JetBlue Names Ursula Hurley Chief Financial Officer
September 07 2021 - 5:12PM
Business Wire
— Acting CFO and 17-year JetBlue veteran
promoted to lead finance strategy —
JetBlue (NASDAQ: JBLU) today announced the appointment of Ursula
Hurley to Chief Financial Officer, effective immediately. Hurley, a
17-year veteran of the airline, has served as acting CFO since June
2021.
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Ursula Hurley, Chief Financial Officer,
JetBlue (Photo: Business Wire)
As CFO, Hurley will be responsible for JetBlue’s overall
financial strategy including accounting, audit, aircraft and engine
transactions, cash management, corporate finance, fuel, and tax.
She will also oversee the company’s real estate and strategic
sourcing units and will continue reporting to Robin Hayes,
JetBlue’s chief executive.
“Ursula has done an incredible job leading us through the
pandemic,” said Hayes. “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.”
“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,” said Hurley. “Together we’re committed to
rebuilding margins, maintaining our focus on costs, and repairing
our balance sheet to help us continue to thrive.”
Prior to being appointed acting CFO, Ursula was head of treasury
and investor relations for JetBlue, managing the company’s $13
billion balance sheet, comprising corporate and aircraft finance;
cash management and investments; fleet management; fuel purchasing
and hedging; fleet strategy and programs, strategic sourcing and
managing JetBlue’s relationships with the investor community.
Throughout her 17-year career in the airline industry, she has
also held various roles in financial reporting; financial planning
and analysis; and investor relations.
Hurley is president of the JetBlue Foundation whose mission is
to promote diversity in STEM education and create career paths for
the next generation in aviation. She also sits on the Fairfield
University Dolan School of Business Advisory Board. Hurley holds a
bachelor’s degree in business management from Fairfield University
and an MBA from Columbia University.
Hayes to remain in position into September 2023
In addition, JetBlue announced that Chief Executive Officer
Robin Hayes has agreed to extend the term of his employment
contract to September 1, 2023.
“Robin has successfully led JetBlue through the most challenging
period in aviation history,” said Peter Boneparth, chair of
JetBlue’s board of directors. “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.”
About JetBlue Airways
JetBlue is New York's Hometown Airline®, and a leading carrier
in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando and San
Juan. JetBlue carries customers across the U.S., Caribbean and
Latin America, and between New York and London. For more
information, visit jetblue.com.
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JetBlue Corporate Communications Tel: +1.718.709.3089
corpcomm@jetblue.com
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