JetBlue says Powers to retire, Leddy to serve as interim CFO
JetBlue Airways’s Mark Powers will retire as CFO after five years, and will be replaced on an interim basis by Treasurer Jim Leddy. Powers, 63, will serve as an adviser for one year after stepping down on Nov. 1, the New York-based airline said Tuesday. The temporary appointment of 53-year-old Leddy must be approved by JetBlue’s board at a regular meeting next week. “During Mark’s tenure JetBlue has nearly tripled in size in crewmembers, fleet and network,” CEO Robin Hayes said. “We have grown revenue in excess of $4b” and “reduced total debt by $800m,” he said. Powers, who joined JetBlue in 2006 as treasurer, previously worked at Continental Airlines, Northwest Airlines, Texas Air and General Electric Co.’s jet engine unit.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-09-14/unaligned/jetblue-says-powers-to-retire-leddy-to-serve-as-interim-cfo
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JetBlue says Powers to retire, Leddy to serve as interim CFO
JetBlue Airways’s Mark Powers will retire as CFO after five years, and will be replaced on an interim basis by Treasurer Jim Leddy. Powers, 63, will serve as an adviser for one year after stepping down on Nov. 1, the New York-based airline said Tuesday. The temporary appointment of 53-year-old Leddy must be approved by JetBlue’s board at a regular meeting next week. “During Mark’s tenure JetBlue has nearly tripled in size in crewmembers, fleet and network,” CEO Robin Hayes said. “We have grown revenue in excess of $4b” and “reduced total debt by $800m,” he said. Powers, who joined JetBlue in 2006 as treasurer, previously worked at Continental Airlines, Northwest Airlines, Texas Air and General Electric Co.’s jet engine unit.<br/>
