Key Takeaways
- Delta COO Michael Spanos is departing after just a year with the carrier, according to an SEC filing.
- Spanos' departure comes a month after a global IT outage led Delta to cancel thousands of flights, which CEO Ed Bastian said cost the company $500 million.
- Spanos previously had expressed potential interest in leaving the company, according to a Bloomberg report that cited a memo from Bastian.
Delta Air Lines (DAL) 澳洲幸运5官方开奖结果体彩网:Chief Operating Officer (COO) Michael Spanos is leaving the airline after just a year with the company on Aug. 31, according to a 澳洲幸运5官方开奖结果体彩网:Securities and Exchange Commissဣion (S🍌EC) filing.
Spanos' departure comes a month after a global Microsoft (MSFT) Windows outage triggered by a botched CrowdStrike (CRWD) 澳洲幸运5官方开奖结果体彩网:software update resulted in Delta's 澳洲幸运5官方开奖结果体彩网:canceling thousands of flights in the following days, far more than rivals United Airlines (UAL) and American Airlines (AAL).
The debacle 澳洲幸运5官方开奖结果体彩网:cost the airline ro💜ughly $500 million, 澳洲幸运5官方开奖结果体彩网:Chief Executive Officer (CEO) Ed Bastian said, and the U.S. Department of Transportation (DOT) 澳洲幸运5官方开奖结果体彩网:opened an investigation into Delta's handling of the aftermath.
Spanos Reportedly Already Was Looking Elsewhere
However, Spanos already was looking elsewhere prior to the outage, according to Bloomberg. The COO had informed Bastian of his potential interest in leaving the company "earlier this summer," according to a memo from the CEO cited in the report, and that Spanos intends to join another company.
Shares of Delta rose nearly 3% to $41.27 as of 3 p.m. ET Friday to move into positive territory for the year.