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Fortune
Fortune
Sheryl Estrada

Southwest is the latest big firm to choose a CFO search over succession planning

Tammy Romo (Credit: Courtesy of Southwest Airlines)

Good morning. CFO turnover at major companies continues this year, with Tammy Romo, Southwest Airlines’ EVP and chief financial officer since 2012, planning to retire. However, Southwest didn't announce a successor for the longtime CFO. Rather, it will begin a search for her replacement. 

Romo, who joined Southwest in 1991, will retire on April 1, the company announced on Jan. 9. Over the past 33 years, she has held many leadership roles, such as head of investor relations, controller, treasurer, and SVP of planning. 

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