United Airlines Names Kathryn Mikells CFO
UAL Corporation (Nasdaq: UAUA), the holding company whose primary subsidiary is United Airlines, has announced that Kathryn Mikells will be named senior vice president and chief financial officer, succeeding Jake Brace, executive vice president and chief financial officer, who is retiring November 1. In her new position, Mikells, who has held several leadership roles in the finance organization, will be responsible for treasury, tax, the controller function, budgets, financial planning and analysis, accounting, external financial reporting, and, for administrative purposes, internal audit. She also will be responsible for mergers and acquisitions, fleet planning, corporate development and investor relations. Mikells most recently served as vice president of Investor Relations, representing United to the business and financial analyst community, and working closely with investors. Prior to that, Mikells held the role of vice president of Financial Planning and Analysis, responsible for business development and analytical support for business decisions and financial planning, including overseeing the company’s operating and capital budgeting functions. She was previously vice president and treasurer for United, where she was responsible for United’s treasury department, including corporate finance, risk management, cash management, insurance and corporate tax.
“I have worked with Kathy for more than 10 years, and this is a role that she has prepared for, worked hard for, and that is well deserved,” Brace said.
Mikells joined United in 1994 as a financial analyst. She has held several leadership positions, including vice president of Corporate Real Estate, director of Corporate Planning, managing director of United NetVentures, chief financial officer of Mileage Plus, director of Financial Analysis, and manager of Operating Budgets and Treasury.
Prior to joining United, Mikells spent six years in the financial services sector, including positions at GE Capital’s Corporate Finance Group, Household International and Canadian Imperial Bank. She holds a master’s of business administration from the University of Chicago and a bachelor’s of science degree in finance from the University of Illinois at Urbana-Champaign. In her new role, Mikells will report to Tilton and will continue to be based at the company’s corporate headquarters in Chicago.
About United
United Airlines (NASDAQ: UAUA) operates more than 3,200* flights a day on United and United Express to more than 200 U.S. domestic and international destinations from its hubs in Los Angeles, San Francisco, Denver, Chicago and Washington, D.C. With key global air rights in the Asia-Pacific region, Europe and Latin America, United is one of the largest international carriers based in the United States. United also is a founding member of Star Alliance, which provides connections for our customers to 975 destinations in 162 countries worldwide. United’s 55,000 employees reside in every U.S. state and in many countries around the world. News releases and other information about United can be found at the company’s Web site at united.com.