JetBlue Airways Management

Management criteria checks 2/4

JetBlue Airways' CEO is Joanna Geraghty, appointed in Feb 2024, has a tenure of less than a year. total yearly compensation is $8.99M, comprised of 7.2% salary and 92.8% bonuses, including company stock and options. directly owns 0.089% of the company’s shares, worth €1.63M. The average tenure of the management team and the board of directors is 3 years and 4.7 years respectively.

Key information

Joanna Geraghty

Chief executive officer

US$9.0m

Total compensation

CEO salary percentage	7.2%
CEO tenure	less than a year
CEO ownership	0.09%
Management average tenure	3yrs
Board average tenure	4.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Joanna Geraghty's remuneration changed compared to JetBlue Airways's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-US$834m
Dec 31 2023	US$9m	US$648k	-US$310m
Sep 30 2023	n/a	n/a	-US$183m
Jun 30 2023	n/a	n/a	US$27m
Mar 31 2023	n/a	n/a	-US$299m
Dec 31 2022	US$2m	US$620k	-US$362m
Sep 30 2022	n/a	n/a	-US$515m
Jun 30 2022	n/a	n/a	-US$442m
Mar 31 2022	n/a	n/a	-US$190m
Dec 31 2021	US$2m	US$537k	-US$182m
Sep 30 2021	n/a	n/a	-US$426m
Jun 30 2021	n/a	n/a	-US$949m
Mar 31 2021	n/a	n/a	-US$1b
Dec 31 2020	US$1m	US$393k	-US$1b
Sep 30 2020	n/a	n/a	-US$820m
Jun 30 2020	n/a	n/a	-US$240m
Mar 31 2020	n/a	n/a	US$259m
Dec 31 2019	US$2m	US$536k	US$569m
Sep 30 2019	n/a	n/a	US$578m
Jun 30 2019	n/a	n/a	US$441m
Mar 31 2019	n/a	n/a	US$141m
Dec 31 2018	US$2m	US$470k	US$189m

Compensation vs Market: Joanna's total compensation ($USD8.99M) is above average for companies of similar size in the German market ($USD1.63M).

Compensation vs Earnings: Joanna's compensation has increased whilst the company is unprofitable.

CEO

Joanna Geraghty (49 yo)

less than a year

Tenure

US$8,993,997

Compensation

Ms. Joanna L. Geraghty serves as an Independent Director of L3Harris Technologies, Inc. since May 9, 2022. She has been Chief Executive Officer of JetBlue Airways Corporation since February 12, 2024 and it...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Joanna Geraghty	CEO & Director	less than a year	US$8.99m	0.089% $ 1.6m
Ursula Hurley	Chief Financial Officer	2.9yrs	US$6.44m	0.016% $ 296.7k
Carol Clements	Chief Digital & Technology Officer	3.1yrs	US$2.72m	0.014% $ 262.2k
Brandon Nelson	General Counsel & Corporate Secretary	5.9yrs	US$4.91m	0.017% $ 312.1k
Martin St. George	President	less than a year	US$1.64m	0.010% $ 188.6k
Warren Christie	Chief Operating Officer	less than a year	no data	0.024% $ 446.4k
Dawn Southerton	VP, Controller & Principal Accounting Officer	less than a year	no data	no data
Koosh Patel	Director of Investor Relations	no data	no data	no data
Thomas Howell	Vice President of Safety & Regulatory Compliance	3.3yrs	no data	no data
Doug McGraw	Chief Communications Officer	6.2yrs	no data	no data
Jayne O'Brien	Head of Marketing & Customer Support	3.3yrs	no data	no data
Jonathan Weiner	Vice President of Sales & Revenue Management	no data	no data	no data

3.0yrs

Average Tenure

49yo

Average Age

Experienced Management: JAW's management team is considered experienced (3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Basil Baldanza	Independent Director	5.8yrs	US$271.65k	0% $ 0
Peter Boneparth	Independent Chairman	15.4yrs	US$349.62k	0.012% $ 217.0k
Monte Ford	Independent Director	3.3yrs	US$237.58k	0.0074% $ 136.2k
Robert Leduc	Independent Director	4yrs	US$250.87k	0.0041% $ 75.5k
Ellen Jewett	Independent Director	12.8yrs	US$271.09k	0.011% $ 208.2k
Teri McClure	Independent Director	4.8yrs	US$249.99k	0.00015% $ 2.7k
Thomas Winkelmann	Independent Director	11yrs	US$257.67k	0.0039% $ 72.0k
Sarah O'Hagan	Independent Director	5.8yrs	US$231.48k	0.0074% $ 136.2k
Jesse Lynn	Board Observer	less than a year	no data	no data
Vivek Sharma	Independent Director	4.5yrs	US$244.33k	0.0074% $ 136.2k
Steven Miller	Board Observer	less than a year	no data	no data
Nik Mittal	Independent Director	1.8yrs	US$249.44k	0.0048% $ 88.5k

4.7yrs

Average Tenure

60.5yo

Average Age

Experienced Board: JAW's board of directors are considered experienced (4.7 years average tenure).

JetBlue Airways Management

Management criteria checks 2/4

Key information

Recent management updates

JetBlue Announces Leadership Appointments

JetBlue Airways Corporation, Annual General Meeting, May 17, 2024

JetBlue Appoints Marty St. George as President, Effective February 26, 2024

Insufficient new directors

JetBlue Airways Announces CEO Changes

Jetblue Airways Corporation Appoints Dawn Southerton as Vice President Controller and Principal Accounting Officer

Recent updates

JetBlue Elevates Seamless Living in the Sky with Blueprint by JetBlue™: A Personalized Inflight Experience

First quarter 2024 earnings released: US$2.11 loss per share (vs US$0.59 loss in 1Q 2023)

Jetblue Airways Corporation Provides Operating and Revenue Guidance for the Second Quarter and Full Year of 2024

JetBlue Announces Leadership Appointments

JetBlue Expands Transatlantic Service to Paris with Launch of Daily Nonstop Flight from Boston

JetBlue Airways Corporation, Annual General Meeting, May 17, 2024

Icahn Capital Enters into Agreement with JetBlue Airways

Icahn Capital LP Engages in Discussions with JetBlue Airways

JetBlue Appoints Marty St. George as President, Effective February 26, 2024

Insufficient new directors

Full year 2023 earnings released: US$0.93 loss per share (vs US$1.12 loss in FY 2022)

JetBlue Airways Corporation Provides Operating and Revenue Guidance for the First Quarter and Full Year of 2024

JetBlue Airways Announces CEO Changes

Jetblue Expands Mexico Service with Flights from New York to Tulum on Sale

Jetblue Airways Corporation Appoints Dawn Southerton as Vice President Controller and Principal Accounting Officer

JetBlue Launches Service Between New York's John F. Kennedy International Airport and Philip S. W. Goldson International Airport

JetBlue Airways Corporation Announces Resignation of Al Spencer as Vice President, Controller and Principal Accounting Officer, Effective as of December 1, 2023

JetBlue Airways Corporation Provides Earnings Outlook for the Fourth Quarter and Full-Year 2023

New major risk - Financial position

Third quarter 2023 earnings released: US$0.46 loss per share (vs US$0.18 profit in 3Q 2022)

JetBlue Airways Corporation Announces Seasonal Flights to Dublin and Edinburgh

JetBlue Expands its Amsterdam Service with New Nonstop Flights Between Boston Logan International Airport and Amsterdam Airport Schiphol

JetBlue Announces New Service Between New York's John F. Kennedy International Airport and Amsterdam Airport Schiphol

New minor risk - Share price stability

Jetblue Airways Corporation Provides Earnings Outlook for the Third Quarter and Full-Year 2023

Second quarter 2023 earnings released: EPS: US$0.42 (vs US$0.58 loss in 2Q 2022)

JetBlue Expands the Airline's Service

JetBlue Airways Corporation(NasdaqGS:JBLU) dropped from Russell 1000 Dynamic Index

Jetblue Announces Its New Standard Livery Featuring A Bold and All-Blue Design Emblematic of Its Role as an Innovative, Industry-Disrupting Brand That Customers Love and Trust for Travel

First quarter 2023 earnings released: US$0.59 loss per share (vs US$0.80 loss in 1Q 2022)

Full year 2022 earnings released: US$1.12 loss per share (vs US$0.57 loss in FY 2021)

Jetblue Airways Corporation Provides Financial Guidance for the First Quarter and Full Year 2023

Full year 2022 earnings released: US$1.12 loss per share (vs US$0.57 loss in FY 2021)

Now 21% undervalued

JetBlue Announces New Routes – Many Made Possible Through the Northeast Alliance – All Out for Sale Starting Today

Third quarter 2022 earnings released: EPS: US$0.18 (vs US$0.41 in 3Q 2021)

Jetblue Airways Corporation Provides Operating Guidance for the Fourth Quarter and Year 2022

JetBlue Airways Corporation Appoints Nik Mittal to Board of Directors

JetBlue Airways Corporation Expands Transatlantic Service with Highly Anticipated First Flight from Boston Landing At London Gatwick

Second quarter 2022 earnings released: US$0.58 loss per share (vs US$0.20 profit in 2Q 2021)

JetBlue Airways Corporation Announces Transatlantic Service Soars with Permanent Heathrow Slots, Added Gatwick Flying and Even More Speed at U.K. Airports

JetBlue Airways Corporation Begins Summer Seasonal Service to Asheville from Boston

JetBlue Launches Service to Canada with First Flight Landing in Vancouver

JetBlue Provides Sales Guidance for the Year 2023

JetBlue Airways Corporation (NasdaqGS:JBLU) proposed to acquire Spirit Airlines, Inc. (NYSE:SAVE) for $3.3 billion.

JetBlue Appoints Al Spencer, Vice President, Controller

First quarter 2022 earnings released: US$0.80 loss per share (vs US$0.78 loss in 1Q 2021)

JetBlue Airways Corporation Provides Operating and Revenue Guidance for the Second Quarter and Provides Operating Guidance for the Full Year of 2022

JetBlue Airways Corporation Announces Principal Officer Changes

JetBlue Airways Corporation (NasdaqGS:JBLU) has submitted a proposal to acquire Spirit Airlines, Inc. (NYSE:SAVE) for $3.6 billion.

Jetblue’S Sky-High Transatlantic Experience and Down-To-Earth Fares Arrive in Boston with Flights to Both London Gatwick and London Heathrow

JetBlue Further Expands to Midwest with Daily Nonstop Service to Milwaukee from Boston and New York

JetBlue Airways Announces Nonstop Flights from New York's JFK to Puerto Vallarta

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

JetBlue Airways Corporation Provides Earnings Guidance for the First Quarter and Second Quarter of 2022

Third quarter 2021 earnings released: EPS US$0.41 (vs US$1.44 loss in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.20 (vs US$1.18 loss in 2Q 2020)

JetBlue Airways Brings iPad Pro on Board for Pilots Starting This Summer

JetBlue Flies West to Idaho with Only Nonstop Service Between Boise and the Northeast

JetBlue Officially Launches Service at San José Del Cabo’s Los Cabos International Airport

Chief Financial Officer Stephen Priest has left the company

Chief Financial Officer recently sold €130k worth of stock

JetBlue’s First Airbus A220-300 Featuring Incredible Comfort, Lower Operating Costs and Superior Performance Enters Scheduled Service

JetBlue and CommonPass Begins Launch of Digital Health Pass with Boston Customers Bound for Aruba

JetBlue Grows Again in Connecticut and South Florida with New Service Between Hartford’s Bradley International Airport and Miami International Airport Starting June 24, 2021

JetBlue Airways Corporation announced delayed annual 10-K filing

JetBlue Launches First Phase of Codeshare with American Airlines, Adding New Routes and Destinations

New 90-day high: €13.70

JetBlue Announces Start of New Service in Miami and Key West, Fla