United CEO hospitalized; stock slumps on heart attack report

October 16, 2015 8:45 PM

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United CEO hospitalized; stock slumps on heart attack report

United Continental Holdings Inc (UAL.N) said Friday its recently named chief executive, Oscar Munoz, had been hospitalized, but the airline did not confirm a report in The Wall Street Journal that he had suffered a heart attack.

Munoz's health issues are the latest setback for United, the No. 2 U.S. airline in terms of capacity. The company last month named Munoz, a former CSX Corp (CSX.N) executive, to replace Jeff Smisek as CEO amid a federal probe involving the Port Authority of New York and New Jersey.

Also read: Sears Stock Stumbles After Going-Concern Warning

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