Brandon Pedersen, chief financial officer of Seattle-based Alaska Air Group, the parent of Alaska Airlines, plans to retire in March and will be replaced by another Alaska executive, Shane Tackett, who currently serves as Alaska’s executive vice president of planning and strategy.
Pedersen, a life-long Seattle resident, joined Alaska in 2003 as vice president of finance and controller after serving for 11 years as the airline company’s outside auditor. He was promoted to CFO in May 2010. During his time as CFO, Alaska acquired Virgin America Inc., strengthened its balance sheet and initiated a stock dividend that has continued to grow every year since 2013.
"Brandon has done an extraordinary job as Alaska’s CFO,” says Brad Tilden, chairman and CEO of Alaska Air Group. ”Brandon has excelled in his work with analysts and investors, clearly articulating industry issues and Alaska’s plans for creating long-term growth and value. He will be deeply missed by all of us.”
Tackett will assume the CFO post with Pedersen’s retirement on March 2. He has been with Alaska since 2000 and has had many roles over the years since, including being named vice president of labor relations at Alaska Airlines in 2010 ― overseeing the company’s relationships with its five unions.
Five years later, Tackett took on responsibility for Alaska’s revenue management and e-commerce functions, managing the company’s relationships with its key technology partners. Last year, he was promoted again to executive vice president of planning and strategy, and once again led Alaska’s labor-relations team ― a role he will continue to play as CFO.
"We're extremely lucky to have someone of Shane’s caliber who's ready to succeed Brandon,” Tilden says. “Shane has been with Alaska for nearly 20 years. He has led a wide array of divisions, including financial planning and analysis, e-commerce, revenue management and labor relations.”
Alaska Airlines is the leading carrier at Sea-Tac Airport, serving more than 24 million passengers in 2018, according to Sea-Tac figures. The airline and its regional partners fly 46 million guests a year to more than 115 destinations.