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The Wright Way To Fly

Southwest promotes its treasurer to CFO

By Staff Writer | Updated on September 01, 2004

Laura Wright’s promotion puts her in the hot seat. Wright, the new CFO of $5.9 billion Southwest Airlines Co., faces the challenge of maintaining Southwest’s low cost structure as one of the airline’s big expenses, fuel oil, skyrockets in price.

Wright, 44, had been Southwest’s treasurer and vice president of finance before being named CFO. She succeeds Gary Kelly, who was promoted to vice chairman and CEO of the airline after serving as its CFO since 1989.

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