Jump to content

Ed Bastian

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Avgalatl (talk | contribs) at 22:03, 6 December 2018. The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Ed Bastian
Born
Edward H. Bastian

(1957-06-06) June 6, 1957 (age 67)
Alma materSt. Bonaventure University
OccupationBusiness executive
TitleChief Executive Officer of Delta Air Lines
TermMay 2016- present
PredecessorRichard H. Anderson (businessman)
Board member ofAeroméxico, Atlanta Committee for Progress, Metro Atlanta Chamber of Commerce, Woodruff Arts Center, Virgin Atlantic Airlines
Children4

Edward H. Bastian (born June 1957) is an American business executive. He has been the chief executive officer of Delta Air Lines since May 2, 2016.[1]

Early life and education

Bastian grew up in Poughkeepsie, N.Y., the oldest of nine children. His father was a dentist; his mother, a dental assistant. The Bastians operated their dental practice from within the family home.[2]

In 1979, Bastian received a Bachelor of Business Administration in Accounting from St. Bonaventure University in Cattaraugus County, New York.[3] He is a Certified Public Accountant.[4]

Career

Bastian began his career as an auditor in New York at Price Waterhouse, now PricewaterhouseCoopers. During a 1981 annual review, he uncovered a $50 million fraud scheme involving ad powerhouse J. Walter Thompson. This prompted a U.S. Securities and Exchange Commission investigation, leaving many Price Waterhouse executives with marred careers. A few years later, he was named partner at age 31.[2]

After Price Waterhouse, he served as Vice President at PepsiCo, where he managed international finances for its Frito-Lay snack division until 1998, when he joined Delta Air Lines as Vice President - Finance and Controller. In 2000, he was promoted to Senior Vice President – Finance and Controller.

Bastian left Delta in 2005 to become Senior Vice President and Chief Financial Officer at Acuity Brands. Six months later, at the request of then-Delta CEO Gerald Grinstein, he returned to the airline to serve as Chief Financial Officer.[5] In 2007, he was appointed to President, a position he held until assuming the role of CEO in May 2016.[6] His transition to CEO was the first time Delta had chosen a chief executive officer from within the company since 1987.[7]

Personal life

Bastian splits his time between Atlanta, where Delta Air Lines is headquartered, and Florida.[8]

Awards and recognition

References

  1. ^ "Delta announces executive succession". Delta News Hub. February 3, 2016.
  2. ^ a b "Delta buckles up for turbulence". Fortune. November 27, 2018.
  3. ^ "St. Bonaventure grad to take over for Delta Air Lines CEO Anderson as he retires". WIVB. February 4, 2016. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  4. ^ "Edward "Ed" Bastian". www.bloomberg.com. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  5. ^ "Ed Bastian to Succeed Richard Anderson as Chief Executive Officer of Delta Air Lines". The Gate. February 3, 2016.
  6. ^ "Edward Bastian Restructures Delta Into The "Winningnest" Airline". Chief Executive. January 2, 2018.
  7. ^ "Can new Delta CEO Ed Bastian continue the airline's success?". Atlanta Magazine. April 28, 2016. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  8. ^ "Poughkeepsie native named CEO of Delta Air Lines". Poughkeepsie Journal. April 5, 2016.
  9. ^ "Metro Atlanta Chamber Announces 2021 Chair And Launches New Digital Tool To Promote The Region". Metro Atlanta Chamber. November 29, 2018.
  10. ^ "The World's 50 Greatest Leaders". Fortune . April 19, 2018.
  11. ^ "2018 Georgia Trustees". Georgia Trend. February 2018.
  12. ^ "Highest Rated CEOs 2017". Glassdoor. Retrieved December 6, 2018. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  13. ^ "Q&A with Ed Bastian, 2017 Most Admired CEO". Atlanta Business Chronicle. July 31, 2017.