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Delta Air Lines nyse Dal Coo Mike Spanos to Step Down

Delta Air Lines (NYSE: DAL) COO Mike Spanos to Step Down

Delta Air Lines (NYSE: DAL) chief operating officer, Mike Spanos, will leave the airline next month to take on a role at another company, CEO Ed Bastian said in a memo to employees on Friday.

Spanos had approached him earlier this summer to communicate that he was considering other opportunities, Bastian said.

The exit of Delta’s operations chief comes weeks after the airline canceled thousands of flights owing to a global cyber outage.

Spanos joined the legacy carrier last year and had previously worked as the CEO of the amusement park chain Six Flags (NYSE: FUN), before stepping down in 2021.

He had also spent over 25 years in several leadership roles at PepsiCo (NASDAQ: PEP) and the Pepsi Bottling Group.

Delta Air Lines (NYSE: DAL) currently does not plan to appoint someone to replace Spanos, the memo showed.

(Source: ReutersReuters)

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Edward Cooke
Edward Cooke is a financial analyst, freelance writer, and editor. He has six years of experience in financial journalism. He has an in-depth understanding of equities markets, tracking major indices and providing real-time analysis on stock price movements, corporate earnings, and market sentiment.