Articles tagged “munoz”

From outward appearances, the prospects looked bleak several weeks ago for the hedge fund-led proxy fight to succeed at United but the dissidents had the ear of other big shareholders and the United board. It now appears as though the dissidents, including airline and online travel veterans, accomplished a whole lot.

The dissident shareholders at United are facing an uphill battle in their proxy fight as CEO Oscar Munoz has garnered a great deal of support from United's unions/employees. The hedge funds claim, though, that they support Munoz and only want to equip him to do a better job by putting in place a more experienced board.

Leadership isn't just about energy and enthusiasm, which recovering United CEO Oscar Munoz seems to have plenty of. But it can't be dismissed, either.