lowecur
Well-known member
- Joined
- Sep 14, 2003
- Posts
- 2,317
This may have sealed his fate that he has no idea how to manage a maturing company.
After years of mediocre profits that were the fault of poor revenue mgt and bad route planning, this latest snafu only further emphasizes his mgt shortcomings. The BOD will look long and hard at punching his ticket in the next few weeks. I think they wanted to give him until the 2nd or 3rd Q to rectify his reputation, but it may be easier to show him the door while their blood is still boiling. His mgt team has lost some good people lately due to his micro-management style, and it's my guess they won't rally behind him if brought on the carpet.
I hope this fast tracks a private equity buyout in the next few months. Jetblue needs a cash infusion.
imp:
http://www.wilmingtonstar.com/apps/pbcs.dll/article?AID=/20070219/ZNYT01/702190395/1002/business
After years of mediocre profits that were the fault of poor revenue mgt and bad route planning, this latest snafu only further emphasizes his mgt shortcomings. The BOD will look long and hard at punching his ticket in the next few weeks. I think they wanted to give him until the 2nd or 3rd Q to rectify his reputation, but it may be easier to show him the door while their blood is still boiling. His mgt team has lost some good people lately due to his micro-management style, and it's my guess they won't rally behind him if brought on the carpet.
I hope this fast tracks a private equity buyout in the next few months. Jetblue needs a cash infusion.
http://www.wilmingtonstar.com/apps/pbcs.dll/article?AID=/20070219/ZNYT01/702190395/1002/business