Southwest Airlines CEO Gary Kelly, 66, will step down from his position and “transition roles” to become executive chairman, the company announced Wednesday.

Robert Jordan, Southwest’s executive vice president for corporate services will become the next CEO, starting Feb. 1 next year. He joined the airline in 1988 and served several key roles.

“Bob and I have worked side by side for more than 30 years,” Kelly said in a press release. “He is a gifted and experienced executive and well prepared to take on this important role.”

Kelly has served as Southwest CEO since 2004, overseeing the airline’s first international routes, the acquisition of AirTran Airways and bringing the Boeing 737 Max into its fleet.

In the airline’s 50-year history, it has never had a single layoff or furlough — even during the coronavirus pandemic. Most recently, incoming CEO Jordan was in charge of the company’s voluntary leave and early separation programs, which were “instrumental in avoiding layoffs and furlough actions,” the company said on Wednesday.

“I’m humbled, honored, and excited to be asked to serve as the next CEO,” Jordan said. “The Heart of Southwest is our People; they make the difference for our Customers, and I look forward to serving them.”

Source: | This article originally belongs to Nbcnews.com

You May Also Like

Meta stock plummets after Mark Zuckerberg touts money-losing projects

Mark Zuckerberg started Meta’s earnings call Wednesday by talking about artificial intelligence. Then he…

Twitter Plans to End Ad-Free Article Offering

Tech Move comes as company’s new owner, Elon Musk, continues to make…

U.S. Distillers Bitter Over 25% Tariffs Set to Double in June

Tariffs levied by the Trump administration dented U.S. sales of single-malt Scotch…

Inside the chaotic first days of the effort to vaccinate America

One tray of Covid-19 vaccine from pharmaceutical giant Pfizer contains 975 doses…