Jetblue Airways Corporation s Executive Officer Essay

JetBlue Airways Corporation is one of the few American low-cost airline and the 5th largest airline in the United States. JetBlue carries more than 35 customers each year to 96 cities in the U.S., Caribbean and Latin America with an average of 925 flights. JetBlue Airways Corporation is a publicly traded company. The top 5 shareholders are Dave Barger, Joe Clinton Peterson, Robin Hayes, Mark Powers and Frank Sica accordingly. Dave Barger is the largest shareholder with approximately 860, 000 shares as of March 15, 2015 and the former chief executive officer (CEO) of JetBlue. Joe Clinton Peterson is the second largest shareholder with roughly 610,000 shares owned. Peterson, is the CEO and founder of Peterson Partners LP, a private equity firm. Robin Hayes, is the current CEO of JetBlue having replaced Barger in 2015 and he also sits in the company’s board of directors. Hayes, position owned 360,000 shares as of July 6 2016 making him third-largest shareholder. Mark Powersâ€⠄¢ is JetBlue’s chief financial officer (CFO), his position nearly 190,000 shares the fourth-largest shareholder. He has been with the company since 2006 following his appointment as JetBlue’s treasurer. Frank Sica, has been the Vice chairman of JetBlue’s board of directors since 1998. He approximately owned 91,000 shares as of February 21, 2016 making him the fifth-largest shareholder. JetBlue Airways headquarters, 2701 Queens Plz N, Long Island City, NY 11101 is the location of the world headquarters.Show MoreRelatedJetBlue Airlines Case Analysis7061 Words   |  29 PagesJetBlue Airlines Strategic Management Case Analysis Introduction to the Company History of the Firm JetBlue was established in 1999, and was the third airline start-up for founder and CEO David Neeleman. Neeleman managed to gather $130 million, the most ever raised for a start-up airline, from investors that included Chase Capital and financier George Soros. 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