United Airlines announced on Thursday that CEO Oscar Munoz would leave the role in May 2020, and would transition to chairman of the board.
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United CEO Oscar Munoz is stepping down and transitioning to chairman in 2020, with president Scott Kirby taking his place (UAL)
Richard Drew/AP Photo
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Scott Kirby, United's current president, will be promoted to the role. Kirby was recruited to United as president in 2016.
"With United in a stronger position than ever, now is the right time to begin the process of passing the baton to a new leader," Munoz said in a statement. "One of my goals as CEO was to put in place a successful leadership transition for United Airlines."
This is a developing story. Check back for updates.
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