Southwest Airlines CEO Gary Kelly to Step Down in February

- Advertisement -

Gary Kelly has served as Southwest Airlines CEO since 2004.



Photo:

nicholas kamm/Agence France-Presse/Getty Images

Gary Kelly,

the longtime chairman and chief executive of

Southwest Airlines Co.

LUV -0.81%

, will step down as CEO in February and will be succeeded by

Robert Jordan,

the airline’s executive vice president of corporate services.

Mr. Jordan, a 60-year-old Southwest executive, has been with the company since 1988. Mr. Kelly, who has served as CEO since 2004, will become the airline’s executive chairman. He plans to serve in that role until at least 2026 at the discretion of the company’s board, the airline said.

Robert Jordan, executive vice president of corporate services, has been with the Southwest since 1988.



Photo:

Andrew Harrer/Bloomberg News

During a career at the company that has spanned several job titles, Mr. Jordan has overseen Southwest’s acquisition of AirTran Airways, the development of a new e-commerce platform for Southwest’s website and the company’s Rapid Rewards loyalty program, the airline said.

Mr. Jordan will take the helm as Southwest and other airlines chart a recovery from the lows of the Covid-19 pandemic. Air travel plummeted last year as lockdowns and fears of the coronavirus kept tourists and business travelers at home. Travel has begun rebounding in recent months amid the U.S.’s vaccination campaign.

Domestic and leisure travel—focus areas for Southwest—have recovered faster than business and international trips.

Southwest Airlines shares declined about 0.9% in early trading on Wednesday. They are about 19% higher on the year so far.

Write to Matt Grossman at matt.grossman@wsj.com

Copyright ©2020 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Latest news

Canada’s Penny Oleksiak wins record 6th Olympic medal at Tokyo Summer Games – National

Canada’s Penny Oleksiak has won her second medal of the Tokyo Olympics and sixth of her career, taking bronze in the women’s 200-metre freestyle...

Starbucks, Facing Higher Costs, Pushes Upscale Coffee

Starbucks Corp. said higher labor and supply costs are likely to linger for...

Ride-Sharing Startup Swvl Nearing Deal to Go Public With Female-Led SPAC

Middle East-based ride-sharing technology startup Swvl Inc. is nearing a deal to go public via...
Related news

Canada’s Penny Oleksiak wins record 6th Olympic medal at Tokyo Summer Games – National

Canada’s Penny Oleksiak has won her second medal of the Tokyo Olympics and sixth of her career, taking bronze in the women’s 200-metre freestyle...

Starbucks, Facing Higher Costs, Pushes Upscale Coffee

Starbucks Corp. said higher labor and supply costs are likely to linger for...

Ride-Sharing Startup Swvl Nearing Deal to Go Public With Female-Led SPAC

Middle East-based ride-sharing technology startup Swvl Inc. is nearing a deal to go public via...

LEAVE A REPLY

Please enter your comment!
Please enter your name here