JetBlue finance chief to depart, take same job at EBay

JetBlue Airways named Ursula Hurley, its head of treasury and investor relations, as acting chief financial officer after the resignation of Steve Priest, who’s taking the same post at EBay. Priest’s departure is effective June 11, the New York-based airline said in a statement Monday. He’ll start at EBay on June 21, according to the online retailer. The departing executive has spearheaded major fleet decisions and cost-control efforts at the carrier since 2017. Priest joined JetBlue from IAG’s BA in 2015 as vice president of structural programs and became chief financial officer in February 2017. “They were starting to reap the benefits of the multiyear structural cost program initiatives right before Covid hit, and should again in the recovery,” said Savanthi Syth, a Raymond James Financial Inc. analyst. Priest oversaw discussions that led JetBlue to convert some existing aircraft orders in 2019 to the Airbus SE A321XLR, enabling the carrier to plan transatlantic flights that are expected to begin in Q3. <br/>
Bloomberg
https://www.bloomberg.com/news/articles/2021-05-17/jetblue-chief-financial-office-resigns-acting-replacement-named
5/17/21