Richard H. Anderson

AAA

DEFINITION of 'Richard H. Anderson'

Richard H. Anderson became the CEO of Delta Airlines in 2007. Born in 1956 in Texas, Anderson began his career in law, then worked at Continental Airlines, Northwest Airlines and UnitedHealth Group before joining Delta. He helped Northwest avoid filing for bankruptcy in the aftermath of 9/11 - though it ultimately filed in 2005. At Delta, Anderson replaced CEO Gerald Grinstein, under whom Delta filed for chapter 11 bankruptcy in 2005.

INVESTOPEDIA EXPLAINS 'Richard H. Anderson'

Founded in 1928, Delta is a major airline with destinations in more than 350 cities around the globe. Through numerous mergers and acquisitions, including a merger with Northwestern in 2008, Delta has grown considerably over the years. Other airlines that have become a part of Delta include Chicago and Southern Air Lines (1953), Northeast Airlines (1972), Republic Airlines (1986) and Pan Am (1991).

RELATED TERMS
  1. Acquisition

    A corporate action in which a company buys most, if not all, ...
  2. Chairman

    An executive elected by a company's board of directors that is ...
  3. Bankruptcy

    A legal proceeding involving a person or business that is unable ...
  4. Chief Executive Officer - CEO

    The highest ranking executive in a company whose main responsibilities ...
  5. Chapter 11

    Named after the U.S. bankruptcy code 11, Chapter 11 is a form ...
  6. Board Of Directors - B Of D

    A group of individuals that are elected as, or elected to act ...
Related Articles
  1. ogether, management and the board of directors have the ultimate goal of maximizing shareholder value.
    Investing Basics

    The Basics Of Corporate Structure

    CEOs, CFOs, presidents and vice presidents: learn how to tell the difference.
  2. Investing Basics

    Analyzing An Acquisition Announcement

    These deals can make or break investors' returns. Find out how to tell the difference.
  3. Investing Basics

    The Merger - What To Do When Companies Converge

    Learn how to invest in companies before, during and after they join together.
  4. Active Trading Fundamentals

    Evaluating A Company's Management

    Financial statements don't tell you everything about a company's health. Investigate the management behind the numbers!
  5. Options & Futures

    Governance Pays

    Learn about how the way a company keeps its management in check can affect the bottom line.
  6. Facebook Developing New Technologies To Stay On Top
    Investing Basics

    Facebook's Quest For Relevance Leads To New Tech

    the seed from which Facebook sprouted was an immature, perhaps even tacky website that allowed the student community to vote on the appearance of their fellow students.
  7. Investing

    Patrick Byrne's Interest In Bitcoin Was A Good Call, It Turns Out

    Patric Byrne and his interest in Bitcoin is much beyond a 'publicity stunt' that many had initially alleged. He sees a future in cryptocurrency.
  8. SWOT stands for Strengths, Weaknesses, Opportunities, and Threats.
    Professionals

    What is a SWOT Analysis?

    SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. SWOT analysis is a management tool used to identify strategies for success. It may be used to guide individual thinking, group ...
  9. Charles Schwab saw a huge return on his investment in the small-investor market. Today, he serves as executive chairman and largest shareholder of his namesake brokerage, which oversees 9.3 million client accounts.
    Investing News

    How Much Money Does Charles Schwab Have?

    Charles Schwab saw a huge return on his investment in the small-investor market. Today, he serves as executive chairman and largest shareholder of his namesake brokerage, which oversees 9.3 million ...
  10. What do you do with your money when you're one of the world's wealthiest individuals? If you're Carlos Slim, you give a lot away.
    Investing News

    Where Does Carlos Slim Keep His Money?

    What do you do with your money when you're one of the world's wealthiest individuals? If you're Carlos Slim, you give a lot away.

You May Also Like

Hot Definitions
  1. Deferred Revenue

    Advance payments or unearned revenue, recorded on the recipient's balance sheet as a liability, until the services have been ...
  2. Multinational Corporation - MNC

    A corporation that has its facilities and other assets in at least one country other than its home country. Such companies ...
  3. SWOT Analysis

    A tool that identifies the strengths, weaknesses, opportunities and threats of an organization. Specifically, SWOT is a basic, ...
  4. Simple Interest

    A quick method of calculating the interest charge on a loan. Simple interest is determined by multiplying the interest rate ...
  5. Special Administrative Region - SAR

    Unique geographical areas with a high degree of autonomy set up by the People's Republic of China. The Special Administrative ...
  6. Annual Percentage Rate - APR

    The annual rate that is charged for borrowing (or made by investing), expressed as a single percentage number that represents ...
Trading Center