Mumbai, Dec 18: Jet Airways chief executive officer Cramer Ball has resigned and the airline’s whole-time director Gaurang Shetty will work as acting CEO in his place, Jet Airways announced.
Ball’s resignation will be effective from February 29 next year, it said. Jet Airways had appointed Ball as its CEO in May last year. Ball has quit the airline to pursue a new opportunity, in Europe for family reasons, it said. Cramer has, during his tenure, made a significant contribution in the journey to turn around Jet Airways. The company recorded two consecutive profitable quarters after a gap of eight years, Jet Airways Chairman Naresh Goyal said in a release.
Shetty, will now lead the operating committee in managing the day-to-day operations of the company under the supervision and control of the Board of Directors chaired by Goyal.
