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American Airlines Finalizes Severance Deal with Ex-CCO

American Airlines Finalizes Severance Deal with Ex-CCO

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The latest update is out from American Airlines (AAL).

American Airlines Group Inc. has finalized a separation deal with former Chief Commercial Officer Vasu Raja, ensuring him severance benefits including his base salary for a specified period, a lump sum payment of $968,750 after this period, and continued travel privileges. These benefits are contingent on his adherence to non-competition and non-solicitation commitments until January 31, 2025.

For detailed information about AAL stock, go to TipRanks’ Stock Analysis page.

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