Delta CFO to Forgo Retirement to Guide Airline Through Pandemic

Delta Air Lines (NYSE: DAL) said Tuesday that its chief financial officer Paul Jacobson, who in February announced plans to retire, will instead stay on to help the airline navigate through the COVID-19 pandemic crisis.

A lot has changed since February, with airlines hit particularly hard by the pandemic. Delta has warned that it expects second quarter revenue to fall 90% year over year.

In a memo to employees Tuesday, CEO Ed Bastian said Jacobson, 48, has agreed to rescind his retirement and remain on as CFO.

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Source Fool.com