Delta plans executive successions

Delta Air Lines, Inc. (NYSE: DAL) board of directors said that Richard H. Anderson has chosen to retire as CEO effective May 2, 2016, at which time he will be elevated to executive chairman of the Delta Air Lines board of directors.

Ed Bastian, President of Delta, will be appointed CEO effective May 2, 2016 and Glen Hauenstein, Executive Vice President, will be appointed President of Delta, also effective May 2, 2016.

Gil West is promoted immediately to Senior Executive Vice President and Chief Operating Officer.

Effective immediately, the board of directors also appoints Steve Sear, President International and Executive Vice President Global Sales. Steve will lead the Atlantic, Asia-Pacific, and Latin America organizations in addition to global sales.

Upon Anderson´s appointment on May 2, 2016, Frank Blake, a current Delta director, will be appointed lead director of the Delta Air Lines board of directors.

Dan Carp will step down as non-executive chairman and remain on the board of directors of Delta.

Delta Air Lines serves nearly 180 million customers each year. Delta employs nearly 80,000 employees worldwide and operates a mainline fleet of more than 800 aircraft.