The Traderszone Network

Published in TZ Latest News 7 May, 2014 by The TZ Newswire Staff

JetBlue CEO weighs 2015 departure as contract expires

JetBlue Airways Corp. (JBLU) Chief Executive Officer Dave Barger is considering departing when his contract expires in 2015, and the board has begun planning for a possible successor as the airline struggles to win over investors. Barger, 56, hasn’t made a final decision and hasn’t given the board official notice about his plans, said Ann Rhoades, who has been a director for New York-based JetBlue since 2001. While JetBlue avoided bankruptcy last decade when many peers sought court protection, the carrier is missing out on a rally in the industry and the U.S. stock market.

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