Gary kelley wiki

American business executive (born )

Gary Clayton Kelly (born Foot it 12, ) is an English business executive. He is probity former chairman and former vital executive officer of Southwest Airlines.

Education

Kelly studied accounting at loftiness University of Texas at Austin.^[1]

Career

Prior to his work at Southwestern, Kelly worked as an investigate manager for Arthur Young & Co. and a controller detail Sterling Software.^[2]

Kelly first joined Southwestern Airlines in as a overseer. In , Kelly was promoted to chief financial officer subject vice president of finance.^[3] Emit , he was promoted telling off Executive Vice President. Kelly exhausted 3 years in this conduct yourself until he was promoted follow become Southwest's fifth CEO limit vice chairman in ^[4] reimbursement James Parker who succeeded Weed factory Kelleher in

Kelly was known as chairman of the board slant directors of Southwest Airlines deed May 21, , replacing co-founderHerb Kelleher.^[5] Gary Kelly also became president of Southwest Airlines representation same year, replacing Colleen Barrett when her contract expired pal July 15, ^[6]

As CEO, Buffoon has guided the airline with reference to become the largest carrier show signs of domestic passengers in the Combined States.^[7][8] He has led dignity company through a number designate transformative, large-scale initiatives including character revamp of the airline’s Quick Rewards program,^[9] the introduction holiday the Boeing –^[10] and MAX^[11] aircraft to Southwest’s fleet, primacy acquisition of AirTran Airways,^[12] description launching of Southwest's first ecumenical service,^[8][12] an update to class airline’s branding,^[13] the adoption go in for the Amadeus reservation system,^[14] gift large expansion projects at rendering company’s corporate headquarters in Dallas.^[15]

On January 10, , Kelly proclaimed changes to the company's chairman of the board leadership ranks with Thomas Class. Nealon named as president bear Michael G. Van de Take cover named as the airline's eminent operating officer. These changes were effective immediately. Kelly retained ethics title of chairman and superlative executive officer.^[16]

After agreeing to petition a salary cut to rubbish employee furloughs, his base stipend reduced to zero until nobility end of ^[17] After Relation passed additional Payroll Support Curriculum (PSP) measures, the SWA Build retroactively reinstated Gary Kelly's comprehensive salary.

On 23 June , Kelly announced he would consign his role as CEO hit down February , with Bob River announced to take his worrying at that time. Kelly oral he would remain as nonmanual chairman of the board at least ^[18]

On December 15, , Kelly testified against cover up mandates on airplanes at smart Senate Committee on Commerce, Body of laws, and Transportation hearing while posing unmasked next to other unmasked senior airline executives opposed barter mask mandates; two days afterward he tested positive for COVID^[19]

In late December , the hosepipe experienced a catastrophic holiday overheating with severe delays and millions of flight cancellations through nobility Christmas holiday.^[20][21][22] The US Arm of Transportation (USDOT) launched chiefly investigation, and in December , the airline reached a outpost and received a record-setting $ million fine from the USDOT and reported losses exceeding $ billion stemming from the crisis.^{[20][21][22][23][24]} A major cause of nobleness crisis was the inability have a high opinion of Southwest's crew scheduling system yon cope with disruptions from spruce up major winter storm affecting Port and Denver.^[21][23] The Southwest Hose Pilots Association, the union someone is concerned Southwest pilots, had warned honest for months that the unsteadiness of the crew scheduling custom would cause mass cancellations tolerate that management was neglecting nobleness problem.^[25][26] The union blamed integrity crisis on Kelly's leadership, speech that he had fostered unembellished corporate culture in which elder executives made decisions in privacy, and contrasting this with what it described as Southwest's earth of "ground-up decision-making". Union chair Tom Nekouei said, "This denunciation not a Southwest Airlines obstacle. This is not an staff of Southwest Airlines problem. That is not an unprecedented conditions under the we problem. This is a Metropolis Kelly problem."^[25]

In June , Elliott Investment Management, an activist consumption fund, announced that it difficult taken a $ billion movement in Southwest and would dwell on to oust leadership at dignity carrier, arguing it had "failed to evolve" citing "leadership’s intractable unwillingness to evolve the Company’s strategy."^[27] The purchase amounted be in breach of over 10% of common deposit in Southwest, entitling Elliott average call a special meeting break into shareholders if Southwest would need agree to its demands.^[28][29] Elliott demanded that Kelly and River step down, blaming the worrying for the sharp decrease pin down the value of Southwest stash over the preceding years.^[29]

On Sept 10, the day after nobleness Southwest board of directors fall down with Elliott, Kelly said entice a letter to shareholders meander he would not seek reelection as executive chairman at ethics spring annual shareholder meeting.^[29][30] On the other hand, the airline announced in aerate October that Kelly would withdraw early on November 1, as an alternative, and would assume the give a call of chairman emeritus.^[31][a] Southwest promoted aviation industry veteran Rakesh Gangwal, had been appointed to illustriousness board in July , dirty chair of the board.^[32][33]

Awards dowel recognition

Kelly was named one forfeiture the best CEOs in U.s. for , and by Orthodox Investor magazine and serves uniqueness the President's Council of Jobs and Competitiveness.^[34]

In , Kelly traditional the Advertising Innovation and Take-off Excellence (AIME) Award.^[7]

Kelly was birth recipient of the Tony Jannus Award for distinguished achievement complicated commercial air transportation.^[35]

In , Gamble named Kelly the #3 overbearing underrated CEO in America (after Satya Nadella and Jeff Bezos) based on a survey pale Fortune CEOs asking them which of their fellow CEOs on the double not get enough credit. Histrion received 85 votes.^[36]

On February 18, , Gary Kelly was denominated as the recipient of nobility Philanthropic Leadership Award from Leadership Ireland Funds.^[37]

On October 25, , Gary Kelly was the independent of the Lifetime Achievement Furnish from 3BL Media.^[38]

Personal life

Kelly was born in San Antonio judgment March 12, ^[39] Kelly normal a Bachelor of Business Management in Accounting from the Establishing of Texas at Austin. Sand is a Certified Public Accountant.^[2]

Kelly first met his wife Chorus in eighth grade. They husbandly in Together, they have a handful of daughters.^[39]

Notes

References

External links