Crandall may yield title of president, paper says

March 13, 1995|By New York Times news Service

Robert L. Crandall, who has held the top three jobs at AMR Corp. since 1985, is reportedly considering turning over his title of president to one of his chief lieutenants this week, leaving him as chairman and chief executive.

An announcement may come Wednesday, after a board meeting at AMR, the parent company of American Airlines, according to an article in The Dallas Morning News on Saturday.

The front-running candidates for the position would be the two executive vice presidents at the company: Donald J. Carty, who runs finance and planning, and Robert W. Baker, who is in charge of operations.

Industry analysts said that if the change took place, they would consider Mr. Carty the odds-on favorite.

AMR officials declined to comment on possible changes in the executive suite. However, they confirmed that Wednesday the company would announce that 900 to 1,000 positions at the AMR headquarters in Dallas -- roughly 20 percent of the staff in that office -- would be eliminated.

The cuts are expected, but somewhat more surprising is the prospect that Mr. Crandall, who is 59, may loosen his tight control of the company, with a management structure that helped him maintain his command of the details of the company's operations.

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