Current Report Filing (8-k)
13 December 2022 - 11:01PM
Edgar (US Regulatory)
0000006201false0000004515false00000062012022-12-132022-12-130000006201srt:SubsidiariesMember2022-12-132022-12-130000006201us-gaap:CommonStockMember2022-12-132022-12-130000006201us-gaap:WarrantMember2022-12-132022-12-13
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act
of 1934
Date of Report (Date of earliest event reported):
December 13, 2022
AMERICAN AIRLINES GROUP INC.
AMERICAN AIRLINES, INC.
(Exact name of registrant as specified in its charter)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Delaware |
|
1-8400 |
|
75-1825172 |
Delaware |
|
1-2691 |
|
13-1502798 |
(State or other Jurisdiction of Incorporation) |
|
(Commission File Number) |
|
(IRS Employer Identification No.) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1 Skyview Drive, |
Fort Worth, |
Texas |
|
|
76155 |
1 Skyview Drive, |
Fort Worth, |
Texas |
|
|
76155 |
(Address of principal executive offices) |
|
|
(Zip Code) |
Registrant’s telephone number, including area code:
(682) 278-9000
(682) 278-9000
|
|
|
|
|
|
|
|
|
N/A
|
(Former name or former address if changed since last
report.) |
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
|
|
|
|
|
|
☐ |
Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425) |
☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12) |
☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b)) |
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the
Act:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Title of each class |
|
Trading
Symbol(s) |
|
Name of each exchange
on which registered |
Common Stock, $0.01 par value per share |
|
AAL |
|
The Nasdaq Global Select Market |
Preferred Stock Purchase Rights |
|
—
|
|
(1)
|
(1)
Attached to the Common Stock
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 or
Rule 12b-2 of the Securities Exchange Act of 1934.
|
|
|
|
|
|
Emerging growth company |
☐ |
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period
for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange
Act. ☐
|
|
|
|
|
|
ITEM 5.02. |
DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF
CERTAIN OFFICERS.
|
On December 13, 2022, American Airlines Group Inc. (“AAG”) and
American Airlines, Inc., a wholly owned subsidiary of AAG (“AAI”
and, together with AAG, the “Company”), announced that, effective
January 1, 2023, Devon E. May, currently the Company’s Senior Vice
President—Finance and Investor Relations, will assume the role of
Executive Vice President and Chief Financial Officer. Derek J. Kerr
will transition from his position as Chief Financial Officer as of
year-end. Mr. Kerr will remain the Company’s Vice Chair and
President of American Eagle and will assume the role of Strategic
Advisor.
Mr. May, 46, has served as the Company’s Senior Vice
President—Finance and Investor Relations since February 2022. Prior
to this, Mr. May served in a variety of senior roles in the
Company’s finance, regional, operations planning and network
planning organizations since joining the Company’s predecessor in
2002.
At this time, any compensation adjustments in connection with Mr.
May’s appointment as Chief Financial Officer have not been
determined. The Company will file an amendment to this Current
Report on Form 8-K disclosing any compensation adjustments made in
connection with such appointment if and when they have been
determined.
|
|
|
|
|
|
ITEM 7.01. |
REGULATION FD DISCLOSURE.
|
On December 13, 2022, the Company issued a press release announcing
the appointment of Mr. May as Executive Vice President and Chief
Financial Officer and the transition of Mr. Kerr to the role of
Vice Chair, President of American Eagle and Strategic Advisor. The
press release is furnished herewith as Exhibit 99.1 and is
incorporated by reference into this Item 7.01.
The information in this Item 7.01, including Exhibit 99.1, is being
furnished and shall not be deemed to be “filed” for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended, or
otherwise subject to the liabilities of that Section and shall not
be deemed incorporated by reference into any registration statement
or other document filed pursuant to the Securities Act of 1933, as
amended, except as shall be expressly set forth by specific
reference in such filing.
|
|
|
|
|
|
ITEM 9.01. |
FINANCIAL STATEMENTS AND EXHIBITS. |
|
|
|
|
|
|
|
|
|
(d) Exhibits. |
|
|
|
|
Exhibit No. |
|
Description |
|
|
99.1 |
|
|
|
|
104.1 |
|
Cover page interactive data file (embedded within the Inline XBRL
document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, American Airlines Group Inc. has duly caused this report to
be signed on its behalf by the undersigned hereunto duly
authorized.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AMERICAN
AIRLINES
GROUP
INC.
|
|
|
|
Date: December 13, 2022 |
By: |
|
/s/ Priya R. Aiyar |
|
|
|
Priya R. Aiyar |
|
|
|
Executive Vice President, Chief Legal Officer |
Pursuant to the requirements of the Securities Exchange Act of
1934, American Airlines, Inc. has duly caused this report to be
signed on its behalf by the undersigned hereunto duly
authorized.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AMERICAN
AIRLINES,
INC.
|
|
|
|
Date: December 13, 2022 |
By: |
|
/s/ Priya R. Aiyar |
|
|
|
Priya R. Aiyar |
|
|
|
Executive Vice President, Chief Legal Officer |
American Airlines (NASDAQ:AAL)
Historical Stock Chart
From May 2023 to Jun 2023
American Airlines (NASDAQ:AAL)
Historical Stock Chart
From Jun 2022 to Jun 2023