United Airlines Holdings, Inc. (NASDAQ:UAL) disclosed the upcoming retirement of a key executive in a recent filing with the Securities and Exchange Commission. Linda Jojo, the Executive Vice President and Chief Customer Officer, will retire effective January 2, 2025. Jojo's departure was announced on Monday, marking the end of her tenure of over a decade with the airline.
According to the 8-K filing, Jojo will receive retirement benefits as per the existing agreements and company plans. This move comes as part of the company's ongoing management transitions and is in line with the terms and conditions of their compensatory arrangements.
United Airlines, headquartered in Chicago, Illinois, has not yet announced a successor for Jojo. The company's stock, listed on The Nasdaq Stock Market LLC, may see investor reaction to this significant change in leadership as the market processes the news of Jojo's retirement.
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