CHICAGO, Jan. 18 /PRNewswire-FirstCall/ -- UAL Corporation (BULLETIN BOARD: UALAQ) , the holding company whose primary subsidiary is United Airlines, today announced the members of the company's new Board of Directors. The new Board is to begin service on the effective date of the company's Plan of Reorganization.
Those named by the company are current directors:
-- W. James Farrell (Chairman, Illinois Tools Works, Inc. -
Director since 2001)
-- Robert S. Miller, Jr. (Chairman and CEO, Delphi Corporation -
Director since 2003)
-- James J. O'Connor (Retired Chairman and CEO, Unicom Corporation -
Director since 1984)
-- Glenn F. Tilton (Chairman, President and CEO, UAL Corporation -
Director since 2002)
-- John H. Walker (President and CEO, The Boler Company -
Director since 2002)
Those named by the Official Committee of Unsecured Creditors (OCUC) are:
-- Richard J. Almeida (Retired Chairman and CEO, Heller Financial, Inc.)
-- Walter Isaacson (President and CEO, The Aspen Institute)
-- Janet Langford Kelly (Partner, Zelle, Hofmann, Voelbel, Mason &
Gette LLP)
-- Robert D. Krebs (Retired Chairman, Burlington Northern Santa Fe
Corporation)
-- David Vitale (Chief Administrative Officer, Chicago Public Schools)
Union representatives on the Board will continue to be:
-- Mark A. Bathurst (United Airlines Pilots Master Executive Council
Chairman, Airline Pilots Association International - Director
since 2004)
-- Stephen R. Canale (President and General Chairman, District Lodge 141,
IAMAW - Director since 2002)
"We are encouraged by this slate of directors, which brings a level of knowledge and experience that this company needs as it emerges from Chapter 11 as a sustainable enterprise," said Glenn Tilton, United's Chairman, President and CEO. "I look forward to working with the entire Board as we continue improving United, and as we move ahead in competing successfully with the world's strongest carriers."
Upon the effective date of the company's Plan of Reorganization, the following members will depart the Board:
-- W. Douglas Ford (Retired Executive Director and Chief Executive,
Refining and Marketing, BP p.l.c. - Director since 2002)
-- Dipak C. Jain (Dean, Kellogg School of Management, Northwestern
University - Director since 2003)
-- Paul E. Tierney, Jr. (General Partner, Darwin Capital Partners and
Managing Member, Development Capital, LLC - Director since 1990)
-- George B. Weiksner, Jr. (Vice Chairman, Credit Suisse First Boston -
Director since 2003)
"We want to express our appreciation to all of the company's current board members -- especially those who are leaving the board -- for their tremendous contributions and commitment of time during what has been an extraordinarily complex and demanding restructuring," said James J. O'Connor, UAL's lead director. "That United moves ahead today as a fundamentally stronger institution is in part a testament to their hard work and focus."
About United
United Airlines (BULLETIN BOARD: UALAQ) operates more than 3,400 flights a day on United, United Express and Ted to more than 200 U.S. domestic and international destinations from its hubs in Los Angeles, San Francisco, Denver, Chicago and Washington, D.C. With key global air rights in the Asia- Pacific region, Europe and Latin America, United is one of the largest international carriers based in the United States. United is also a founding member of Star Alliance, which provides connections for our customers to 790 destinations in 138 countries worldwide. United's 57,000 employees reside in every U.S. state and in many countries around the world. News releases and other information about United can be found at the company's Web site at united.com.
Worldwide Press Office:
Days: 847.700.5538
Evenings/Weekends: 847.700.4088
First Call Analyst:
FCMN Contact: rosa.nardulli@united.com
