United Continental Holdings Inc. said Wednesday President and Chief Executive Oscar Munoz underwent a heart transplant earlier Wednesday and is recovering from the surgery. The transplant “was considered the preferred treatment and was not the result of a setback,” the company said in a statement. Munoz is expected to return to work between April and June, the airline said. Shares of United Continental fell 0.4% in late trading Wednesday after ending the regular session up 0.3%. Munoz suffered a heart attack in October; United named Brett Hart interim CEO later that month.
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