Notices

Surprise at HAL

Old 11-16-2017, 09:50 PM
  #1  
Gets Weekends Off
Thread Starter
 
Joined APC: Oct 2013
Posts: 208
Default Surprise at HAL

HAWAIIAN AIRLINES ANNOUNCES CEO RETIREMENT Mark Dunkerley to Transition Leadership to Peter Ingram HONOLULU –Hawaiian Airlines today announced the planned retirement of Mark Dunkerley, president and chief executive officer, and the selection of Peter Ingram, executive vice president and chief commercial officer, to replace Dunkerley, effective March 1, 2018. Dunkerley’s departure will end 15 years of leadership during which the company executed a remarkable turnaround to become one of the world’s most successful airlines. During Dunkerley’s tenure, Hawaiian Airlines successfully embarked on a bold Asia-Pacific growth strategy, adding service to Tokyo, Osaka and Sapporo, Japan; Seoul, South Korea; and Beijing, China as well as new routes to Auckland, New Zealand; Sydney and Brisbane, Australia; and New York City. Since December 2002 Hawaiian has doubled the number of passengers flown annually, to 11 million. Over the same period the company’s gross revenues have increased four-fold, to $2.64 billion and its employee count has doubled, to 6,600. Its share price has risen from a 52-week low of 29 cents in 2003 to a high of $60.90 over the last 52-week period. “This has been a heart-wrenching decision,” said Dunkerley, who joined Hawaiian in December 2002. “I am so proud to be associated with this company and our employees. Hawaiian Airlines is truly in a class of its own, distinguished by all the employees I am honored to call my colleagues. At the same time, I am excited by the new opportunities ahead of me and I am confident that Peter Ingram and the team will lead the company to further success.” Chairman of the Board Lawrence Hershfield thanked Dunkerley for turning Hawaiian from a struggling local carrier to a global industry leader and also for ensuring a smooth leadership transition. “Mark’s abilities as an airline chief executive are evident in the phenomenal growth and success of Hawaiian Airlines over the course of his leadership,” said Hershfield. “It is also a measure of his commitment to Hawaiian that in extending his tenure for 14 months he gave the Board time to consider options for his prospective replacement.” Continued Hershfield: “Peter Ingram has been an important part of Hawaiian Airlines’ growth and success for the past 12 years, and we are confident in his deep knowledge of the airline, the industry and the community.” Ingram joined Hawaiian as chief financial officer in December 2005, six months after its emergence from Chapter 11 Reorganization. In 2011, Ingram became chief commercial officer, overseeing marketing and sales, revenue management and network planning, loyalty programs and cargo during a period of rapid revenue growth for Hawaiian. “I am humbled by the Board’s confidence in me and excited by the opportunity to lead an incredible team as Hawaiian’s CEO,” said Ingram. “Mark has been an inspirational leader for our company and mentor to me and many others and I will be proud to continue pursuing the strategy for growth and success that we have been following for the last several years.”
Opakapaka is offline  
Old 11-17-2017, 07:01 AM
  #2  
Gets Weekends Off
 
Joined APC: Sep 2015
Posts: 276
Default

It will be interesting to see where he ends up, WN anyone? We already have Andrew Watterson as EVP of Network Planning who came from HAL. If he does end up at WN, let the speculation begin on what happens next. Interesting times ahead.
Salukidawg is offline  
Old 11-17-2017, 10:27 AM
  #3  
On Reserve
 
Joined APC: Jul 2017
Posts: 13
Red face

Originally Posted by Opakapaka View Post
HAWAIIAN AIRLINES ANNOUNCES CEO RETIREMENT Mark Dunkerley to Transition Leadership to Peter Ingram HONOLULU –Hawaiian Airlines today announced the planned retirement of Mark Dunkerley, president and chief executive officer, and the selection of Peter Ingram, executive vice president and chief commercial officer, to replace Dunkerley, effective March 1, 2018. Dunkerley’s departure will end 15 years of leadership during which the company executed a remarkable turnaround to become one of the world’s most successful airlines. During Dunkerley’s tenure, Hawaiian Airlines successfully embarked on a bold Asia-Pacific growth strategy, adding service to Tokyo, Osaka and Sapporo, Japan; Seoul, South Korea; and Beijing, China as well as new routes to Auckland, New Zealand; Sydney and Brisbane, Australia; and New York City. Since December 2002 Hawaiian has doubled the number of passengers flown annually, to 11 million. Over the same period the company’s gross revenues have increased four-fold, to $2.64 billion and its employee count has doubled, to 6,600. Its share price has risen from a 52-week low of 29 cents in 2003 to a high of $60.90 over the last 52-week period. “This has been a heart-wrenching decision,” said Dunkerley, who joined Hawaiian in December 2002. “I am so proud to be associated with this company and our employees. Hawaiian Airlines is truly in a class of its own, distinguished by all the employees I am honored to call my colleagues. At the same time, I am excited by the new opportunities ahead of me and I am confident that Peter Ingram and the team will lead the company to further success.” Chairman of the Board Lawrence Hershfield thanked Dunkerley for turning Hawaiian from a struggling local carrier to a global industry leader and also for ensuring a smooth leadership transition. “Mark’s abilities as an airline chief executive are evident in the phenomenal growth and success of Hawaiian Airlines over the course of his leadership,” said Hershfield. “It is also a measure of his commitment to Hawaiian that in extending his tenure for 14 months he gave the Board time to consider options for his prospective replacement.” Continued Hershfield: “Peter Ingram has been an important part of Hawaiian Airlines’ growth and success for the past 12 years, and we are confident in his deep knowledge of the airline, the industry and the community.” Ingram joined Hawaiian as chief financial officer in December 2005, six months after its emergence from Chapter 11 Reorganization. In 2011, Ingram became chief commercial officer, overseeing marketing and sales, revenue management and network planning, loyalty programs and cargo during a period of rapid revenue growth for Hawaiian. “I am humbled by the Board’s confidence in me and excited by the opportunity to lead an incredible team as Hawaiian’s CEO,” said Ingram. “Mark has been an inspirational leader for our company and mentor to me and many others and I will be proud to continue pursuing the strategy for growth and success that we have been following for the last several years.”
Can we raise that 1st year pay already now that he’s leaving?
305FLYBRO is offline  
Old 11-17-2017, 12:52 PM
  #4  
Line Holder
 
Joined APC: Sep 2017
Posts: 45
Default

maybe he knows something you don't.
from the latest company report:

Results of Operations

For the three months ended September 30, 2017, we generated net income of $74.6 million, or $1.39 per diluted share, compared to net income of $102.5 million, or $1.91 per diluted share, for the same period in 2016. For the nine months ended September 30, 2017, we generated net income of $191.9 million, or $3.57 per diluted share, compared to net income of $233.5 million, or $4.35 per diluted share, for the same period in 2016.
crazycoconut is offline  
Old 11-17-2017, 05:14 PM
  #5  
Gets Weekends Off
 
Joined APC: Apr 2005
Posts: 1,391
Default

He signed a one year contract last March. Everyone knew he was on the way out.
Thought someone else was being groomed for the top spot, so Ingram was a bit of a surprise.
Rama is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
av8tordude
Allegiant
4058
09-19-2015 08:30 PM
labbats
Allegiant
243
06-25-2014 05:50 PM
hurricanechaser
Hangar Talk
30
08-31-2011 08:46 PM
RedBaron007
Major
0
04-16-2007 08:16 PM
Nick
Regional
5
03-01-2007 07:50 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Thread Tools
Search this Thread
Your Privacy Choices