Burns

$13.3 billion Atlanta-based Delta recently announced that its CFO, M. Michelle Burns, would resign to assume the same position with bankrupt energy trader Mirant Corp. Burns had served with Delta since 1999, and was previously a partner with Arthur Andersen, where she was in charge of the Southern Region Federal Tax Practice, and was the first woman named partner in the Atlanta office. Burns is a director at Wal-Mart and Cisco; her replacement at Delta has not yet been named.

The news comes shortly after the departure of Delta President and COO Fred Reid, who left to join the new low-cost airline by Virgin Group. Delta recently reported its 13th consecutive quarterly loss, a net loss of $383 million for Q1 2004.