Top-deck exit continues at Jet; Acting CEO quits

Tags: News
Jet Airways' Acting CEO and Chief Financial Officer Ravishankar Gopalakrishnan has resigned, sources said today, the latest in the high-profile exit from the private carrier.

Gopalakrishnan was entrusted with the additional charge of Acting CEO after resignation of incumbent Garry Kenneth Toomey in mid-January.

While Gopalakrishnan could not be contacted, Jet media head Ragini Chopra did not respond to the text message sent by PTI for confirmation.

Gopalakrishnan is the third top executive to part ways with the Naresh Goyal-promoted airline, in which Gulf carrier Etihad Airways now holds 24 per cent stake, in the past one year.

Immediately after the airline announced the signing of the deal with Etihad in April last year, the then CEO Nikos Kardassis quit, reportedly in protest against being sidelined through out the protracted negotiations for stake sale that lasted for more than a year.

The Mumbai-headquartered airline then brought in Toomey, an Australian national considered close to Etihad CEO and President James Hogan, at the helm in June. But he too quit the job after being in the hot seat for a little over six months.

EDITORIAL OF THE DAY

  • It makes sense to highlight PM’s achievements with little noise to attract greater attention

    Are prime minister Narendra Modi and the BJP going over the top?

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Arun Nigavekar

Can Hefa actually become a reality?

The ministry of human resource development (MHRD) is actively wo­rking ...

Kuruvilla Pandikattu

The India of our dreams

The speech “I have a dr­eam,” that Martin Luther King ...

Shona Adhikari

Head to Tate Modern for a refresher course on Bhupen Khakhar

India’s celebrated artist Bhupen Khakhar’s exhibition, titled You Can’t Please ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture