logo
Plus   Neg
Share
Email

JetBlue CEO Robin Hayes Agrees To Extend Contract - Quick Facts

JetBlue (JBLU) announced Chief Executive Officer Robin Hayes has agreed to extend the term of his employment contract for an additional year through July 2022. Also, the board of directors named Peter Boneparth to succeed Peterson as chair of the board effective after the end of the current term in May.

Joel Peterson, Frank Sica and Stephan Gemkow will retire from the board in May. Robert Leduc has been nominated as an independent director. The company noted that the changes to its board of directors were consistent with the new governance guidelines.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Tesla said it will produce ventilators at its Gigafactory in Buffalo, New York to support the city's hospitals amid the coronavirus pandemic. New York is the worst affected state in the U.S. Last Saturday, Musk tweeted that he "had a long engineering discussion with Medtronic about state-of-the-art ventilators. Luxury fashion house Ralph Lauren will donate $10 million to help fight the coronavirus pandemic and manufacture face masks as well as medical gowns in the U.S. The company's charity arm, the Ralph Lauren Corporate Foundation, said in a statement that it is committing $10 million towards the global response to the COVID-19 pandemic. General Motors Co. is delaying work on new vehicle models and is cutting pay for its executives as part of efforts to conserve cash amid the coronavirus or Covid-19 pandemic. The automotive giant also extended the shutdown of North American plants indefinitely. Multiple reports cited an internal memo that salaried workforce will have 20 percent of pay deferred starting April 1.
Follow RTT
>