Exec chair retires from Delta's board

The board of directors of Delta Air Lines (NYSE: DAL) has reported executive chairman Richard H. Anderson has elected to retire as executive chairman, the company said.

Francis S. “Frank” Blake, who has been lead director since May 2016, will succeed Anderson as Delta´s non-executive chairman. Blake, the former chairman and CEO of The Home Depot, joined Delta´s board in July 2014.

Anderson served on Delta´s board for nearly a decade, becoming a director in April 2007 when the airline emerged from bankruptcy. He was appointed Delta´s CEO in August 2007, and was elevated to executive chairman in May 2016 as he retired as CEO.

Delta Air Lines serves nearly 180 million customers each year. Delta Air Lines and the Delta Connection carriers offer service to nearly 370 destinations on six continents.