Gary C. Kelly

Last updated
Gary Kelly
20170113 Gary Kelly.jpg
Born
Gary Clayton Kelly

(1955-03-12) March 12, 1955 (age 68)
Education University of Texas, Austin (BBA)
OccupationBusiness executive
TitleChairman, Southwest Airlines
Term2008–present

Gary Clayton Kelly (born March 12, 1955) is an American business executive. He is the chairman and former chief executive officer of Southwest Airlines.

Contents

Education

Kelly studied accounting at the University of Texas at Austin. [1]

Career

Prior to his work at Southwest, Kelly worked as an audit manager for Arthur Young & Co. and a controller for Sterling Software. [2]

Kelly first joined Southwest Airlines in 1986 as a controller. In 1989, Kelly was promoted to chief financial officer and vice president of finance. [3] In 2001, he was promoted to Executive Vice President. Kelly spent 3 years in this role until he was promoted to become Southwest's fifth CEO and vice chairman in 2004 [4] replacing James Parker who succeeded Herb Kelleher in 2001.

Kelly was named chairman of the board of directors of Southwest Airlines on May 21, 2008, replacing co-founder Herb Kelleher. [5] Gary Kelly also became president of Southwest Airlines the same year, replacing Colleen Barrett when her contract expired on July 15, 2008. [6]

Gary Kelly and Bob Fornaro during AirTran acquisition Bob Fornaro and Gary Kelly.jpg
Gary Kelly and Bob Fornaro during AirTran acquisition

As CEO, Kelly has guided the airline to become the largest carrier of domestic passengers in the United States. [7] [8] He has led the company through a number of transformative, large-scale initiatives including the revamp of the airline’s Rapid Rewards program, [9] the introduction of the Boeing 737–800 [10] and 737 MAX [11] aircraft to Southwest’s fleet, the acquisition of AirTran Airways, [12] the launching of Southwest's first international service, [8] [12] an update to the airline’s branding, [13] the adoption of the Amadeus reservation system, [14] and large expansion projects at the company’s corporate headquarters in Dallas. [15]

On January 10, 2017, Kelly announced changes to the company's executive leadership ranks with Thomas M. Nealon named as president and Michael G. Van de Ven named as the airline's chief operating officer. These changes were effective immediately. Kelly retained the title of chairman and chief executive officer. [16]

After agreeing to take a salary cut to prevent employee furloughs, his base salary reduced to zero until the end of 2021. [17] After Congress passed additional Payroll Support Program (PSP) measures, the SWA BoD retroactively reinstated Gary Kelly's full salary.

On 23 June 2021, Kelly announced he would relinquish his role as CEO in February 2022, with Bob Jordan announced to take his place at that time. He will remain as executive chairman of the board until at least 2026. [18]

On December 15, 2021, Kelly testified against mask mandates on airplanes at a Senate Committee on Commerce, Science, and Transportation hearing while sitting unmasked next to other unmasked senior airline executives opposed to mask mandates; two days later he tested positive for COVID-19. [19]

Awards and recognition

Kelly was named one of the best CEOs in America for 2008, 2009 and 2010 by Institutional Investor magazine and serves on the President's Council of Jobs and Competitiveness. [20]

In 2014, Kelly received the Advertising Innovation and Marketing Excellence (AIME) Award. [7]

Kelly was the 2016 recipient of the Tony Jannus Award for distinguished achievement in commercial air transportation. [21]

In 2017, Fortune named Kelly the #3 most underrated CEO in America (after Satya Nadella and Jeff Bezos) based on a survey of Fortune 500 CEOs asking them which of their fellow CEOs do not get enough credit. Kelly received 85 votes. [22]

On February 18, 2020, Gary Kelly was named as the recipient of the 2020 Philanthropic Leadership Award from The Ireland Funds. [23]

On October 25, 2021, Gary Kelly was the recipient of the 2021 Lifetime Achievement Award from 3BL Media. [24]

Personal life

Kelly was born in San Antonio on March 12, 1955. [25] Kelly received a Bachelor of Business Administration in Accounting from the University of Texas at Austin. He is a Certified Public Accountant. [2]

Kelly first met his wife Carol in eighth grade. They married in 1976. Together, they have two daughters. [25]

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References

  1. "Gary C Kelly, Executive Chair of Southwest Airlines". The CEO Magazine. Retrieved 2024-02-01.
  2. 1 2 "Biography: Gary C. Kelly". CEO Exchange . June 5, 2007.
  3. "Southwest Airlines' CEO Gary C. Kelly Sets the Carrier's New Course". D Magazine. Retrieved 2019-10-03.
  4. "CEO of the Year (Again!): Gary Kelly of Southwest Airlines". D Magazine. Retrieved 2019-10-03.
  5. "Gary Kelly". whitehouse.gov . Retrieved 2019-10-03 via National Archives.
  6. ATW Plus (21 May 2008). "Southwest, AirTran CEOs become chairmen". Air Transport World . Retrieved 4 January 2019.
  7. 1 2 "Southwest Airlines racks up another award thanks to CEO Gary Kelly". Dallas Culturemap. July 12, 2014.
  8. 1 2 "Southwest CEO sees BWI as international gateway". The Baltimore Sun . February 20, 2015.
  9. "Rapid Rewards revamp is just one of Southwest Airlines' big changes". Los Angeles Times . February 26, 2011.
  10. "Southwest to buy larger jets". The Spokesman-Review . December 16, 2010.
  11. "Southwest receives first delivery of Boeing 737 MAX". Yahoo! Finance . August 30, 2017.
  12. 1 2 "Southwest Airlines Acquires AirTran". Seattle Post-Intelligencer . September 27, 2010.
  13. "Now middle-aged, Southwest Airlines will change the paint job on it airplanes". The Blade . September 8, 2014.
  14. "Southwest Airlines turns on new reservations system". Fort Worth Star-Telegram . May 9, 2017.
  15. "See Southwest Airlines' new $250 million addition to fast-growing Love Field campus". Dallas News . April 3, 2018.
  16. "Southwest Airlines Announces Executive Promotions". Southwest Airlines Newsroom. Retrieved 2018-05-02.
  17. "Southwest CEO says it can avoid layoffs through 2021 with employee pay cuts". CNBC. 5 October 2020. Retrieved 9 November 2020.
  18. Arnold, Kyle; Halkias, Maria (23 June 2021). "Southwest Airlines' Gary Kelly stepping down as CEO next year, exec Robert Jordan will take over". The Dallas Morning News . Retrieved 23 June 2021.
  19. Laris, Michael (2021-12-17). "Southwest Airlines CEO Gary Kelly tests positive for coronavirus after Senate hearing". The Washington Post. Retrieved 2021-12-20.
  20. "Gary Kelly". whitehouse.gov . Archived from the original on 2017-01-22. Retrieved 2014-12-20 via National Archives.
  21. "Southwest Airlines CEO Gary Kelly named Tony Jannus Award winner". Tampa Bay Times . May 20, 2016.
  22. "These Are the Most Over and Underrated CEOs". Fortune . February 16, 2017.
  23. "Southwest CEO Receives 2020 Philanthropic Leadership Award". Focus Daily News. 18 February 2020. Retrieved 3 January 2023.
  24. "Congratulations to 3BL Media's 2021 Responsible CEO of the Year Honorees!". 3BL Media. 2021-10-25. Retrieved 2020-10-26.
  25. 1 2 "Southwest Airlines CEO is defining himself as a leader — without bag fees". Dallas News . April 19, 2010.