Southwest Airlines has named Tom Doxey, former president of US discount counter Breeze Airways, the successor to long-time chief financial officer Tammy Romo, who is set to retire.
Doxie, who worked as Breeze president from May to October 2022 last year, will take on the role of Southwest CFO on March 10th. He is tasked with helping to revive Southwest as a profitable airline that will ensure that it is profitable.
“Tom's expertise in financial planning, fleet management and operational leadership will make him a major asset to management as a driving advancement in the transformation plan,” said Bob Jordan, Southwest CEO. Masu.
The Dallas-based career has previously revealed that Romo will be resigning on April 1st.
Romo has been the airline's CFO since 2012 and first joined Southwest in 1991. Her looming departures mark the continued reforms of the company's senior leadership team, including the departure of former CEO and executive chairman Gary Kelly and the appointment of several News. director.
Doxey's background includes help with a guide to Breeze's startup phase after its launch in March 2021. Low-cost carriers recently recorded operational profits for the first quarter.
He previously worked as Vice-Chairman of Fleet and Corporate Finance at the Las Vegas-based Ultra Low Cost Carrier Allegiant Air, where he served several titles at United Airlines and most recently United Airlines, Senior Vice President of Technical Operations. Ta.
Southwest says Doxey oversaw United's fleet deal and “has had fiscal surveillance over the United '$18 billion operational budget.”
Southwest's fourth quarter profit improved significantly over the same period in 2023 as it recorded a profit of $261 million compared to its past loss of $252 million.
However, the company's full-year profit was $465 million, almost exactly in line with the 2023 mark. Jordan admitted in Southwest's recent revenue that the airline's cost structure is “not where we want it to be.”
