American Airlines Names Douglas M. Steenland to its Board of Directors

Rhea-AI Summary

American Airlines Group Inc. (NASDAQ: AAL) has appointed Douglas M. Steenland, age 69, to its board of directors, where he will also serve on the finance and compensation committees. Steenland, who previously held senior roles at Northwest Airlines, including CEO, brings significant airline and travel industry experience. His insights are expected to be valuable for the company’s future endeavors. Steenland is currently the non-executive chairman at American International Group and the lead independent director for Hilton Worldwide Holdings.

Positive

• Appointment of Douglas M. Steenland to the board enhances expertise in the airline and travel sector.
• Steenland's background in senior roles adds valuable insights for future strategic decisions.

Negative

• None.

FORT WORTH, Texas, Oct. 08, 2020 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) today announced the election of Douglas M. Steenland, 69, to its board of directors. Steenland also will serve on the company’s finance and compensation committees.

“We are delighted Doug has agreed to join our board and we welcome his extensive airline experience to our boardroom,” said Chairman and CEO Doug Parker. “Importantly, Doug’s expertise expands across the broader travel and hospitality sector, and our team and company will be well served by his experience and counsel.”

Steenland currently is non-executive chairman of the board of directors of American International Group and serves as the lead independent director of Hilton Worldwide Holdings. Steenland held numerous senior roles over his 17-year career at Northwest Airlines Corporation, most notably as CEO from April 2004 to October 2008 and as president from 2001 to 2004. He retired from Northwest when it merged with Delta Air Lines in 2008.

Prior to Northwest, Steenland was a partner at Verner Liipfert, which is now part of DLA Piper, and he also worked in the Office of the General Counsel of the U.S. Department of Transportation. He holds a Bachelor of Arts from Calvin College and a J.D. from The George Washington University Law School.

About American Airlines Group
American’s purpose is to care for people on life’s journey. Shares of American Airlines Group Inc. trade on Nasdaq under the ticker symbol AAL and the company’s stock is included in the S&P 500. Learn more about what’s happening at American by visiting news.aa.com and connect with American on Twitter @AmericanAir and at Facebook.com/AmericanAirlines.

Corporate Communications
mediarelations@aa.com

 

FAQ

Who is the new board member appointed by American Airlines Group?

Douglas M. Steenland has been appointed to the board of directors of American Airlines Group.

What is Douglas M. Steenland's experience in the airline industry?

Steenland has significant experience, having served as CEO of Northwest Airlines and holding various senior roles during his 17-year career there.

What committees will Douglas M. Steenland serve on at American Airlines Group?

He will serve on the finance and compensation committees of the board.

Why is Douglas M. Steenland's appointment significant for American Airlines Group?

His extensive experience in the airline and travel sector is expected to provide valuable insights and guidance for the company's strategic direction.