United Picks Counsel Hart as Acting CEO to Fill In for Munoz

  • More details due later Monday or Tuesday, airline says
  • Board is said to have discussed interim chief or replacement
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United Continental Holdings Inc. said it expects to reach a decision as soon as Monday on how the airline will proceed after Chief Executive Officer Oscar Munoz was hospitalized.

Munoz, 56, suffered a heart attack on Thursday, according to a person familiar with the matter. Last week, United directors were at an impasse on whether to appoint an interim CEO or start seeking a new one, another person familiar with the situation said. The board lacked enough information then on how to proceed, the person said.