The CEO of Continental partner ExpressJet Airlines will jump to American Airlines as a senior vice president beginning Jan. 1, according to Associated Press.
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James Ream will oversee maintenance and engineering at American, where he held a series of finance jobs from 1987 to 1995. He will replace Carmine Romano, who is retiring after 41 years at the unit of Fort Worth, Texas-based AMR Corp. (NYSE: AMR).
ExpressJet was spun off from Continental Airlines Inc. (NYSE: CAL) and currently operates regional flights under the Continental Express banner. The Houston-based company, a unit of ExpressJet Holdings Inc. (NYSE: XJT), named board member T. Patrick Kelly as interim CEO.
ExpressJet shares closed Tuesday down 4 cents at $3.65.
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