0001158463-13-000076.txt : 20131213 0001158463-13-000076.hdr.sgml : 20131213 20131213142532 ACCESSION NUMBER: 0001158463-13-000076 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20131212 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20131213 DATE AS OF CHANGE: 20131213 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JETBLUE AIRWAYS CORP CENTRAL INDEX KEY: 0001158463 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 870617894 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-49728 FILM NUMBER: 131275927 BUSINESS ADDRESS: STREET 1: 27-01 QUEENS PLAZA NORTH CITY: LONG ISLAND CITY STATE: NY ZIP: 11101 BUSINESS PHONE: 7182867900 MAIL ADDRESS: STREET 1: 27-01 QUEENS PLAZA NORTH CITY: LONG ISLAND CITY STATE: NY ZIP: 11101 8-K 1 a8kfiling121313.htm 8-K 8Kfiling121313


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): December 12, 2013
JETBLUE AIRWAYS CORPORATION
(Exact name of registrant as specified in its charter)
Delaware
(State of Other Jurisdiction of Incorporation)

 
 
 
000-49728
(Commission File Number)
 
87-0617894
(I.R.S. Employer Identification No.)
 
 
 
27-01 Queens Plaza North, Long Island City, New York
(Address of principal executive offices)
 
11101
(Zip Code)
(718) 286-7900
(Registrant’s telephone number, including area code)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
 
o
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
 
o
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
 
o
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 





Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

 
On December 12, 2013, JetBlue Airways Corporation (the “Company”) announced that its Board of Directors has appointed Robin Hayes, age 47, as President, effective January 1, 2014. Mr. Hayes currently holds the position of Executive Vice President, Chief Commercial Officer for the airline. Prior to Mr. Hayes’ promotion, JetBlue’s CEO Dave Barger held the roles of both CEO and President. Mr. Hayes joined JetBlue as Chief Commercial Officer in August 2008 after a long career at British Airways, culminating in the position of Executive Vice President for The Americas.  As Chief Commercial Officer at JetBlue, Mr. Hayes has been responsible for the airline’s revenue, network, sales, marketing and communications strategy, as well inflight service and customer support (reservations). In addition to continuing to oversee those commercial activities as President, his responsibilities will expand to include operations.






Mr. Hayes does not have any family relationship with any director or other executive officer of the Company or any person nominated or chosen by the Company to become a director or executive officer, and there are no transactions in which Mr. Hayes has an interest requiring disclosure under Item 404(a) of Regulation S-K.  

David Barger has served as the Company’s President from 1998 to 2007 and since 2009.  Mr. Barger has served as Chief Executive Officer since May 2007 and will continue to serve as Chief Executive Officer.

In connection with the promotion, Mr. Hayes’ base salary will increase to $490,000 and his annual target bonus opportunity will increase to 75% of his base salary, contingent upon achievement of performance goals. Mr. Hayes' target equity will increase to $650,000 of restricted stock units and a long term performance based incentive opportunity of $450,000 in performance stock units (all of which is conditioned upon the achievement of performance goals).  



Item 9.01       Financial Statements and Exhibits.

(d)  Exhibits.
 
Exhibit Number
Description
 
 
Exhibit 99.1
Press release dated December 12, 2013, of JetBlue Airways Corporation announcing appointment of Mr. Hayes as President.
 

SIGNATURES



          Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

  

 
 
JETBLUE AIRWAYS CORPORATION
(Registrant)
 
 
 
Date: December 13, 2013
 
By:
/s/ DONALD DANIELS
 
 
 
Vice President, Controller and Chief Accounting Officer
(principal accounting officer)

 
 
 
 
 
 
 
 
 
 


EXHIBIT INDEX

 

Exhibit Number
Description
 
 
Exhibit 99.1
Press release dated December 12, 2013, of JetBlue Airways Corporation announcing appointment of Mr. Hayes as President.





EX-99.1 2 pressreleaserobinhayes.htm PRESS RELEASE ON ROBIN HAYES PROMOTION TO PRESIDENT Press Release Robin Hayes


JetBlue Names Robin Hayes President
NEW YORK, December 12, 2013 - JetBlue Airways (Nasdaq:JBLU), New York’s Hometown Airline™, today announces the promotion of Robin Hayes to the position of President, effective January 1, 2014.
Mr. Hayes currently holds the position of Executive Vice President-Chief Commercial Officer for the airline. In his new role, Mr. Hayes will oversee a team focused on preserving JetBlue’s unique culture and executing its business plan to expand margins and improve returns by maintaining competitive costs and growing revenue. Prior to Mr. Hayes’ promotion, JetBlue’s CEO Dave Barger held the roles of both CEO and President.
“JetBlue will soon enter its 15th year, very well positioned in an incredibly challenging business,” Mr. Barger said. “Robin’s expertise and global airline experience will help JetBlue continue to strengthen and evolve our business. In addition, Robin’s values are a great match for JetBlue’s enviable culture, which is the foundation of our success.”
Mr. Hayes joined JetBlue as Chief Commercial Officer in August 2008 after a long career at British Airways, culminating in the position of Executive Vice President for The Americas. As Chief Commercial Officer at JetBlue, Mr. Hayes has been responsible for the airline’s revenue, network, sales, marketing and communications strategy, as well inflight service and customer support (reservations).
In addition to continuing to oversee those commercial activities as President, his responsibilities will expand to include operations. Effective January 1, 2014, Rob Maruster, Executive Vice President - Chief Operating Officer, will report to Mr. Hayes.
“I am honored to serve JetBlue’s crewmembers, customers and investors in this role,” Mr. Hayes said. “My focus will be to ensure JetBlue grows profitably and sustainably by disrupting the industry and remaining true to our mission to inspire humanity. As a challenger brand in an otherwise commodity business, what differentiates JetBlue is our values-driven culture with crewmembers for whom service is part of their DNA.”
Mr. Hayes is a graduate in Electrical and Electronic Engineering from the University of Bath in the United Kingdom. He received a BSc and Masters in Engineering from the university.

About JetBlue Airways
As New York's Hometown Airline™ and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles/Long Beach, Orlando and San Juan, JetBlue carries approximately 30 million customers a year to 82 cities in the U.S., Caribbean and Latin America with an average of 750 daily flights. With JetBlue, all seats are assigned, all fares are one-way, and an overnight stay is never required. Upcoming destinations include Detroit, Mich. and Savannah, Ga. as well as Port of Spain, Trinidad and Tobago, subject to receipt of government operating authority. For more information please visit jetblue.com.

Media Contacts
JetBlue
Tel: +1-718-709-3089
corpcomm@jetblue.com

Reservations Contact
Tel: +1-800-JETBLUE