Doug Herring Email and Phone Number

Served as chief financial officer for the airline's operations division, comprising an annual budget of $12 billion and over 30,000 employees.

Served as President & CEO of this $70 billion (assets) registered investment advisory firm. Primary lines of business included corporate cash and pension assets investment management, a mutual funds complex and a private equity fund-of-funds. Also served as President and Trustee for the mutual funds complex (American Beacon Funds).

Responsible for the Company's financial planning and analysis, corporate accounting and reporting (internal and SEC), financial systems, revenue accounting, payroll, disbursements and receivables functions. Oversaw implementation of Sarbanes-Oxley legislation. Sat on AMR's Pension Asset Administration Committee. Routinely interfaced with Audit Committee of AMR's Board of Directors. Actively participated in AMR's 2003 corporate restructuring. Managed staff of over 600 personnel.

Led the development of AMR's annual operating and capital expenditure budgets; monitored/analyzed resulting spending performance and pursued corrective action where necessary. Identified and implemented revenue enhancement and cost reduction opportunities. Performed ad hoc financial analysis.

Directed the corporate accounting and financial reporting functions for AMR Corporation. Oversaw the development and maintenance of the Company's financial systems, including a conversion to SAP R/3.

Led efforts to identify, analyze and execute strategic mergers and acquisitions opportunities. Developed a marketing and operational alliance with a U.S. air carrier. Directed the sale of a French travel agency. Chaired a task force to structure an IPO of a wholly-owned subsidiary.

Sourced, structured and negotiated $4.0 billion of corporate finance transactions, including aircraft leases (U.S. and cross-border), public debt and equity offerings, private debt placements, bank debt (domestic and foreign), tax-exempt financings and commercial paper. Developed and maintained relationships with external counsel, investment and commercial banks, and credit rating agencies.