Jet Airways announces the resignation of its CEO Cramer Ball

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

Trending

The Hôtel de Paris Monte-Carlo unveils its secrets

Any journey to new horizons begins with the imagination. Dive into the heart of the Hôtel de Paris Monte-Carlo legend! While it undergoes renovations, the Hôtel de Paris Monte-Carlo invites

Government

Yes Bank wins National Tourism Award for ‘Most Responsible Tourism Project/Initiative’

Awarded bestowed by the Chief Guest Smt. Sumitra Mahajan, Hon’ble Speaker, Loksabha and Dr. Mahesh Sharma, Hon’ble Minister of State (IC) for Tourism and Culture YES BANK wins award for

Trends

Tamarind Global participates in Arabian Travel Market 2019

Tamarind Global, the leading Event and Destination Management Company participated in Arabian Travel Market (ATM) 2019 for the second time in a row. Every year the event is organised in