Delta Names Ed Bastian CEO; Richard Anderson To Become Executive Chairman

(RTTNews) - Delta Air Lines, Inc. (DAL) announced that Richard Anderson has chosen to retire as CEO effective May 2, 2016 and Anderson will be elevated to Executive Chairman of the board. Dan Carp will step down as non-executive Chairman and remain on the board of Delta.

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.

Upon Richard Anderson's appointment as Executive Chairman on May 2, 2016, Frank Blake, a current Delta Director, will be appointed Lead Director of board.

Delta also stated that Gil West is promoted immediately to Senior Executive Vice President and Chief Operating Officer. The company also also appoints Steve Sear as President International and Executive Vice President Global Sales. Steve will lead the Atlantic, Asia-Pacific, and Latin America organizations in addition to global sales.