CEO Ed Bastian said Tuesday that he had asked Jacobson to reconsider his plans, unveiled in February, to retire this year.
Jacobson has worked for the Atlanta-based airline for more than two decades and was named CFO in 2012. "Under his leadership, we have boosted our liquidity through commercial markets and expanded our cash position to help us weather the storm in the months to come," Bastian wrote in a memo to employees. "Paul and his team have been instrumental in executing our strategy for cost reduction while forging the path ahead so that Delta is positioned to lead the industry when the recovery comes.
Bastian didn't say how long Jacobson would remain at the airline but said: "we can all be heartened by the fact that Paul has chosen to stay with Delta not only as we rebuild, but for many years to come as we continue our climb."
Now that the Gov bailout them out with free $ it's CFO changed his retirement plans. While CEO 'Bastian wrote in a memo to employees. 'Paul & his team have been instrumental in executing our strategy 4 cost reduction' Does that means that your prices are going down? DeltaMoment