Who: Jet Airways’ CEO Cramer Ball
When: 17 December 2015
Jet Airways on 17 December 2015 announced that its Chief Executive Officer (CEO) Cramer Ball has resigned from the post with effect from 29 February 2016.
Jet’s director Gaurang Shetty will be the acting CEO of the airline.
Ball was appointed as Jet’s CEO in May 2014 when the airline was witnessing an exodus of top management after the airline sold 24 percent stake to Abu Dhabi’s Etihad in 2013.
On the other hand, loss-making Italian airline Alitalia on 17 December 2015 announced that it had appointed Ball as its new CEO.
About Cramer Ball
• Aviation industry turnaround expert, Cramer Ball has spent more than 20 years in the industry.
• As CEO of Jet Airways, he helped bring the airlines back on track to profitability.
• Prior to joining Jet Airways, he worked as the CEO of Air Seychelles.
• Prior to joining Air Seychelles, Ball was a regional general manager for the Abu Dhabi-based carrier.