Jet Airways: Top Management exodus

Jet Airways’ Chief Executive Officer Vinay Dube resigned from the company citing “personal reasons”, plunging the grounded airline into further uncertainty, even as a process to revive it is underway. Dube’s resignation came a day after his deputy and Chief Financial Officer Amit Agarwal resigned late on Monday. On Tuesday, Dubey’s resignation was followed by that of Jet’s Chief People Officer Rahul Taneja, and Company Secretary and Compliance Officer Kuldeep Sharma.

On May 9, Jet’s Wholetime Director, Gaurang Shetty, who had served the company in several capacities, also resigned, citing personal reasons. Independent director Rajshree Pathy and non-executive director Nasim Zaidi had resigned in April. “We wish to inform that Vinay Dube, Chief Executive Officer, has resigned from services of the company with immediate effect due to personal reasons,” Jet Airways said in a regulatory filing on Tuesday.

Indian-American Dube had joined the company as CEO in May 2017, after the full-time CEO’s position was vacant for nearly 15 months due to the departure of Crammer Ball.

CFO Amit Agarwal had filled in as acting CEO during this period. 

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