Age, Biography and Wiki
Gerard Arpey is an American business executive who served as the Chairman and CEO of American Airlines from 2003 to 2011. He was born on July 26, 1958 in New York City, New York. He graduated from the University of Notre Dame in 1980 with a Bachelor of Arts degree in economics. Arpey began his career at American Airlines in 1982 as a financial analyst. He rose through the ranks and was appointed President and Chief Operating Officer in 2000. In 2003, he was appointed Chairman and CEO of American Airlines. During his tenure, he led the company through a period of financial difficulty and oversaw the merger with US Airways. In 2011, Arpey retired from American Airlines and was succeeded by Thomas Horton. He currently serves as a senior advisor to the private equity firm Apollo Global Management. As of 2021, Gerard Arpey's net worth is estimated to be roughly $50 million.
| Popular As | N/A |
| Occupation | Former Chairman, President and CEO of AMR Corporation |
| Age | 65 years old |
| Zodiac Sign | Leo |
| Born | 26 July, 1958 |
| Birthday | 26 July |
| Birthplace | New York City, New York |
| Nationality | United States |
We recommend you to check the complete list of Famous People born on 26 July. He is a member of famous with the age 65 years old group.
Gerard Arpey Height, Weight & Measurements
At 65 years old, Gerard Arpey height not available right now. We will update Gerard Arpey's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status | |
|---|---|
| Height | Not Available |
| Weight | Not Available |
| Body Measurements | Not Available |
| Eye Color | Not Available |
| Hair Color | Not Available |
Who Is Gerard Arpey's Wife?
His wife is Divorced
| Family | |
|---|---|
| Parents | Not Available |
| Wife | Divorced |
| Sibling | Not Available |
| Children | 3: Ally, James, and Luke Arpey |
Gerard Arpey Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Gerard Arpey worth at the age of 65 years old? Gerard Arpey’s income source is mostly from being a successful . He is from United States. We have estimated Gerard Arpey's net worth , money, salary, income, and assets.
| Net Worth in 2023 | $1 Million - $5 Million |
| Salary in 2023 | Under Review |
| Net Worth in 2022 | Pending |
| Salary in 2022 | Under Review |
| House | Not Available |
| Cars | Not Available |
| Source of Income |
Gerard Arpey Social Network
Timeline
Arpey announced his retirement on November 29, 2011, coinciding with the bankruptcy filing of American Airlines parent AMR. He was succeeded by Thomas W. Horton. Some airline industry analysts suggested that Arpey did long-term damage to AMR by not filing for Chapter 11 protection earlier on, something he refused to implement on moral grounds as the process of bankruptcy was intended for the purpose of decreasing pension and other financial obligations made to employees. Arpey declined requests by both the AMR board and Horton to stay on in some management capacity because of his unwillingness to work under a bankruptcy scenario. As per his contract, Arpey did not receive any severance upon retirement.
On December 1, 2011, Arpey joined Emerald Creek Group, LLC as a partner. Arpey is a member of the board of directors of S. C. Johnson & Son. He is also a member of The Business Council and involved in a variety of civic organizations.
Gerard J. Arpey was elected chairman of AMR Corporation and American Airlines, Inc. in May 2004. Arpey had been president and chief executive officer of AMR and American, since April 2003, when he was first elected a member of the board of directors of both companies. Prior to that, he had served as president and chief operating officer of AMR and American since April 2002.
Arpey was executive vice president of operations at the time of the September 11, 2001 terrorist attacks in which American Airlines lost two planes. Arpey made the decision to ground all American Airlines flights in Northeast US and then across the US before the FAA.
Arpey joined American Airlines in 1982 as a financial analyst. He held numerous management positions during his career at American, including managing director of Airline Profitability Analysis, managing director of Financial Analysis and Fleet Planning, and managing director of Financial Planning. He became a corporate officer in 1989, when he was elected vice president of Financial Planning and Analysis.
Arpey received a Bachelor of Business Administration degree in 1980 and an MBA in 1982, both from the University of Texas at Austin. He also holds an FAA Multi-Engine Instrument Pilot Rating and is an avid private pilot.
Gerard J. Arpey (born 26 July 1958) is the former chairman, president, and chief executive officer (CEO) of AMR Corporation, parent company to American Airlines.
