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Due To Energy Prices, Importance Of Financial Work Soars

Southwest Airlines announces new finance leaders

eTN  Sep 10, 2008

DALLAS, TX (September 10, 2008) - Southwest Airlines announced today that Tammy Romo, vice president and controller is now the vice president Financial Planning. In this new role, Tammy will lead the company's Financial Planning department, the Revenue and Traffic Analysis group, and she will continue to oversee Investor Relations. She will still report directly to senior vice president and chief financial officer, Laura Wright.

"With the pressure on in our cost structure due to energy prices, the importance of the work for which these groups are responsible has soared," Wright said. "Southwest must develop a new long-term financial plan as we reengineer our company to combat higher fuel prices."

Tammy has delivered exceptional results as a leader at Southwest Airlines. She jumped onboard Southwest in September 1991 as manager Financial Reporting. She later moved on to other positions including manager Investor Relations, director Investor Relations, senior director Investor Relations, vice president Treasurer, and her previous position of vice president Controller. Tammy received a B.B.A. in accounting from the University of Texas at Austin, and she is a Certified Public Accountant in Texas.

Assistant controller Leah Koontz has been promoted to vice president Controller. Leah will oversee Financial Reporting, Financial Accounting, Financial Controls, and the accounting groups she currently leads. Leah joined the Southwest Family in August 1993 in the Revenue Accounting Department as an accountant. She then became the supervisor of Revenue Accounting, manager of Revenue Accounting, manager of Corporate Accounting, director of Financial Accounting, and most recently was the assistant controller. Leah graduated from the University of Texas at Arlington with a B.B.A in Accounting and also is a Certified Public Accountant.

"Both Tammy and Leah are long-tenured Southwest employees with extensive experience across all areas of finance. Additionally, they are both great leaders who have proven track records in mentoring and developing their teams," Wright said.

Southwest Airlines announces new finance leaders

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