DEFINITION of 'Leo F. Mullin'
A former CEO and chairman of Delta Airlines. Born in 1943 in Massachusetts, Mullin earned his MBA from Harvard. He began his career with consulting firm McKinsey and eventually became the first outsider CEO of Delta in 1997 and chairman in 1999. He stepped down as CEO in 2003 and as chairman in 2004. He initially helped the company improve its finances, but later in his tenure, Delta struggled with rising labor and fuel costs, the aftermath of the 9/11 terrorist attacks, a controversy over executive pay and employee wage cuts and layoffs.
BREAKING DOWN 'Leo F. Mullin'
Founded in 1928, Delta has grown substantially over the years through numerous mergers and acquisitions. It is a major airline with destinations in more than 350 cities worldwide. Mullin is also known for his involvement with the Museum of Natural History and the Chicago Chamber of Commerce.

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Delta Spread
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Fundamental Analysis
Delta Vs. American Airlines: Why Delta is Flying Higher (DAL, AAL)
Find out why Delta shares have outperformed American Airlines. How has load factor impacted revenue per available seat mile and financial results? 
Retirement
Is Delta Stock Suitable for Your IRA or Roth IRA? (DAL)
Learn about Delta Airlines and the factors that affect the company's performance. Discover if Delta stock makes an appropriate investment for IRA accounts. 
Options & Futures
Options Trading Strategies: Understanding Position Delta
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Active Trading Fundamentals
Delta's 3 Key Financial Ratios (DAL)
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Stock Analysis
What Has Been Delta Airlines Strategy To Soar?
Airline stocks have soared over the past several years, and Delta Air Lines has been one of the leading airlines to reap the benefits.Â 
Investing Basics
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Delta hedging is a derivative trading strategy that attempts to reduce  or eliminate  the risk caused by price changes in the underlying asset. 
Stock Analysis
Delta Bets On Its Punctuality. Will it Work? (DAL)
Examine Delta's new marketing effort based on its ontime performance in terms of how much it is likely to benefit the airline. 
Stock Analysis
Free Cash Flow Separates Delta From The Pack
The U.S. airline industry has experienced a stunning revival in the past few years. No need to look hard to find airlines with doubledigit profit margins. 
Options & Futures
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Stock Analysis
Who Are Delta Airlinesâ€™ Main Competitors? (DAL)
Compare the top competitors of Delta Air Lines, Inc. Take a deeper look into the key drivers of competition in the airline industry.

Why does delta only range from 1 to 1?
Learn what the option Greek delta is, what affects the value of delta for an option and why the delta of an option can only ... Read Answer >> 
What are common delta hedging strategies?
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How can you use delta to determine how to hedge options?
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What does it mean to say that a straddle is "delta neutral?"
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What are the limitations of using delta to hedge options?
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How can I calculate the delta adjusted notional value?
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