American Airlines Issues Statement on Death of Former Chairman Albert V. Casey
July 11 2004 - 4:44PM
PR Newswire (US)
American Airlines Issues Statement on Death of Former Chairman
Albert V. Casey FORT WORTH, Texas, July 11 /PRNewswire/ -- American
Airlines Chairman and CEO Gerard J. Arpey issued the following
statement Sunday regarding the death of former company chairman
& CEO Albert V. Casey at his home in Dallas Saturday: "Al Casey
was brought in as chairman at a critical point in American
Airlines' history. He assembled a management team who, under his
skilled leadership, guided American through the early days of
deregulation and built it into one of the world's preeminent
airlines. This airline is grateful for his extensive contributions
and we will miss his friendship and support. We extend our deepest
sympathies to the Casey family on its personal loss." Casey joined
American Airlines in 1974 and retired as chairman of AMR
Corporation and American Airlines in 1985. He made the decision to
move American's headquarters from New York City to Fort Worth in
1979. After his retirement from American, Casey served as
Postmaster General of the United States in 1986 and was on the USPS
board of governors at the time of his death. He also headed the
Resolution Trust Corporation, established by Congress in 1989 to
liquidate the assets of failed savings and loan associations. Born
in Boston, he graduated from Harvard University in 1943 and spent
four years in the Army during World War II. He received an MBA from
the Harvard School of Business Administration in 1948. He served on
numerous boards during his career, including Colgate-Palmolive
Company and Sears Roebuck and Co., and was an advisor to M&A
Technology. He was also active in the Dallas community, and until
recently served as the Distinguished Executive in Residence at the
Edwin L. Cox School of Business, Southern Methodist University.
DATASOURCE: American Airlines CONTACT: John Hotard, Corporate
Communications, American Airlines, +1-817-967-1577, Web site:
http://www.aa.com/
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