American Airlines has appointed Devon May as Chief Financial
Officer, effective 1 January 2023.
Devon, who is currently the airline’s Senior Vice
President of Finance and Investor Relations, will report to American’s CEO, Robert Isom.
Derek Kerr, American’s current CFO, will remain at
the airline as Vice Chair, President of American Eagle and
Strategic Advisor. He will continue to lead American’s Regional
and Cargo teams and serve as a strategic advisor to the company.
“Derek Kerr is quite simply the best CFO in the
history of the airline industry,” said Isom. “He is a great friend
and has been a trusted advisor throughout my career, and his
20-year stint as CFO of America West, US Airways and American is
unparalleled. He was instrumental in bringing together American
and US Airways and ensuring American remained on solid footing
during the global pandemic. American is well-positioned because of
Derek’s leadership and stewardship, and he has spent years
readying Devon for his new responsibilities.”
Devon joined America West in 2002 and has more
than 20 years of airline industry experience across finance,
operations, network planning and alliances.
In his current role,
he leads the airline’s financial planning and analysis, corporate
development, and investor relations work. He previously served as
Senior Vice President of Finance and American Eagle and Senior Vice
President of Network Strategy, where he led American’s
regional operations as well as its network planning and alliances
work.
“Devon is the perfect person to lead our finance
organization going forward as we continue to focus on achieving
sustained profitability and reducing debt,” added Isom. “He is a
world-class executive who has built a great team around him, and
he has played a critical leadership role inside American for many
years. This move follows a long-planned succession process, and
the entire senior leadership team is looking forward to working
alongside Devon even more closely in his new role.”
Devon holds an MBA from Embry-Riddle Aeronautical University
in Daytona Beach, Florida, and a Bachelor of Management in finance
from the University of Lethbridge in Alberta, Canada.
“I’m truly honored to be taking on the role of CFO
at American,” said May. “Derek has been a close friend and mentor
to me for more than 20 years and our airline is set up well for
the future because of his leadership. I look forward to leading
our finance team as we build on the progress we have made on our
return to sustained profitability and our debt reduction plan. The
best is yet to come for American.”
