This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

United Airlines: Regular Guy as President

CHICAGO ( TheStreet) -- John Tague's appointment to be president of United (UAUA) shattered precedent because Tague is an itinerant airline guy.

Before he joined United in 2003, after two decades in the airline business, Tague, 47, worked for four little known airlines Midway, Air South, Vanguard and ATA. None existed before deregulation, and none survive today.

United: It's in the Bag Fees
United Fears Delay in JAL Resolution

While the airline industry is filled with similar career stories, few itinerants make it to the top at the five remaining, pre-deregulation carriers that collectively dominate the industry. United, in particular, has historically looked outside the industry for leadership: of the four CEOs it has employed since 1994, three came from the auto, timber and oil industries. The fourth was a career United employee. The president's job had been filled by CEO Glenn Tilton since 2002.

John Tague
United President John Tague

Tague provides a marked contrast. His father started out handling baggage for Pan Am in Alaska, advanced to run Hughes Air West, and later founded Midway. "I was weaned on airlines,'' Tague has said. He joined United in 2003 and held a variety of executive jobs before being named president in July.

"I sort of grew up on the other side of the tracks of the industry," said Tague, in an interview. "I looked wantingly at the kind of brand and the kind of company United was throughout the years. I suppose I always hoped and thought I might end up here. (But) I was actually ready to leave the industry when Glenn and I had our first conversation."

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $134.68 3.40%
FB $81.81 0.34%
GOOG $555.39 -1.70%
TSLA $231.69 6.10%
YHOO $44.37 -0.34%

Markets

DOW 18,037.97 -42.17 -0.23%
S&P 500 2,108.92 -8.77 -0.41%
NASDAQ 5,060.2460 -31.8390 -0.63%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs