Oscar Munoz

United Airlines CEO Oscar Munoz received a heart transplant Wednesday and is recovering.
The airline expects him to return to his position at the end of the first quarter or start of the second quarter. United said the procedure was “the preferred treatment” for Munoz, who had a heart attack in October.
United named Brett Hart its acting chief executive in October. Munoz was initially named CEO in September.
Shares of the airline’s parent company, United Continental Holdings, fell about half a percent in extended trading Wednesday. The stock rose modestly in regular trading.
CNBC

United Airlines said on Wednesday that its president and chief executive, Oscar Munoz, had heart transplant surgery earlier in the day and was in recovery.
The airline said in a statement that the operation was “the preferred treatment” and was not the result of a setback in Mr. Munoz’s recovery from a heart attack in October.
United did not immediately share more medical details, but it said it expected Mr. Munoz to return to work at the end of the first quarter or the beginning of the second quarter. The airline said that it would provide an update on Mr. Munoz’s health on Thursday.
Mr. Munoz had the heart attack shortly after being appointed chief executive in September, although the company declined to confirm it for several days. At the time, United would say only that Mr. Munoz was in the hospital.
On Oct. 19, the airline said that Mr. Munoz would take a medical leave and that its general counsel, Brett J. Hart, would be acting chief. In November, United said it expected Mr. Munoz to return during the first quarter.
Mr. Munoz, a longtime railroad executive, was appointed after United dismissed its previous chief executive, Jeff Smisek, during an investigation into allegations that the airline had traded favors with the chairman of the Port Authority of New York and New Jersey.
The New York Times

United Continental CEO Oscar Munoz had a heart attack on Thursday and is currently in a Chicago hospital, Dow Jones reported Friday.
The report, citing a person familiar with the matter, said the company’s directors were waiting to hear about the severity of the attack. Depending on that information, they would decide whether United would need an interim chief, according to Dow Jones.
“We have been informed by Oscar’s family that he was admitted to the hospital on Thursday, and we will provide further details as appropriate. In the meantime, we are continuing to operate normally,” United said in a Friday afternoon statement. “Our thoughts and prayers are with his family and we are respecting their privacy.”
Shares in the company’s stock dipped on the news.
United tapped Munoz to take over as CEO after it ousted Jeff Smisek in September amid a probe into improprieties at the Port Authority of New York and New Jersey. Smisek, who was chairman, president and chief executive, received about $4.9 million as a separation payment.
In a letter to employees after the CEO switch announcement, a copy of which was obtained by CNBC, Munoz said he planned to meet with staff to figure out how the company could operate better and improve customer service.
Before coming to United, Munoz served as the COO of CSX. He is credited in part for changes that made that company an industry leader in safety and steadily improving financial performance, people familiar with his tenure said.
Munoz had held finance jobs at consumer products companies including Coca-Cola , AT&T and Pepsico before joining CSX.
CNBC

Oscar Munoz, United Airlines CEO, has heart transplant

United Airlines CEO suffers heart attack