Sanjiv Kapoor
Jet Airways' CEO-designate Sanjiv Kapoor quits a year after joining
New Delhi/IBNS: Jet Airways CEO-designate Sanjiv Kapoor quit the company Friday just a year after joining the grounded carrier.
Kapoor joined Jet Airways in April last year.
The consortium that is working to revive the airline said in a statement that it will oversee the responsibilities of the CEO-designate until a suitable replacement is found.
The Jet Airways management committee in January asked Kapoor not to use the title of CEO till the airline's ownership was completely transferred to a consortium of lenders.
He continued as CEO-designate till he quit the airline.
Monday will be his last working day, Jalan Kalrock Consortium (JKC) said in the statement released Friday.
In October 2020, the airline's committee of creditors approved a revival plan made by a consortium of Dubai-based Murari Lal Jalan and Britain's Kalrock Capital, now called JKC.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
