JetBlue CFO resigns

JetBlue Airways’ chief financial officer Ed Barnes has resigned from the airline and will be replaced by company treasurer Mark Powers for an interim period while a full-time replacement is sought.

Barnes joined JetBlue in 2006 as vice-president, cost management and financial analysis, and was promoted to CFO in 2008, while Powers joined the carrier in 2006 as treasurer and vice-president corporate finance. He was promoted to senior vice-president treasurer in 2007.

“Under Ed’s leadership, our company has benefited from a stronger financial discipline, allowing us to plan a sustainable growth strategy,” remarked Dave Barger, JetBlue’s president and CEO. “The financial team Ed built will continue to serve JetBlue well, and we wish him well in his future endeavours.”

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