United CEO Munoz will not chair board in 2018 following passenger removal | Reuters

NEW YORK United Airlines (UAL.N) Chief Executive Oscar Munoz will not chair the company's board in 2018, it said in a regulatory filing on Friday, following a high-profile incident in which an elderly passenger was dragged from a flight.

In a reversal of Munoz's earlier employment agreement, he has opted to leave "future determinations related to the Chairman position to the discretion of the Board," the filing said.

(Reporting by Alana Wise; Editing by Richard Chang)

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Published Date: Apr 22, 2017 02:45 am | Updated Date: Apr 22, 2017 02:45 am