Delta Air Lines’ board of directors has announced that Richard Anderson has chosen to retire as chief executive, effective May 2nd.

At that time, Anderson will be elevated to executive chairman of the Delta Air Lines board.

“Richard has been an outstanding leader and chief executive.

“His unique combination of strategic and operating skills, plus his commitment to employees, corporate culture, customers and shareholders has redefined Delta and led to an entirely new and better way of flying around the world,” Dan Carp, chairman of the board at Delta Air Lines.

“Under Richard’s leadership, Delta has become the most profitable and best run airline that consistently delivers excellent customer service. 

“The entire board extends a hearty thanks for his service, his leadership and his thoughtful succession planning process.

“This succession plan has been several years in the making and will keep Delta on top of the global industry.”

Ed Bastian, president of Delta, will be appointed chief executive effective May 2nd,  and Glen Hauenstein, executive vice president, will be appointed president of Delta, also effective May 2nd. 

Gil West is promoted immediately to senior executive vice president and chief operating officer. 

“Ed has been a critical part of Delta’s success. 

“He is an exceptional leader and has been an invaluable partner in leading the remarkable transformation of Delta over the last decade.

“Likewise, Glen and Gil are extraordinary leaders who have led the transformation of Delta’s network, product and operations.

“I hold Ed, Glen and Gil in the highest esteem, both personally and professionally, and have every confidence that they will lead Delta to even higher levels of performance.” said Anderson.