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Thursday 16 January 2014

Jet CEO Gary Toomey quits within 6 months of taking over

In an unexpected move, Jet Airways Chief Executive Officer Gary Kenneth Toomey announced his immediate departure from the airline today.
“Gary Kenneth Toomey, CEO of the company has resigned with immediate effect,” Jet Airways said in a BSE filing today.
Toomey, who was appointed only last June on a three-year contract, could not be immediately reached for comments.
Ravishankar Gopalakrishnan, the CFO of the airline, will officiate as the “acting chief executive officer” till the board appoints a new chief, the airline said.


It is, however, not yet known as to what led to the sudden exit of Toomey.
Prior to joining Jet, Toomey, an Australian national, had served as president and chief executive of Air New Zealand Group and CEO of Airlines PNG in Papua New Guinea.
Read news in full 16/01/14 PTI/Business Line

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