United Airlines CEO Will Not Be Promoted to Company Chairman in 2018

United Airlines CEO Oscar Munoz will not be promoted as company chairman next year, according to a federal filing on Friday.

Munoz reportedly initiated the decision himself, as he “desires to remove the provisions…related to the future appointment of Executive as Chairman of the Board” and leave “future determinations related to the Chairman position to the discretion of the Board.”

The news follows a string of bad PR that has plagued United’s reputation since April 9 when passenger Dr. David Dao was violently dragged off his seat because he refused to give it away for a crew member.

In an earlier statement, Munoz described Dr. Dao as “disruptive and belligerent,” but a passenger’s video clip seemed to tell otherwise.

Dr. Dao, represented by prominent Chicago lawyer Thomas Demetrio, is expected to file a lawsuit that will likely be settled in the millions of dollars, experts predicted. Other than assault and battery, his legal team may file charges such as intentional infliction of emotional distress, defamation, false imprisonment and breach of contract.

Munoz, who earned $18.72 million in 2016, asserted that he will not resign and that none of his employees will be fired for the scandalous incident. As per the filing, the airline will revise this year’s executive compensation to tie incentives for boosting customer satisfaction, Reuters noted.

Support our Journalism with a Contribution

Many people might not know this, but despite our large and loyal following which we are immensely grateful for, NextShark is still a small bootstrapped startup that runs on no outside funding or loans.

Everything you see today is built on the backs of warriors who have sacrificed opportunities to help give Asians all over the world a bigger voice.

However, we still face many trials and tribulations in our industry, from figuring out the most sustainable business model for independent media companies to facing the current COVID-19 pandemic decimating advertising revenues across the board.

We hope you consider making a contribution so we can continue to provide you with quality content that informs, educates and inspires the Asian community. Even a $1 contribution goes a long way. Thank you for everyone’s support. We love you all and can’t appreciate you guys enough.

NextShark is a leading source covering Asian American News and Asian News including business, culture, entertainment, politics, tech and lifestyle.

For advertising and inquiries: info@nextshark.com