At Extreme Investor Network, we are dedicated to bringing you the latest business news that impacts the investment world. Today, we want to highlight the recent departure of Delta Air Lines’ chief operating officer, Mike Spanos.
In a recent securities filing, Delta Air Lines announced that Mike Spanos will be leaving the company at the end of the month. CEO Ed Bastian shared in an employee memo that Spanos is taking a job at another company. Spanos’ departure comes just over a year after joining Delta and follows the airline’s recent challenges in the wake of the CrowdStrike outage in July, which cost the airline an estimated $500 million.
Despite Spanos’ departure, Delta Air Lines does not intend to replace him. Instead, John Laughter, chief of operations, and president of Delta’s TechOps maintenance and overhaul unit, along with Allison Ausband, chief customer experience officer, will report directly to CEO Ed Bastian.
Spanos, who joined Delta in May 2023, previously served as the CEO of Six Flags Entertainment and held executive positions at PepsiCo. His departure marks a significant change in Delta’s leadership structure, and we will be closely monitoring how this transition impacts the airline’s operations and strategy moving forward.
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