Gregory Smith, a member of American Airlines’ board, will take over for Parker.
and a business partner since they worked together at America West. In all, Parker spent more than two decades as CEO of major U.S. airlines, an unceasingly chaotic role he held through that he held during three recessions and an era of consolidation.
Parker then moved into the role of chairman, but has not had an executive position at the company since he stepped down as CEO, unlike his counterpart atand remains an active lobbyist and adviser with an office near that of CEO Robert Jordan. “Our CEO transition has been flawless thanks to the great work of Robert Isom, his team and our board,” Parker said in a statement. “Now is the right time for our chairman transition and we are fortunate to have Greg Smith in place to assume that role. Greg has made outstanding contributions since joining American’s board, and his strong knowledge of the aviation industry and his decades of leadership experience will be invaluable going forward.
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