Doug Parker Net Worth, spouse, young children, awards, movies

$50,000,000

Doug Parker, a famous American businessman, has a net worth of $50 million. He is the Chairman and CEO of American Airlines Group, Inc., which includes American Airlines. With his extensive experience in finance and operations, Doug Parker played a pivotal role in saving the airline from bankruptcy and successfully navigating mergers, solidifying his position as the CEO of the world’s largest airline with significant annual earnings.

Key facts:

Doug Parker is the Chairman and CEO of American Airlines Group, Inc., which includes American Airlines.

After graduating from Albion College and Vanderbilt University, Parker served as a financial analyst for American Airlines from 1986 to 1991.

In 1995, Parker became the Chief Financial Officer of America West Airlines, where he worked in finance, sales, and operations before becoming Chairman and CEO in 2001.

Doug Parker played a crucial role in saving the airline from a second bankruptcy following the September 11th terrorist attacks by being the first to win a post 9/11 federal loan guarantee.

Parker continued as CEO when America West Airlines and US Airways merged, eventually becoming the CEO of the world's largest airline in 2013 after the merger between American Airlines' parent company AMR Corporation and US Airways.