Friday, February 20, 2004
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Friday, February 20, 2004 |
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World Airways announces succession plan World Airways, Inc. announced Thursday that its board of directors has approved a succession plan with the upcoming retirement of Hollis Harris, chairman and chief executive officer. Harris announced Thursday that he plans to give up the title of chief executive officer April 1 and retire from the board of directors at the company’s May 6 annual general meeting. General Ronald R. Fogleman will be named non-executive chairman of the board at the May 6 meeting. The board said it will retain Harris as a consultant to the company for a period of up to two years. Randy Martinez, president and chief operating officer, will be promoted to president and chief executive officer April 1. In addition, Martinez will join the board of directors to fill the unexpired term of Dato’ Wan Melek Ibrahim April 1. Jeff MacKinney, senior vice president of planning and corporate development, will be promoted to chief operating officer April 1. “I have worked in the airline industry for 50 years, beginning with Delta Air Lines in 1954. It’s now time for me to make a change, and this comes at a good point in World Airways’ history. We have been profitable for two years, and I have advised shareholders and the financial community that we will be profitable in 2004. We are well-positioned for future growth, especially in commercial passenger and cargo markets,” Harris said. Randy Martinez, 48, became the president and chief operating officer of World Airways in November 2003. He joined the airline in October 1998 as director, crew resources and was appointed as the special assistant to the chairman in May 1999 and in August 1999 was named chief information officer. In June 2002, he was promoted to executive vice president of marketing and administration, where he managed the marketing, sales, human resources, and information technology departments. His responsibilities also included corporate communications, labor issues/negotiations and oversight of the Company’s largest customer, the Air Mobility Command. MacKinney, 47, joined World Airways in August 2003 as senior vice president, planning and corporate development after serving as president of his own aviation consulting firm. His responsibilities at World have included strategic and fleet planning, fleet management, labor negotiations, corporate communications and information technology. MacKinney has considerable aviation experience having served as president and chief executive officer of TransMeridian Airlines, an Atlanta-based charter airline, and also as senior vice president of marketing and planning for AirTran Airways. He held various leadership positions during nine years with American Airlines, most recently as managing vice president of AMR Consulting Group. Prior to American, MacKinney served as vice president of marketing and planning for Air Virginia, a regional airline that became the third American Eagle carrier. He holds a B.S. degree in industrial management from Purdue University and an MBA from the University of Dallas.
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