JetBlue CFO Ed Barnes Resigns
Treasurer Mark Powers Fills Interim Role
JetBlue Airways CFO Ed Barnes resigned, the company announced late Tuesday.
Mark Powers, JetBlue's treasurer, will serve as interim CFO as the company seeks a replacement.
Barnes joined the New York-based low-cost airline in 2006 as vice president of cost management and financial analysis before his CFO appointment in 2008.
No reason was stated for his departure, but New York-based JetBlue's president and CEO Dave Barger said in the statement that the company had benefited from a stronger financial discipline under Barnes' leadership.
A JetBlue spokesperson said Barnes was leaving on good terms to pursue other interests, and the decision didn't come as a surprise to the CEO, according to an Associated Press report.
JetBlue shares fell 2 percent in early trading to $4.53. They have lost 31 percent in 2011.
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