AMR Corporation Elects New Board Members

Rajat Gupta, senior partner emeritus of McKinsey & Company, and Alberto Ibarguen, president and CEO of the John S and James L Knight Foundation, have been elected to the boards of directors of AMR Corporation and American Airlines.

Rajat Gupta has served as the managing director worldwide of McKinsey from 1994-2003. In his 34-year career in consulting, Mr Gupta has served many leading companies on a broad set of topics related to strategy, organization and operations. He also is active in many non-profit institutions with a particular focus on education, health and development. He has served as the United Nations Secretary-General’s special advisor on United Nations Reform.

Mr Gupta is also serving as a director of Goldman Sachs, Procter & Gamble, Qatar Financial Centre, and is the chairman of the board of Genpact and New Silk Route Private Equity. He holds a bachelor’s of technology degree in mechanical engineering from the Indian Institute of Technology and an MBA from Harvard Business School.

Mr Ibarguen has served as CEO and president of the John S and James L Knight Foundation since 2005 and is the former publisher of The Miami Herald and of El Nuevo Herald. He was graduated from Wesleyan University and the University of Pennsylvania Law School. Between Wesleyan and Pennsylvania, he served in the Peace Corps in Venezuela’s Amazon Territory and in Colombia. He has practiced law in Hartford, Connecticut, until he joined The Hartford Courant. Following his career at The Hartford Courant he moved to Newsday in New York before moving to Miami and The Miami Herald.

Gerard Arpey, chairman and CEO of AMR and American Airlines, said: “We are fortunate to bring Rajat Gupta’s and Alberto Ibarguen’s vast experience in business and broad community involvement to the boards of AMR and American Airlines. They bring to our boards the necessary diverse points of view and personal qualities that will help strengthen both AMR and American now and in the years to come.”