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United CEO suffers heart attack, shares drop even lower
Source: Reuters
US | Fri Oct 16, 2015 6:58pm EDT
United CEO suffers heart attack, shares drop even lower
BY JEFFREY DASTIN AND ALWYN SCOTT
United Continental Holdings Inc's (UAL.N) new chief executive has suffered a heart attack, a person familiar with the matter said on Friday, barely a month after he took on the job of improving the airline's profitability and reputation.
The board at United - the No. 2 U.S. carrier by capacity - was informed "promptly" after Oscar Munoz was taken to hospital, the person said.
"There's no reason for the board to meet," the person said. "We're still gathering information about his medical condition and prognosis."
United's previous chief executive left while federal authorities were conducting an investigation involving the Port Authority of New York and New Jersey.
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United CEO suffers heart attack, shares drop even lower
BY JEFFREY DASTIN AND ALWYN SCOTT
United Continental Holdings Inc's (UAL.N) new chief executive has suffered a heart attack, a person familiar with the matter said on Friday, barely a month after he took on the job of improving the airline's profitability and reputation.
The board at United - the No. 2 U.S. carrier by capacity - was informed "promptly" after Oscar Munoz was taken to hospital, the person said.
"There's no reason for the board to meet," the person said. "We're still gathering information about his medical condition and prognosis."
United's previous chief executive left while federal authorities were conducting an investigation involving the Port Authority of New York and New Jersey.
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Read more: http://www.reuters.com/article/2015/10/16/us-unitedairlines-ceo-idUSKCN0SA29S20151016