What is Doug Parker’s Net Worth?
Doug Parker is an American businessman who has a net worth of $50 million. Doug Parker was is the Chairman and CEO of American Airlines Group, Inc. which incorporates American Airlines. He graduated from Albion College and Vanderbilt University. Parker served as a monetary analyst for American Airlines from 1986 to 1991. In 1991 he joined Northwest Airlines after which in 1995 he turned Chief Financial Officer of America West Airlines.
He labored in finance, gross sales, and operations earlier than changing into Chairman and CEO in 2001, simply 10 days earlier than the September 11th terrorist assaults. He helped save the airline from a second chapter by being the primary to win a publish 9/11 federal mortgage assure. He stayed on as CEO when American West Airlines and US Airways merged. Doug Parker turned the CEO of the world’s largest airline in 2013 when American Airlines father or mother firm AMR Corporation and US Airways merged. In a typical 12 months Doug earns round $19 million in wage and complete compensation. He additionally owns roughly 1.8 million shares of AA that are price round $60 million.
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