USAir Group Inc. named 33-year company veteran Seth E. Schofield president and chief executive officer yesterday. He will replace current CEO Edwin I. Colodny when Mr. Colodny retires in June at age 65.
"This is a transition no one will even notice," said Edward J. Starkman, an airline analyst at Paine Webber Inc. in New York. He said that Washington-based USAir, the dominant airline at Baltimore-Washington International Airport, has groomed Mr. Schofield to take over the airline holding company and that yesterday's move was widely expected.
"It's no surprise; seven months ago he was promoted," said Mark Daugherty, who follows airlines for Dean Witter Reynolds Inc., also in New York. In June, Mr. Schofield was made president of USAir Group's biggest subsidiary, the USAir airline. "He has been taking a high-visibility role in management, and this follows up on that."