(Reuters) – Southwest Airlines on Thursday said Executive Vice President and Chief Financial Officer Tammy Romo will retire from the role effective April 1, after more than three decades with the airline. The Dallas-based carrier said it will begin a search for Romo’s replacement. Romo joined Southwest in 1991 and has held several leadership roles, […]
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Southwest Airlines’ CFO Tammy Romo to retire on April 1
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(Reuters) – Southwest Airlines on Thursday said Executive Vice President and Chief Financial Officer Tammy Romo will retire from the role effective April 1, after more than three decades with the airline.
The Dallas-based carrier said it will begin a search for Romo’s replacement.
Romo joined Southwest in 1991 and has held several leadership roles, including head of investor relations, controller, treasurer, and senior VP for planning. She was appointed CFO in 2012.
Romo was added to the board of directors of Tenet Healthcare in 2015 in addition to working as chair of its audit committee.
The airline, which has struggled to restore profit margins since the COVID-19 pandemic, came under activist pressure in June of last year, but has since unveiled several initiatives such as aircraft sale-leasebacks to reinforce profits.
Southwest also said Chief Administration Officer Linda Rutherford will retire from that role on April 1 as well, after joining the firm in 1992.
(Reporting by Jaiveer Singh Shekhawat and Abhinav Parmar in Bengaluru, Editing by Franklin Paul and Bill Berkrot)