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US Airways Announces Executive Changes

US Airways announced today a series of management changes and reassignments for a number of officers affecting most major functions of the company.

“We continue to make changes to strengthen the management team that has effectively led the company through a difficult and challenging period. These changes tap both internal and external talent,” said David N. Siegel, US Airways president and chief executive officer. “At the same time, we have to remain cognizant of the difficult environment we operate in, so we are making sure that we continue to have one of the leanest management teams in the industry, with today’s announcement reflecting a further reduction.”

The changes include:

—Eilif Serck-Hanssen has been named vice president - finance and treasurer, with responsibility for treasury, tax and fuel. Serck-Hanssen joins the company from Northwest Airlines, where he served most recently as managing director - finance and assistant treasurer.

—Jeffery A. McDougle has been named vice president - fleet, and will have responsibility for fleet management and aircraft acquisition, a position previously held by Daniel M. McDonald. In addition, McDougle will also manage purchasing and internal audit. He was previously vice president - finance and treasurer.

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Both positions will report to Executive Vice President - Finance, and Chief Financial Officer Neal S. Cohen.

A number of new assignments are also being made in the marketing and planning department prompted by a decision this spring by Stephen M. Usery, the current vice president - marketing and revenue management, to leave the company at the end of July and return to his home in Minnesota. The company has decided not to replace Usery and instead will reassign duties. “We were extremely disappointed by Stephen`s decision to leave US Airways,” said Siegel, “but we respect his desire to return home and are pleased that we have the bench strength in place to take on additional responsibilities in this manner.”

*  Andrew P. Nocella has been named vice president - pricing and revenue management, with responsibility for all aspects of the airline’s pricing and yield management initiatives. Nocella was previously vice president - planning and scheduling.
*  Daniel M. McDonald has been named vice president - planning and scheduling, and will be responsible for the airline’s route and schedule planning duties previously held by Nocella. McDonald was previously vice president - fleet planning.
*    Kerry J. Carstairs has been named vice president - direct distribution. Carstairs was previously vice president - customer service centers, and will maintain responsibility for all of the airline’s reservations and customer call centers, as well as taking on management of the airline’s Web site, usairways.com, reflecting the trends in the industry’s customer service and direct marketing methods.
*  Steven Tracas has been named vice president - sales and marketing. Tracas was previously vice president - sales, and will take on additional marketing responsibilities, including advertising and promotions, and the Dividend Miles program.

 

All positions will report to Senior Vice President - Marketing and Planning B. Ben Baldanza.

Within the Operations functions under Executive Vice President Alan W. Crellin, the following changes were announced:

*    Daryl E. Hartzell, vice president - technical operations, will retire at the end of 2003, and that officer-level position will be eliminated.  *    Charles R. Nardello, vice president - technical services is leaving the airline and that officer-level position will be eliminated. *  Charles E. Martin, vice president - customer service is leaving the airline. A search for his replacement is under way.

 


Reporters needing additional information should contact US Airways Corporate Communications at (703) 872-5100.

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