Gordon M. Bethune (born August 29, 1941) is a retired US airline executive. He was the CEO of Continental Airlines from 1994 until his retirement at the end of 2004. He formerly served on the boards of Honeywell and Prudential Financial.
Bethune was known for ensuring that he received some time as a pilot when taking delivery of a new Continental Airlines Boeing 767 from Boeing and repositioning it from Seattle to Houston.
In 1978, a Navy friend asked whether Bethune would consider joining Braniff International Airways as a maintenance manager. He agreed and later became the vice president of maintenance.[2] Bethune later served as vice president of engineering and maintenance for Western Airlines. He spent thirteen months with Western before leaving to become senior vice president of operations at Piedmont Airlines.[4] Bethune served as vice president and general manager of The Boeing Company's Customer Services Division and later the Renton Division where he was responsible for the production of the B737 and B757 airplanes.
Bethune was hired as COO and president of Continental Airlines in 1994 after the airline had twice faced bankruptcy. Bethune later became the airline's CEO in November 1994 and was elected chairman of the board of directors in 1996.[2][6]
BusinessWeek magazine named Bethune one of the Top 25 Global Managers in 1996 and 1997.[citation needed] Under his leadership Continental's stock price rose from $2 to over $50 per share.[7]Fortune magazine named Continental among the 100 Best Companies to Work for in America for six consecutive years.[8] In his final year with the airline, Fortune ranked Continental as 2004's No. 1 Most Admired Global Airline, a title it earned again in 2005, 2006, 2007 and 2008.[9] Bethune released his book, From Worst to First: Behind the Scenes of Continental's Remarkable Comeback, in 1999 detailing his time at that carrier.[10]
Following his career with Continental, Bethune went on to serve as the non-executive chairman of the board for the former Aloha Airlines.[11] He also served on the board of directors of Prudential Financial, Honeywell, Sprint Corp, and Park Hotels and Resorts. He served as a contributor to CNBC following his retirement.[12]
Awards and honors
In 1999, Bethune was the National Honorary Initiate of Delta Sigma Pi at the Grand Chapter Congress in Houston.[13] In 2003, he received the Tony Jannus Award for outstanding leadership in the Commercial Aviation industry.[14] In 2006, he was awarded the Lloyd P. Nolen Lifetime Achievement in Aviation Award by the Wings over Houston Airshow.[15]
Additionally, he was recognized as one of the Top 25 Global Managers, BusinessWeek, 1996; Laureate in Aviation Trophy, National Air and Space Museum, 1997; 25 Most Influential Executives, Business Travel News, 1998, 2000; 50 Best CEOs in America, Worth, 2001, 2002, 2003; Airline Person of the Year, Travel Agent, 2001.[citation needed]
The Wings Club New York City awarded him the Distinguished Achievement award in 2004.[16] The Navy League of New York presented him The Life Time Achievement Award in 2014.[17] Bethune received the 2009 Philip J. Klass Award for Lifetime Achievement from Aviation Week & Space Technology. The award stated: "...Bethune has spent a lifetime relentlessly searching for ways to make things work better ... has few rivals ... in both his achievements and his popularity with employees."[18]