(CTN News) – There has been a transition toleadership model at JetBlue Airways Corp. following the departure of Robin Hayes as CEO of the cited the toll of the job’s extraordinary challenges as the reason for his decision to step down.
Announcing the change on Monday, Hayes will be replaced as president and COO by Joanna Geraghty, who is currently the current chief operating officer, effective February 12, 2024.
JetBlue’s CEO, Tom Hayes, recently announced his plans to remain on the board and serve as a strategic advisor to the company in the coming months. Hayes has led JetBlue for nine years.
During the interview, Hayes highlighted Geraghty’s readiness for the role of CEO, emphasizing the important role she has played in steering JetBlue through turbulent times and spearheading new commercial initiatives at the company.
Since Geraghty joined JetBlue in 1997, he has been actively involved in the carrier’s efforts, including the contested bid to acquire Spirit Airlines. Geraghty has been with the carrier for more than 20 years.
Hayes, at the time, contested the position taken by the US Justice Department that the $3.8 billion deal would face opposition from the Justice Department in March 2023.
A departure of Hayes, who joined JetBlue in 2008,
Follows the airline’s legal battles and regulatory challenges in recent years, paving the way for new leadership to take place as the industry continues to face challenges.
As a result of JetBlue’s succession plan, Geraghty is capable of guiding the airline in the right direction, and that gives confidence in Geraghty’s ability to do so.
Despite a broader landscape of changes and challenges in the airline industry, the decision comes at a time when companies are grappling with market dynamics, regulatory scrutiny, and the aftermath of the COVID-19 pandemic, as well as other factors.
It is expected that industry observers will closely monitor Geraghty’s operations as American Airlines navigates its way through ongoing legal matters and positions itself for success in the future in the midst of this significant leadership transition in the aviation industry.