveland Hub. Prior to joining Continental in December 1997, Mr. Roitman was the manager of business development for BWAB Incorporated, a real estate development and oil and gas production firm, and served in the U.S. Army.

There are no arrangements or understandings between Mr. Roitman and any other person pursuant to which he was appointed as an officer of the Company. Mr. Roitman does not have any family relationship with any director or other executive officer of the Company, and there are no transactions in which Mr. Roitman has an interest requiring disclosure under Item 404(a) of Regulation S-K.

At this time, any compensation adjustments in connection with this appointment have not been determined. The Company will file an amendment to this Current Report on Form 8-K disclosing any compensation adjustments made in connection with Mr. Roitman's appointment if and when they have been determined.

Gregory L. Hart, who was serving as the Company's Executive Vice President and Chief Operations Officer, moved into the role of Executive Vice President Strategy and Planning on June 1, 2020.

© Edgar Online, source Glimpses

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Financials (USD)
Sales 2020 18 649 M - -
Net income 2020 -6 130 M - -
Net Debt 2020 17 738 M - -
P/E ratio 2020 -1,46x
Yield 2020 0,04%
Capitalization 9 488 M 9 488 M -
EV / Sales 2019
EV / Sales 2020 1,46x
Nbr of Employees 95 200
Free-Float 99,6%
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Technical analysis trends UNITED AIRLINES HOLDINGS,
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 40,59 $
Last Close Price 32,67 $
Spread / Highest target 86,7%
Spread / Average Target 24,2%
Spread / Lowest Target -23,5%
EPS Revisions
Managers
NameTitle
J. Scott Kirby Chief Executive Officer
Brett J. Hart President
Oscar Munoz Executive Chairman
Jonathan Roitman Chief Operations Officer & Senior Vice President
Gerald Laderman Chief Financial Officer & Executive Vice President
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