American Airlines Group Inc. announced that Greg Smith has been named independent chairman of the company's board of directors, effective April 30, 2023. Smith, 56, will succeed Doug Parker, who will retire from the board at that time. Smith's appointment is part of the board's long-term succession planning process.

Smith joined American's board in January 2022 after a more than 30-year career at The Boeing Company. He most recently served as Boeing's Executive Vice President and CFO, leading the company's Enterprise Operations, Finance, Strategy and Shared Services organizations. He managed Boeing's overall financial activities and had oversight of the company's manufacturing, operations, supply chain, quality and program management teams. In addition, Ray Robinson and Jim Albaugh will retire from American's board at the end of the current term, which coincides with the company's upcoming annual meeting of stockholders.

Robinson and Albaugh have served on American's board since 2005 and 2013, respectively.