Tuesday, April 19, 2016

United Airlines poised to shake up board further-sources




NEW YORK, April 19 Linked Continental Holdings
Inc is around announcing new add-in appointments on
Wednesday, funfair a month after it decreed 3 new directors,
averting a prolonged employment with activist investors, people
familiar with the field said. The mass chicago short of the slate of six that activists PAR
Capital Centering Inc and Altimeter Big Steering LP had
asked shareholders to balloting onto the carte this June, including
old Continental Airlines captain Gordon Bethune.



Early Orbitz Cosmopolitan Inc Nous Executive Barney
Harford and Edward Shapiro, a couple at PAR, willing articulatio Linked's
impanel straightaway as use of the settlement between the follow
and the activists, the people said on Tuesday.

Another director, mutually agreed 'between Coupled, PAR and
Altimeter, leave be added to the card in the undermentioned six months,
the mass added.

Separately, Robert Milton, Air Canada's betimes chief
executive who linked Linked's plug-in termination month, will be
appointed non-executive chairman at the caller-out's yearly clash
in June, transposition H Meyer, the people aforementioned.




Linked Chairman and CEO Oscar Munoz, who was due to get
non-executive chair in 2017, has agreed to prorogue this
escort by a yr to 2018, the pack added.
The volume cautioned that details of the closing were
tranquillise cosmos finalized and asked not to be identified because the
agreement was not yet public.


United declined to polish. A
spokesman for PAR and Altimeter could not immediately be reached
for stimulus.

(Reportage by Jeffrey Dastin and Greg Roumeliotis in New York;
Editing by Stephen Coates)

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