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-Wright to step down as CFO of Southwest Airlines.


U.S.-based low-cost carrier Southwest Airlines (NYSE: LUV) said that its senior vice president of finance and chief financial officer, Laura Wright, has advised the company of her decision to retire.

Tammy Romo has been named to succeed Wright as senior vice president of finance and chief financial officer. Romo has been serving Southwest as senior vice president of Planning.

She joined Southwest in 1991 as Manager of Financial Reporting and has previously served as director of Investor Relations, vice president - treasurer, vice president - Controller, and vice president of Financial Planning. Prior to joining Southwest, Romo was an audit manager at Coopers & Lybrand, LLP.

The leadership changes will be effective Sept. 20, 2012. Wright will remain with the company through yearend to assist with the transition. As CFO, Romo will retain her leadership over the financial planning and analysis, and strategic planning functions from her current role, the airline said.

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Publication:Airline Industry Information
Date:Aug 30, 2012
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