Amtrak Names Richard Anderson, Former Delta Chief, as Its New CEO
This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.
The travel industry is getting smaller and smaller. Today, Amtrak announced that its CEO Wick Moorman is stepping down at the end of the year. Who’ll be replacing him? None other than former Delta Air Lines CEO Richard Anderson.
In the interim between July 12 and the end of the year, Moorman and Anderson will serve as co-CEOs of Amtrak. By the time Moorman steps down, he’ll have been at the helm of the train operator for about a year and a half. According to Politico, Amtrak’s chairman Tony Coscia said that Amtrak’s plans were always for Moorman to be a temporary CEO. In fact, Moorman said that he’ll have been there longer than originally intended.
— Amtrak (@Amtrak) June 26, 2017
Moorman said he’ll retain an ongoing advisor role with Amtrak after he steps down in order to assist Anderson, who has no experience in the railroad business. The announcement comes at a pivotal time, as Amtrak has faced increasing pressure to conduct critical repair work at Penn Station and to replace the rail tunnel beneath the Hudson River, which is falling apart.
Anderson joined Delta in 2007, just as the company was coming out of bankruptcy. Since that time and up until he left in 2016 for retirement, Anderson helped to transform Delta into the very profitable carrier it is today. As for what kind of say he’ll have in transforming the Amtrak Guest Rewards program (if at all), that has yet to be seen.
Featured image courtesy of Spencer Platt via Getty Images.
WELCOME OFFER: 30,000 Points
TPG'S BONUS VALUATION*: $600
CARD HIGHLIGHTS: up to $100 annual CLEAR statement credit, up to $100 annual LoungeBuddy statement credit, 3x points on travel and transit, 3x points on restaurants worldwide
*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.
- Earn 30,000 Membership Rewards® points after you spend $2,000 on purchases on your new Card in your first 3 months.
- Earn 3X Membership Rewards® points on all eligible travel, from subway swipes and window seats to hotel stays and city tours.
- Earn 3X Membership Rewards® points at restaurants worldwide.
- Receive up to $100 per year in statement credits when you use the American Express® Green Card to pay for your CLEAR® membership at select airports and stadiums across the U.S. and Permissible Biometric Scanning Technology terms: eye scanning, irises scanning and fingerprints scanning.
- Use the American Express® Green Card to purchase lounge access through LoungeBuddy to any of the lounges in the LoungeBuddy network – no memberships, elite statuses, or first class tickets required. Earn up to $100 in statement credits per calendar year on your LoungeBuddy purchases.
- No Foreign Transaction Fees.
- $150 Annual Fee.
- Terms Apply.
- See Rates & Fees