Jet Airways announces the resignation of its CEO Cramer Ball
Jet Airways announces the resignation of its CEO Cramer Ball, effective 29 February 2016 to pursue a new opportunity, in Europe for family reasons. Gaurang Shetty, Whole-time Director, will become the acting CEO of the Company.
Mr. Shetty, who has over 35 years of industry experience and has been with the Company for over 19 years, will now lead the operating committee in managing the day-to-day operations of the Company, under the supervision and control of the Board of Directors, chaired by Naresh Goyal.
Mr. Goyal said: “Cramer has, during his tenure, made a significant contribution in the journey to turnaround Jet Airways. The Company recorded two consecutive profitable quarters after a gap of eight years. Our best wishes are with Cramer and his family in his future endeavours.”
Mr. Ball said: “I am honoured to have been able to play a part in the turnaround of Jet Airways, as it moves towards long-term sustainable profitability. The people at Jet Airways have worked as a team to get this business into shape and I am pleased with the progress that has been made.”
You might also like
Central Railway to run 60 more special trains during Ganpati Festival
The Central Railway will run 60 more special trains to clear the extra rush of passengers during Ganpati Festival. It was directed by Railway Minister Suresh Prabhu in addition to
IHCL offers Spiritual journeys in India across its properties
Visit some of India’s most treasured pilgrim destinations with Taj, Vivanta and Ginger hotels across India There’s something to be said for a holiday that’s about rejuvenating your soul. Deep rooted
Taiwan: The Country that never sleeps…
A vacation in Taiwan is surely an unprecedented experience for a sole reason that Taiwan is a country that never sleeps. One has diverse places to explore starting from the
