Oscar Munoz to return as United chief

United Continental CE Oscar Munoz, who suffered a heart attack soon after being thrust into the role, plans to return to full-time duty next week, the company said. Munoz was appointed CEO in September 2015 after his predecessor resigned amid a US investigation into the US airline’s involvement with the agency that operates the New York area’s main airports. In October he suffered a heart attack, and received a heart transplant while on leave. Brett Hart, general counsel, has been serving as acting chief though United said Sunday that Munoz has been participating “in all major corporate decisions”. He will resume his roles as president and CE March 14, United said. Munoz said in a statement: “Since September when I became CEO, our team has been focused on our employees, improving the operation and the customer experience, and the results are starting to show.” He added that United spent $1.2bn to repurchase shares in 2015 and intends to buy back another $1.5bn in the first quarter of 2016. <br/>
Financial Times
http://www.ft.com/cms/s/0/6b101e0a-e3e6-11e5-ac45-5c039e797d1c.html#axzz42BHRtwzk
3/6/16
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