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Jetblue CFO Barnes just resigned

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Wanted to get out of NYC before it starts snowing, moveing to FL and has a T-time at 8a.m tomorrow morning. Thats what I would have done if I had a golden parachute to fall back on.
 
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  • Tuesday, October 18, 2011 ET
JetBlue CFO Resigns Suddenly


By Avi Salzman

JetBlue (JBLU) CFO Ed Barnes has resigned, the company announced after the market closed on Tuesday. The airline’s shares dropped 2.4% in after-hours trading after rising 4% during the day.
The company did not explain why Barnes, who has served as CFO since 2008, is resigning. JetBlue announced that Treasurer Mark Powers will replace him on an interim basis.
“Under Ed’s leadership, our company has benefitted from a stronger financial discipline, allowing us to plan a sustainable growth strategy,” said CEO Dave Barger. “The financial team Ed built will continue to serve JetBlue well, and we wish him well in his future endeavors.”







....that's all I've seen...anybody got the real scoop?
 
Question is what is going to happen tomorrow? Lots of "other news" coming.
 
B6/AA merger.
 
All the chatter picked up is very interesting. It is what it is. Hang on men.
 
Impossible: aa/b6. Dave was on the Jumpseat and said no way. However he did say he had a meeting set up with vx CEO on oct 8th. They called him and he had no idea why. But he said no way to aa, f9, vx, and spirt. impossible. And I'm sure he would have told me otherwise (it's not like it's illegal or anything)
 
$$$4nothin said:
Oh come on. No one likes an a$$hole. At least give us date of hire. :)

Nothing beats a good rumor when you are bored out of your mind on reserve in a crash pad
Click to expand...


hahaha. I have lots of friends @ JB. I bet nothing happens tomorrow, next wee, next month. Who wants to merge w/ AMR, the biggest loser.
 
The funny thing is all the guys at JB who bet their future on the relationship with friendly management. I guess they never considered those guys could leave!!

(even though we tried to tell them)
 
thruthemurk said:
The funny thing is all the guys at JB who bet their future on the relationship with friendly management. I guess they never considered those guys could leave!!

(even though we tried to tell them)
Click to expand...


Ha, Good point!!!
 
82spukram said:
Impossible: aa/b6....However he did say he had a meeting set up with vx CEO on oct 8th....impossible. And I'm sure he would have told me otherwise (it's not like it's illegal or anything)
Click to expand...

You are an innocent.

1. Nothing is impossible.
2. Meeting with VX? Why?
3. Told you? Yeah, you two are big drinking buddies. That's why you refer to your CEO as "Dave."
4. Illegal? Have you ever heard of insider trading? It certainly IS illegal. Therefore, he wouldn't have told you unless he has a boyfriend in Attica.
 
Fubijaakr said:
You are an innocent.

1. Nothing is impossible.
2. Meeting with VX? Why?
3. Told you? Yeah, you two are big drinking buddies. That's why you refer to your CEO as "Dave."
4. Illegal? Have you ever heard of insider trading? It certainly IS illegal. Therefore, he wouldn't have told you unless he has a boyfriend in Attica.
Click to expand...

Im pretty sure you missed the internet sarcasm.
 

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