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After Amit Agarwal, Jet Airways CEO Vinay Dube quits

Mumbai | Jet Airways on Tuesday said its CEO Vinay Dube has resigned from the company due to personal reasons.

This is the second high profile exit in as many days at the grounded Jet Airways after Deputy CEO Amit Agarwal put in his papers on Monday.

In a filing to stock exchanges, the airline said Dube has “resigned from the services of the company with immediate effect due to personal reasons”.

Earlier Jet Airways chief financial officer and deputy CEO Amit Agarwal has resigned from his positions at the airline. A statement was released today by the company. The airline said that Agarwal resigned due to personal reasons and his resignation is with effect from yesterday.  Amit Agarwal joined the airline in December 2015. Considered close to founder Naresh Goyal, Agarwal was responsible for all financial and fiscal management aspects of the company’s business. Prior to Jet Airways, Agarwal held various other leadership roles at Arcelor Mittal and Essar Steel.  Cash-strapped Jet Airways, which stopped its operations on 17 April due to an acute cash crunch, has seen a slew of top executives and board members leave the airline in the past few months.

In April, former chief election commissioner Nasim Zaidi quit his position as non-executive and non-independent director on the airline’s board citing ‘personal reasons’ and ‘time constraints’. Independent director Rajshree Pathy had also quit the board of the airline in April, weeks after founder Naresh Goyal and his wife Anita Goyal quit the airline’s board.

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