JetBlue has appointed 17-year company veteran Ursula Hurley as Chief Financial Officer. Ms. Hurley has served as the airline’s acting CFO since June 2021. Additionally, JetBlue’s CEO Robin Hayes has agreed to a contract extension through September 1st, 2023.
On Tuesday (September 7, 2021), JetBlue announced that Ursula Hurley has been appointed Chief Financial Officer effective immediately. The 17-year company veteran has been serving as acting CFO since June 2021 and she will continue reporting directly to company CEO, Robin Hayes. In her new role, Hurley will be responsible for JetBlue’s overall financial strategy including accounting, audit aircraft and engine transactions, cash management, corporate finance, fuel and taxes. She will also oversee JetBlue’s real estate and strategic sourcing units.
In Tuesday’s announcement, JetBlue’s Chief Executive Officer, Robin Hayes, said,
“Ursula has done an incredible job leading us through the pandemic. With a steady hand, she’s raised capital to allow us to weather the challenges and proven to be focused on helping us manage our cost structure. As we emerge from the pandemic, her continued leadership in managing costs will be fundamental to her role.”
Also commenting on her new role, JetBlue’s Chief Financial Officer, Ursula Hurley, added,
“I’m so excited to continue to work closely with both the senior leadership team and our incredible finance team to support JetBlue’s recovery. Together we’re committed to rebuilding margins, maintaining our focus on costs, and repairing our balance sheet to help us continue to thrive.”
Before her appointment as acting CFO, Ursula Hurley was Head of Treasury and Investor Relations for JetBlue where she was responsible for managing the company’s $13 billion balance sheet comprised of corporate and aircraft finance, cash management and investments, fleet management, fuel purchasing and hedging, fleet strategy and programs, strategic sourcing and investor relationship management. Hurley also serves as the President of the JetBlue Foundation and sits on the Advisory Board of the Fairfield University Dolan School of Business.
JetBlue further announced on Tuesday (September 7, 2021), that company CEO Robin Hayes has agreed to extend his employment contract until September 1st, 2023.
Speaking on the contract extension, JetBlue’s Chairman of the Board, Peter Boneparth, said,
“Robin has successfully led JetBlue through the most challenging period in aviation history. We are pleased he has chosen to extend his contract and help JetBlue continue to execute on its long-term strategy delivering benefits to customers, crewmembers and shareholders.”
JetBlue is ‘New York’s Hometown Airline® and a leading carrier in Boston (BOS), Fort Lauderdale (FLL), Los Angeles (LAX), Orlando (MCO) and San Juan (SJU). The airline carries guests to destinations across the U.S., Caribbean and Latin America. JetBlue launched new trans-Atlantic service between JFK and London on August 11, 2021. JetBlue Airways Corporation trades on the NASDAQ under the ticker symbol JBLU.
Source: JetBlue/BusinessWire