Alaska Air Group appoints former Deloitte executive and proud Seattleite, Pete Shimer, to the board of directors

Rhea-AI Summary

Alaska Air Group (ALK) has appointed Pete Shimer, former interim CEO of Deloitte, to its board of directors, effective immediately. Shimer, who is retiring from Deloitte after a 41-year career, will serve on the board's Audit and Safety Committees. He replaces Ken Thompson, who is retiring after 25 years of service.

Shimer brings extensive financial and operational expertise from his various C-suite positions at Deloitte. A University of Washington graduate, he serves on the university's Foundation board and the Fred Hutchinson Cancer Center board. Thompson, the outgoing director, was notably a founding member of the board's Safety Committee following flight 261 and was recognized as one of the 100 most influential corporate directors by NACD in 2019.

With Shimer's election, Alaska Air Group's board now comprises 9 independent directors and CEO Ben Minicucci as a non-independent director.

Shimer will fill the seat left by Ken Thompson who retires after 25 years of service

SEATTLE, May 8, 2025 /PRNewswire/ -- Alaska Air Group, Inc. announced today the election of Pete Shimer to the company's board of directors. Shimer began as an auditor and has since held numerous C-suite positions at international public accounting firm Deloitte, most recently serving as its interim chief executive officer.  Shimer retires from Deloitte this month after 41-year career.  He will fill the Alaska Air Group board seat vacated by Ken Thompson on his retirement after 25 years of service. Shimer's election is effective immediately, and he will serve on the board's Audit and Safety Committees.

"I am happy to welcome Pete to the Alaska Air Group board," said board chair Patty Bedient. "His expertise in operational and financial matters will be an asset to us, as will his deeply rooted commitment to the Seattle community and long history as an Alaska Airlines customer. We look forward to his contributions."

Shimer earned his bachelor's degree in accounting from the University of Washington where he serves as a board member for the university's Foundation, he also serves on the board of Fred Hutchinson Cancer Center.

A legacy rooted in Alaska values

Retiring from the board after 25 years of service, Ken Thompson leaves a legacy steeped  in Alaska values and going beyond formal board member duties. Thompson was a founding member of the board's Safety Committee after the tragedy of flight 261 and  ,over his years,  served on all but one board committee.

"Ken has been a trusted advisor  to the management team, offering wisdom and perspective that have helped guide us through many critical moments in our history, and asking probing questions that have improved our thinking," said Alaska CEO Ben Minicucci. "His deep understanding of the company's values and his strategic mindset have been instrumental in shaping key decisions that have strengthened our company. We will miss his leadership and wish him well."

In 2019, Thompson was selected as one of the 100 most influential corporate directors by the National Association of Corporate Directors (NACD).

Alaska Air Group directors serve one-year terms upon election at the company's annual meeting of stockholders. With Shimer's election, the board has 9 independent director seats.  CEO Ben Minicucci serves on the board as a non-independent director.

About Alaska Air Group

Alaska Airlines, Hawaiian Airlines and Horizon Air are subsidiaries of Alaska Air Group, with McGee Air Services a subsidiary of Alaska Airlines. With hubs in Seattle, Honolulu, Portland, Anchorage, Los Angeles, San Diego and San Francisco, we deliver remarkable care as we fly our guests to more than 140 destinations throughout North America, Latin America, Asia and the Pacific. Alaska is a member of the oneworld Alliance with Hawaiian scheduled to join in 2026. With oneworld and our additional global partners, guests can earn and redeem miles for travel to over 1,000 worldwide destinations. Guests can book travel at alaskaair.com and hawaiianairlines.com. Learn more about what's happening at Alaska and Hawaiian. Alaska Air Group is traded on the New York Stock Exchange (NYSE) as "ALK."

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SOURCE Alaska Air Group

FAQ

Who is Pete Shimer and what is his role at Alaska Air Group (ALK)?

Pete Shimer is the former interim CEO of Deloitte who has been appointed to Alaska Air Group's board of directors, serving on the Audit and Safety Committees. He joins after retiring from a 41-year career at Deloitte.

Who did Pete Shimer replace on Alaska Air Group's board?

Pete Shimer replaced Ken Thompson, who retired after 25 years of service on Alaska Air Group's board of directors.

How many independent directors does Alaska Air Group (ALK) have on its board?

Alaska Air Group has 9 independent director seats, plus CEO Ben Minicucci who serves as a non-independent director.

What committees will Pete Shimer serve on at Alaska Air Group?

Pete Shimer will serve on Alaska Air Group's Audit and Safety Committees.