Tom Horton News
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TPG Capital’s Richard Schifter is among five investment-oriented directors who will serve on the board of the reconstituted American Airlines after the merger of US Airways Group Inc. and AMR Corp.
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AMR Corp., the parent of American Airlines, won court approval to have creditors vote on its plan to exit bankruptcy by merging with US Airways Group Inc. to create the world’s largest airline.
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American Airlines parent AMR Corp. and US Airways Group Inc. said they plan to announce a new management structure by mid-month as they move toward a merger to create the world’s largest airline.
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American Airlines’ proposal for severance pay of $20 million to Chief Executive Officer Tom Horton as part of the carrier’s merger with US Airways Group Inc. is opposed by the U.S.
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Tom Horton knows how to help dress up a broken company and make it a powerhouse again.
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American Airlines has eliminated outside interference as the cause of the software malfunction that grounded its U.S. fleet and forced the cancellation of more than 1,000 flights, Chief Executive Officer Tom Horton said.
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AMR Corp. Chief Executive Officer Tom Horton kept pitching himself to be CEO in a merger with US Airways Group Inc. until the end of January, when his bankruptcy creditors firmly said no, people familiar with the matter said.
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Doug Parker, returning to the carrier where he began his career, has a vision: He sees American Airlines vaulting to the top of the industry’s major financial benchmarks just three years after the merger he orchestrated with US Airways Group Inc.
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AMR Corp. Chief Executive Officer Tom Horton will receive $19.9 million in compensation as the parent of American Airlines merges with US Airways Group Inc. and he steps aside.
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American Airlines parent AMR Corp. won approval for its merger with US Airways Group Inc. from a judge who also rejected a $20 million severance deal for Chief Executive Officer Tom Horton.
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