Mumbai: SpiceJet chief financial officer Sam Issac has quit the airline, apparently over differences on operational policy.
He is the second senior executive to quit. A few days earlier, Virender Pal, chief technology officer, had resigned. A media report said Pal was asked to do so. The airline said both of them had expressed a desire to move on. Chief commercial officer V Raja would retire at the end of this month, the airline said.
Issac was reported to have disagreed on the decision to launch discount offers and on involving external consultants for employee appraisal and budget preparation.
R Neelakantan, the CFO in 2010-2013 is returning to this role, after serving as the head of internal audit for the Sun Group (of which SpiceJet is a part) since then. The airlines is also appointing Shilpa Bhatia as senior vice-president of sales and distribution, which Raja was handling. Bhatia was with SpiceJet earlier, from August 2009 until May 2011, when she served as head of corporate sales and sales strategy. Sudhakar Kondisetty has joined as senior VP of information technology, replacing Pal. Fares Azeem Kilpady ioins from AirAsia X as head of revenue management.
Read news in full 05/03/14 Business Standard
No comments:
Post a Comment