Former Pinnacle Airlines CEO shot dead in Memphis

The former CEO of Pinnacle Airlines has been fatally shot in Memphis, Tennessee.

Authorities say Philip Trenary was killed in a shooting Thursday night on South Front Street in downtown Memphis about 8 p.m.

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Trenary also served as the CEO of the Greater Memphis Chamber.

The death was confirmed by  Memphis Mayor Jim Strickland.

Police described the suspect as a black male, wearing a blue shirt and driving a white four-door Ford F150.

An investigation is ongoing.

The Commercial Appeal reports that Trenary founded Lone Star Airlines in Oklahoma in 1984 and came to Memphis in 1997 to run a regional airline that morphed into Pinnacle.

The Associated Press contributed to this report. An earlier photo incorrectly identified Philip Trenary.