Last year, Hawaiian Airlines CEO Mark Dunkerley announced that he will retire from the airline in March. Peter Ingram, Hawaiian’s Executive Vice President and Chief Commercial Officer, will replace Dunkerley on March 1, 2018.
“This has been a heart-wrenching decision,” said Dunkerley, who joined Hawaiian in December 2002. “I am so proud to be associated with this company and our employees. Hawaiian Airlines is truly in a class of its own, distinguished by all the employees I am honored to call my colleagues. At the same time, I am excited by the new opportunities ahead of me and I am confident that Peter Ingram and the team will lead the company to further success.”
“I am humbled by the Board’s confidence in me and excited by the opportunity to lead an incredible team as Hawaiian’s CEO,” said Ingram. “Mark has been an inspirational leader for our company and a mentor to me and many others and I will be proud to continue pursuing the strategy for growth and success that we have been following for the last several years.”
“Peter Ingram has been an important part of Hawaiian Airlines’ growth and success for the past 12 years, and we are confident in his deep knowledge of the airline, the industry, and the community,” said Lawrence Hershfield, Chairman of Hawaiian Airlines’ Board.
One of Ingram’s biggest challenges as Hawaiian’s new CEO will be new competition. Southwest Airlines plans to start service between the American mainland and Hawaii in late 2018 or early 2019. It is also considering flying between different Hawaiian islands, a market dominated by Hawaiian.
Hawaiian is also set to undergo a brand change, including an update to their logo and livery.
Dunkerley’s departure from the airline will end nearly 15 years of leadership during which Hawaiian became one of the US’s most recognizable airlines. During Dunkerley’s time at the airline, Hawaiian expanded to include a wide variety of international destinations, including eight destinations across Japan, South Korea, China, New Zealand, and Australia.
Since 2002, the airline has doubled the number of passengers it flies annually to 11 million. Its revenues have increased four-fold, and the airline now employs twice the number of people it did in 2002. Hawaiian has also had a share price rise from $0.29 in 2003 to $60.90 this year.
“Dunkerley’s departure will end 15 years of leadership during which the company executed a remarkable turnaround to become one of the world’s most successful airlines,” said the company in a recent press release. “During Dunkerley’s tenure, Hawaiian Airlines successfully embarked on a bold Asia-Pacific growth strategy, adding service to Tokyo, Osaka and Sapporo, Japan; Seoul, South Korea; and Beijing, China as well as new routes to Auckland, New Zealand; Sydney and Brisbane, Australia; and New York City.”
“Mark’s abilities as an airline chief executive are evident in the phenomenal growth and success of Hawaiian Airlines over the course of his leadership,” said Hershfield. “It is also a measure of his commitment to Hawaiian that in extending his tenure for 14 months he gave the Board time to consider options for his prospective replacement.”
Ingram joined Hawaiian as Chief Financial Officer in December 2005 six months after the carrier’s emergence from Chapter 11 reorganization.
Featured image by Airbus