United Airlines CEO has suffered a heart attack
YouTube/United
"We have been informed by Oscar's family that he was admitted to the hospital on Thursday and we will provide further details as appropriate," the company said in a statement. "In the meantime, we are continuing to operate normally."
The recently appointed CEO is currently in a Chicago-area hospital, the Wall Street Journal reported earlier.
According to the report, United's board members are awaiting news of the severity of the heart attack to determine whether an interim CEO will be required.
Munoz joined United Airlines as its president and CEO in September after former chief executive Jeff Smisek resigned as a result of a federal corruption investigation.
Prior to joining United, Munoz served as president and COO of CSX Corporation - a freight transportation company.
Shares of United Continental Holdings are trading down nearly 3% on the news.
- I quit McKinsey after 1.5 years. I was making over $200k but my mental health was shattered.
- Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say
- I tutor the children of some of Dubai's richest people. One of them paid me $3,000 to do his homework.
- Why are so many elite coaches moving to Western countries?
- Global GDP to face a 19% decline by 2050 due to climate change, study projects
- 5 things to keep in mind before taking a personal loan
- Markets face heavy fluctuations; settle lower taking downtrend to 4th day
- Move over Bollywood, audio shows are starting to enter the coveted ‘100 Crores Club’