United Airlines has appointed Gerry Laderman as executive vice president and chief financial officer (CFO) after conducting an internal and external search to fill the role.
Laderman had been serving as acting CFO since May and previously, he served as senior vice president of finance, procurement and treasurer and as a member of the senior executive leadership team.
He will be responsible for developing United’s overall financial strategy, including cost management, capital allocation and balance sheet optimisation.
United Airlines chief executive officer, Oscar Munoz said: “Gerry has been an integral member of our leadership team throughout my tenure at United. While leading the finance organization, he has focused on enforcing cost discipline and developing a fleet plan that is capital-efficient and flexible, all while partnering with the executive team to design and implement our growth strategy.
“Gerry is widely respected throughout the industry and on Wall Street for his innovative approach to aircraft financing and debt structures, as well as his effective management of the balance sheet. He is the leader that we need in this role to ensure the momentum we’ve built this year extends well into United’s bright future.”