William Douglas “Doug” Parker is the chairman and CEO of American Airlines Group, Inc., the parent company of American Airlines and the largest airline in the United States. Before the two companies merged in 2013, he was the chairman and CEO for U.S. Airways.
Prior to that merger, Parker was the chairman, president and CEO for America West, a role he started a mere 10 days before September 11, 2001 when he was tasked with the challenge of leading the airline through crisis.
Parker began his career working in the airline industry after graduating with an M.B.A. from Vanderbilt University. After an on-campus interview, American Airlines offered him a job and he worked for them as a financial analyst from 1986 to 1991. He then accepted a position with Northwest Airlines where he helped create a team to more efficiently track flight-by-flight gains and losses.
In 1995, he became vice president and assistant treasurer and vice president of financial planning and analysis at America West Airlines before it merged with US Airways, eventually leading him back to American Airlines.
Parker was an advocate for airlines industry consolidation to create a more stable and competitive industry for all those impacted by airlines, including employees, customers, and stockholders.
He serves on the board for Valley of the Sun United Way, Vanderbilt University, International Air Transport Association, Airlines for America, Inc., and SMU-Cox School of Business and Chairman-Governors Board at Airline Passenger Experience Association, Inc.
He grew up in Michigan and earned his B.A. in economics from Albion College before attending Vanderbilt University. Parker lives with his wife, Gwen, and their three children in Dallas, Texas.
What is W Douglas Parker's net worth?
The estimated net worth of W Douglas Parker is at least $37.16 million as of June 4th, 2019. Mr. Parker owns 2,201,636 shares of American Airlines Group stock worth more than $37,163,616 as of December 22nd. This net worth approximation does not reflect any other investments that Mr. Parker may own. Learn More about W Douglas Parker's net worth.
How do I contact W Douglas Parker?
Has W Douglas Parker been buying or selling shares of American Airlines Group?
W Douglas Parker has not been actively trading shares of American Airlines Group during the last quarter. Most recently, on Tuesday, June 4th, W Douglas Parker bought 50,000 shares of American Airlines Group stock. The stock was acquired at an average cost of $28.09 per share, with a total value of $1,404,500.00. Following the completion of the transaction, the chief executive officer now directly owns 2,201,636 shares of the company's stock, valued at $61,843,955.24. Learn More on W Douglas Parker's trading history.
Who are American Airlines Group's active insiders?
