Market Chatter: Apple Hires American Airlines Executive to Head Government Affairs Team

MT Newswires Live00:54

Apple (AAPL) has hired longtime American Airlines (AAL) executive Nate Gatten as its head of government affairs, effective Aug. 31, Bloomberg reported Wednesday, citing a company memo it viewed.

Kate Adams, who had served as senior vice president of government affairs, will remain in an advisory role until Oct. 1, the report said, citing the memo.

Gatten, a Republican, served as American Airlines' government affairs chief from 2017 until this week, the report said. Apple wanted a person who could align with the Trump administration, the report said, citing people familiar with the matter.

Apple didn't immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 301.84, Change: -3.07, Percent Change: -1.01

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment