Gerard Arpey
American business executive (born 1958)
Gerard J. Arpey (born July 26, 1958) is the former chairman, president, and chief executive officer (CEO) of AMR Corporation, parent company to American Airlines.2
From Wikipedia’s article on Gerard Arpey (this version), CC BY-SA 4.0.
Born Jul 26, 1958.1
Companies
- The Home DepotBoard member 2015 to now8
- American Airlines GroupChief executive officer Jul 28, 2004 to May 23, 20119
- American Airlines GroupChair Jul 28, 2004 to May 23, 20119
- American Airlines GroupPresident Jul 28, 2004 to Apr 21, 20119
Holdings
Stock this person has reported owning, from the forms officers and directors file with the SEC. See the biggest insider stakes.
Shares held
American Airlines Group AAL2,455,718 shares10$29.2M at $11.88May 20, 2011
As of each latest filing. The line shows shares held over time.
Recent filings
- May 20, 2011Returned to company 30,682 shares at $6.66 of American Airlines Group11
- May 20, 2011Returned to company 37,028 shares at $6.66 of American Airlines Group10
- May 18, 2011Granted 275,000 shares of American Airlines Group11
- May 18, 2011Granted 336,000 shares of American Airlines Group11
- Apr 20, 2011Returned to company 115,000 shares of American Airlines Group12
- Apr 20, 2011Shares withheld for tax 30,418 shares at $5.64 of American Airlines Group12
- Jul 23, 2010Returned to company 5,290 shares at $6.89 of American Airlines Group13
- May 19, 2010Granted 210,000 shares of American Airlines Group14
- May 19, 2010Granted 258,000 shares of American Airlines Group14
- Apr 21, 2010Returned to company 71,250 shares of American Airlines Group15
- Apr 21, 2010Shares withheld for tax 6,282 shares at $7.77 of American Airlines Group15
- Jul 24, 2009Returned to company 5,290 shares at $4.66 of American Airlines Group16
- Jul 20, 2009Granted 58,000 shares of American Airlines Group17
- Jul 20, 2009Granted 295,000 shares of American Airlines Group17
- Jul 20, 2009Granted 308,000 shares of American Airlines Group17
- Apr 15, 2009Returned to company 23,750 shares of American Airlines Group18
- Apr 15, 2009Shares withheld for tax 18,846 shares at $5.01 of American Airlines Group18
- Jul 25, 2008Returned to company 8,748 shares at $8.53 of American Airlines Group19
- May 20, 2008Granted 58,000 shares of American Airlines Group20
- May 20, 2008Granted 116,000 shares of American Airlines Group20
- May 20, 2008Granted 230,000 shares of American Airlines Group20
- Apr 17, 2008Sold 12,810 shares at $8.50 of American Airlines Group21
- Apr 17, 2008Sold 9,400 shares at $8.49 of American Airlines Group21
- Apr 17, 2008Sold 6,700 shares at $8.51 of American Airlines Group21
- Apr 17, 2008Sold 5,700 shares at $8.53 of American Airlines Group21
Early life and education
- Date not recordedUniversity of Texas at Austin3
Arpey received a Bachelor of Business Administration degree in 1980 and an MBA in 1982, both from the University of Texas at Austin. He also holds an FAA Multi-Engine Instrument Pilot Rating and is an avid private pilot.
From Wikipedia’s article on Gerard Arpey (this version), CC BY-SA 4.0.
Career
Occupation: businessperson.5
- Since 2015Board member, The Home Depot4
Arpey was elected chairman of AMR Corporation and American Airlines, Inc. in May 2004. Arpey had been president and chief executive officer of AMR and American, since April 2003, when he was first elected a member of the board of directors of both companies. Prior to that, he had served as president and chief operating officer of AMR and American since April 2002.
Arpey led a global organization that included American Airlines, American Eagle and AmericanConnection, serving approximately 250 cities in 40 countries and territories around the world. During Arpey's tenure the combined network offered, on average, more than 3,400 flights a day with nearly 900 aircraft.
Before his appointment as president and COO, Arpey served as American Airlines' executive vice president of operations, senior vice president of finance and planning, and chief financial officer and senior vice president of planning.
As executive vice president of operations, Arpey was responsible for American's worldwide flight operations, including Maintenance and Engineering, Flight Department, Operations Planning, Purchasing, Corporate Real Estate, AA Cargo and American Eagle.
As the company's chief finance and planning executive, Arpey directed the corporation's strategic planning activities, including its scheduling, fleet planning and airline partnership activities. As chief financial officer, he was responsible for the corporation's finance functions including the Financial Planning, Treasury, Accounting, Corporate Development, and Investor Relations groups.
Arpey joined American Airlines in 1982 as a financial analyst. He held numerous management positions during his career at American, including managing director of Airline Profitability Analysis, managing director of Financial Analysis and Fleet Planning, and managing director of Financial Planning. He became a corporate officer in 1989, when he was elected vice president of Financial Planning and Analysis.
Arpey announced his retirement on November 29, 2011, coinciding with the bankruptcy filing of American Airlines parent AMR. He was succeeded by Thomas W. Horton. Some airline industry analysts suggested that Arpey did long-term damage to AMR by not filing for Chapter 11 protection earlier on, something he refused to implement on moral grounds as the process of bankruptcy was intended for the purpose of decreasing pension and other financial obligations made to employees. Arpey declined requests by both the AMR board and Horton to stay on in some management capacity because of his unwillingness to work under a bankruptcy scenario. As per his contract, Arpey did not receive any severance upon retirement.
On December 1, 2011, Arpey joined Emerald Creek Group, LLC as a partner. Arpey is a member of the board of directors of S. C. Johnson & Son. He is also a member of The Business Council and involved in a variety of civic organizations.
Read more
September 11, 2001
Arpey was executive vice president of operations at the time of the September 11 attacks during which American Airlines lost two planes. Arpey made the decision to ground all American Airlines flights in Northeastern United States and then across the entire nation before the Federal Aviation Administration directive to do so.
From Wikipedia’s article on Gerard Arpey (this version), CC BY-SA 4.0.
Personal life
Links
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataGerard Arpey on Wikidata
- 2WikipediaGerard Arpey on Wikipedia
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- 8Wikidata and SEC EDGARThe Home Depot, Board member
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- 11SEC EDGARForm 4 filed May 20, 2011
- 12SEC EDGARForm 4 filed Apr 21, 2011
- 13SEC EDGARForm 4 filed Jul 27, 2010
- 14SEC EDGARForm 4 filed May 21, 2010
- 15SEC EDGARForm 4 filed Apr 23, 2010
- 16SEC EDGARForm 4 filed Jul 24, 2009
- 17SEC EDGARForm 4 filed Jul 21, 2009
- 18SEC EDGARForm 4 filed Apr 17, 2009
- 19SEC EDGARForm 4 filed Jul 25, 2008
- 20SEC EDGARForm 4 filed May 22, 2008
- 21SEC EDGARForm 4 filed Apr 18, 2008