JetBlue Airways Corp. Announces Board and Officer Changes

TL;DR

JetBlue shakes up its board and exec team, effective July 19th.

AI Summary

On July 19, 2024, JetBlue Airways Corp. announced changes to its Board of Directors, including the election of new directors and the appointment of certain officers. The company also disclosed compensatory arrangements for its named executive officers. These changes are effective as of July 19, 2024.

Why It Matters

Changes in a company's board of directors and executive officers can signal shifts in strategy, governance, or operational focus, potentially impacting future performance and investor confidence.

Risk Assessment

Risk Level: medium — Board and executive changes can introduce uncertainty regarding future strategy and leadership effectiveness.

Key Players & Entities

• JetBlue Airways Corp. (company) — Registrant
• July 19, 2024 (date) — Effective date of changes

FAQ

From the Filing

0001158463-24-000017.txt : 20240723 0001158463-24-000017.hdr.sgml : 20240723 20240723172336 ACCESSION NUMBER: 0001158463-24-000017 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20240719 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240723 DATE AS OF CHANGE: 20240723 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JETBLUE AIRWAYS CORP CENTRAL INDEX KEY: 0001158463 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 870617894 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-49728 FILM NUMBER: 241135509 BUSINESS ADDRESS: STREET 1: 27-01 QUEENS PLAZA NORTH CITY: LONG ISLAND CITY STATE: NY ZIP: 11101 BUSINESS PHONE: 7182867900 MAIL ADDRESS: STREET 1: 27-01 QUEENS PLAZA NORTH CITY: LONG ISLAND CITY STATE: NY ZIP: 11101 8-K 1 jblu-20240719.htm 8-K jblu-20240719 false 0001158463 0001158463 2024-07-19 2024-07-19 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): July 19, 2024 JETBLUE AIRWAYS CORP ORATION (Exact name of registrant as specified in its charter)   Delaware 000-49728 87-0617894 (State or other jurisdiction of incorporation)  (Commission File Number) (I.R.S. Employer Identification No.) 27-01 Queens Plaza North Long Island City New York 11101 (Address of principal executive offices)   (Zip Code) ( 718 ) 286-7900 (Registrant’s telephone number, including area code) N/A (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common Stock, $0.01 par value JBLU The NASDAQ Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On July 23, 2024, JetBlue Airways Corporation (“JetBlue” or the “Company”) announced that Brandon Nelson, who joined JetBlue in 2005 and has served as the Company's General Counsel and Corporate Secretary since 2018, will depart from these positions with the Company, effective August 5, 2024 (the “Transition Date”). The Company thanks Mr. Nelson for his many years of service and leadership. Mr. Nelson will be succeeded by Eileen McCarthy, who previously spent 14 years in various positions at JetBlue, most recently as Vice President, Assoc