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|Stephen M. Bennett Joins AMR Corporation and American Airlines Board of Directors|
FORT WORTH, Texas, July 21, 2011 /PRNewswire via COMTEX/ --
AMR Corporation and its wholly-owned subsidiary, American Airlines, Inc., announced today that Stephen M. Bennett, former President and CEO of Intuit, Inc., was appointed to the Board of Directors of each company effective July 19, 2011. Bennett will also serve as a member of the audit committee.
"Steve's extraordinary combination of experience, intellect and talent will make him an invaluable member of the Board of Directors of AMR and American Airlines," said Gerard Arpey, Chairman and CEO of AMR and American Airlines. "We are very pleased to have someone of his caliber join our company."
Bennett served as President and Chief Executive Officer at Intuit, Inc., a leader in e-finance, including financial software and Web-based services, from 2000 until his retirement in 2007. As CEO of Intuit, Bennett grew the company's business from $900 million to $2.6 billion in revenue, and the company's earnings more than quadrupled.
Previous to Intuit, he held several significant leadership positions at General Electric Company for more than 23 years, including Executive Vice President and Member of the Board of Directors for GE Capital, the financial services subsidiary of General Electric Corp. GE Capital is the world leader in numerous financial industries, including private label credit cards, commercial equipment leasing and vendor finance.
Bennett is currently a non-executive director of Qualcomm Inc. and Symantec Corporation.
"It is a privilege to serve on the boards of AMR and American Airlines, which have a long and proud history," Bennett said. "I look forward to contributing to their long-term success."
About American Airlines
American Airlines, American Eagle and AmericanConnection® serve 250 cities in 50 countries with, on average, more than 3,600 daily flights. The combined network fleet numbers more than 900 aircraft. American's award-winning website, AA.com®, provides users with easy access to check and book fares, plus personalized news, information and travel offers. American Airlines is a founding member of the oneworld® Alliance, which brings together some of the best and biggest names in the airline business, enabling them to offer their customers more services and benefits than any airline can provide on its own. Together, its members serve approximately 900 destinations with more than 9,000 daily flights to 145 countries and territories. American Airlines, Inc. and American Eagle Airlines, Inc. are subsidiaries of AMR Corporation. AmericanAirlines, American Eagle, AmericanConnection, AA.com, and AAdvantage are trademarks of American Airlines, Inc. (NYSE: AMR).
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SOURCE AMR Corporation