UNITED CEO MUNOZ WILL NOT CHAIR BOARD IN 2018 FOLLOWING PASSENGER FUROR | REUTERS

By Alana Wise | NEW YORK NEW YORK United Continental Holdings Inc (UAL.N) said on Friday Chief Executive Oscar Munoz will not become Chairman in 2018, under an amendment to his employment agreement approved after an uproar over the treatment of a passenger.In a reversal of his earlier employment agreement, Munoz has opted to leave "future determinations related to the Chairman position to the discretion of the Board," United said in a U.S. ...

FirstPost (Date:04/22/2017 02:24) Read full article >>

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United Continental Holdings:
Oscar:
Friday: Friday is the day between Thursday and Saturday. In countries adopting Monday-first conventions as recommended by the international standard ISO 8601, it is the fifth day of the week. It is the sixth day in countries that adopt a Sunday-first convention, as in the Abrahamic tradition. In other coun
Chairman: The chairman, also simply known as the chair, is the highest officer of an organized group such as a board committee, or deliberative assembly. The person holding the office is typically elected or appointed by the members of the group. The chairman presides over meetings of the assembled group and
Reuters PhotoReuters: Reuters rtrz is an international news agency headquartered in New York, United States, and a division of Thomson Reuters. Until 2008, the Reuters news agency formed part of an independent company, Reuters Group plc, which was also a provider of financial market data. Since the acquisition of Reuters
Alana: Alanna, Alanah or Alannah is a given name which has disputed origins. It can be either derived from the Old High German word for "precious" or from the Irish language term "a leanbh" or "child", in English. It's sometimes considered a feminine form of Alan.