United Names First Woman As Board Chair—A Job That Was Supposed to Go to Its Embattled CEO

United Continental Holdings's board named former Federal Aviation Administration boss Jane Garvey to be chairman, as the carrier works to improve operations and close a profit gap with rivals.

Garvey succeeds Robert Milton, a former Air Canada chief executive officer who led United's board for two years and announced plans last month to step down. Garvey, who guided the FAA through the aftermath of the Sept. 11 terrorist attacks, serves as North America chairman of investment firm Meridiam...

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