JetBlue CEO Robin Hayes to step down, COO Joanna Geraghty to take over
From CNBC:
– JetBlue CEO Robin Hayes announced his resignation, with COO Joanna Geraghty set to take over next month.
– The departure comes as JetBlue aims to acquire Spirit Airlines in a nearly $4 billion deal, despite a lawsuit from the U.S. Department of Justice to block the merger.
– Hayes, a three-decade airline industry veteran, cited health concerns as reason for stepping down, but will remain a strategic advisor and board member. Geraghty, who has been with JetBlue for two decades, will take over as CEO.
– Geraghty will face the challenge of steering JetBlue amidst recent struggles and overseeing the potential merger with Spirit Airlines, including converting their planes into JetBlue’s configurations.
Read more: JetBlue CEO Robin Hayes to step down, COO Joanna Geraghty to take over