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American Airlines Names Vicente Reynal to its Board of Directors

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American Airlines Group Inc. (NASDAQ: AAL) has elected Vicente Reynal to its board of directors, enhancing its leadership team. Reynal, currently CEO of Ingersoll Rand, brings extensive experience in managing global industrial companies. His leadership skills are expected to support American Airlines as it continues to recover from the pandemic's impacts. Chairman Doug Parker and CEO Robert Isom expressed confidence that Reynal's expertise will add substantial value to the airline.

Positive
  • Vicente Reynal's extensive experience in leading global industrial businesses is expected to create shareholder value.
  • Reynal's leadership will aid American Airlines in navigating its post-pandemic recovery.
Negative
  • None.

FORT WORTH, Texas, Sept. 06, 2022 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) today announced the election of Vicente Reynal, 48, to its board of directors.

“We are very excited to welcome Vicente to American’s board of directors,” said American’s Chairman Doug Parker. “Vicente has extensive experience leading global industrial businesses, and his proven ability to navigate complex operational issues and create shareholder value will be important assets to American and our board.”

“The addition of Vicente to American’s board is fantastic news for our team, our customers and our shareholders,” said American’s CEO Robert Isom. “His leadership of diverse, multinational organizations will be very helpful to our airline as we continue to navigate the recovery from the pandemic.”

Reynal currently serves as chairman, president and CEO of Ingersoll Rand, a global provider of mission-critical flow creation and industrial solutions. He has served as president and CEO of Ingersoll Rand since March 2020, when he led the transformational merger between Gardner Denver and the Industrials Segment of Ingersoll Rand. He was named chairman of the company in November 2021.

Reynal joined Gardner Denver in 2015 as CEO of its Industrials Segment. He was named president and CEO of the company and was also appointed to its board of directors in January 2016. Prior to joining Gardner Denver, Reynal spent 11 years at Danaher Corporation where he served as president for various businesses and held other senior executive leadership roles. Before that, he held operational and executive roles at Thermo Fisher Scientific and AlliedSignal Corp.

Reynal holds a Bachelor of Science in mechanical engineering from Georgia Institute of Technology and earned his Master of Science degrees in both mechanical engineering and technology and policy from Massachusetts Institute of Technology.

About American Airlines Group
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

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/44614994-56b2-463f-8893-0a490c8b0061


FAQ

Who is Vicente Reynal and what is his role in AAL?

Vicente Reynal is the newly elected board member of American Airlines Group, known for his leadership in global industrial businesses.

What experience does Vicente Reynal bring to American Airlines?

Reynal has extensive experience from Ingersoll Rand and Gardner Denver, focusing on managing complex operations and creating shareholder value.

Why did American Airlines elect Vicente Reynal to the board?

His proven ability to navigate operational challenges and enhance shareholder value is seen as crucial for American Airlines' recovery.

What is the significance of Vicente Reynal's election for AAL shareholders?

Reynal's election is expected to improve leadership quality, which may positively influence shareholder value during the company's recovery phase.

American Airlines Group Inc.

NASDAQ:AAL

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Airlines
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United States of America
FORT WORTH