Longtime leader of American Airlines steps down as chairman

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Longtime leader of American Airlines steps down as chairman
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American Airlines said Thursday that Doug Parker, who served as CEO for more than eight years before stepping down last year, will retire as chairman on April 30.

The new chairman will be Greg Smith, who spent more than 30 years at Boeing including the last 10 as chief financial officer.

Smith, 56, retired from Boeing in a surprise move in early 2021, then joined American’s board in January 2022.

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