x

Posted 08 January, 2024

JETBLUE AIRWAYS CORP appointed Joanna Geraghty as new CEO

Nasdaq:JBLU appointed new Chief Executive Officer Joanna Geraghty in a 8-K filed on 08 January, 2024.


  On January 7, 2024, in accordance with its extensive succession planning, the Board of Directors of the Company (the "Board") unanimously approved the appointment of Joanna Geraghty, the Company's President and Chief Operating Officer, as Chief Executive Officer, effective as of the Transition Date.  

Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of JETBLUE AIRWAYS CORP
Transportation/Logistics • Passenger Airlines
JetBlue Airways Corp. engages in the provision of air transportation services. Its brands include jetBlue, jetBlue Vacations, Paisly, and TrueBlue. It operates through the following geographic segments: Domestic and Canada, Caribbean and Latin America, and Atlantic. The company was founded by David Gary Neeleman in August 1998 and is headquartered in Long Island City, NY.
Market Cap
$2.46B
View Company Details
JETBLUE AIRWAYS CORP by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On January 7, 2024, Robin Hayes, Chief Executive Officer of JetBlue Airways Corporation ("JetBlue" or the "Company"), notified the Company of his decision to retire from his position, effective February 12, 2024 (the "Transition Date"). The Company thanks Mr. Hayes for his many years of service and leadership. Mr. Hayes will serve as a strategic advisor over the coming months.


On January 7, 2024, in accordance with its extensive succession planning, the Board of Directors of the Company (the "Board") unanimously approved the appointment of Joanna Geraghty, the Company's President and Chief Operating Officer, as Chief Executive Officer, effective as of the Transition Date. In connection with her appointment, Ms. Geraghty has been designated as the Company's principal executive officer as of such date. In addition, the Board appointed Ms. Geraghty to the Board, effective as of the Transition Date. Ms. Geraghty was also appointed as a member of the Airline Safety Committee and the Technology Committee of the Board, in each case effective as of the Transition Date.


Ms. Geraghty, age 51, first joined the Company in 2005. Prior to her appointment as President and Chief Operating Officer in May 2018, Ms. Geraghty served as the Company's Executive Vice President, Customer Experience from 2014 to 2018. She also served as Executive Vice President, Chief People Officer from 2010 to 2014, after serving as Vice President and Associate General Counsel and Director of Litigation and Regulatory Affairs. Ms. Geraghty also serves on the board of directors of L3Harris Technologies, Inc. (NYSE: LHX), has also served as a member of the board of the JetBlue Foundation, and is chairperson of the board of Concern Worldwide, an international not-for-profit organization.


The Compensation Committee and the Board will evaluate Ms. Geraghty's compensation at a later date. At this time, any changes to Ms. Geraghty's compensatory arrangements in connection with her appointment as Chief Executive Officer have not been determined. The Company will file an amendment to this Current Report on Form 8-K after such information is determined or becomes available.


There are no arrangements or understandings between Ms. Geraghty and any other person pursuant to which she was appointed. Ms. Geraghty does not have any family relationship with any director or other executive officer of the Company or any person nominated or chosen by the Company to become a director or executive officer, and there are no transactions in which Ms. Geraghty has an interest requiring disclosure under Item 404(a) of Regulation S-K.