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.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • If the first 17 editions of Saarc were tragedies, Kathmandu was a sham

    Rarely has a regional grouping such as the South Asian Association of Regional Cooperation (Saarc) promised so much and delivered so little.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

By the power of wind, let there be light

In India, the development of wind power began in the ...

Zehra Naqvi

Being unrealistic can be good for you

Depression is a term that most people use very casually ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture