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Southwest Airlines CFO Plans To Retire

DALLAS (AP) - Southwest Airlines says its chief financial officer, Laura Wright, plans to retire after 25 years with the airline.

Dallas-based Southwest Airlines Co. said Thursday that Wright will be succeeded by Tammy Romo, who currently serves as senior vice president of planning.

The personnel change is effective Sept. 20. Wright will remain with the company through the end of the year to help with the transition process.

Wright, who is also senior vice president of finance, said in a statement that she wants to spend more time with her family among other things in retirement.

Romo joined Southwest in 1991. She'll continue to oversee the financial planning and analysis and strategic planning functions of her current position.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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