American Airlines parent AMR Corp. said it has promoted its chief financial officer to president and shuffled other executives a day after American received antitrust clearance for its joint business venture with British Airways.
The company, which has a similar deal pending with Japan Airlines, says the deals could boost annual revenue by $500 million by increasing international traffic.
CFO Thomas Horton will become president of the parent company and airline. He served as AMR’s CFO from 2000 until 2002, when he left for the same job at AT&T. He returned to AMR in 2006.
Horton will oversee new areas including sales and marketing. AMR’s top sales and marketing executive was recently dispatched to oversee the possible sale of regional flying subsidiary American Eagle.
The company also announced promotions for several executives who will report to Horton, including a new CFO, Bella Goren, who had been senior vice president of customer relationship marketing.