JetBlue Replaces Neeleman as CEO, Promotes Barger

Thursday, 10 May 2007 | 9:16 AM ET

Low-fare airline JetBlue Airways appointed president Dave Barger as its new chief executive, effective immediately.

Neelman Out as JetBlue CEO
JetBlue founder David Neeleman is stepping down as CEO, and he is being replaced by president Dave Barger. Phil LeBeau, CNBC airline industry reporter, has the story.

Barger, 49, will replace David Neeleman, JetBlue's founder and chief executive since 1998.

Barger will retain his role as president, while Neeleman will be non-executive chairman of the board focusing on JetBlue's long-term vision and strategy.

Neeleman characterized the change as "a natural evolution" of the carrier's leadership structure.

Barger joined JetBlue as president and chief operating officer shortly after Neeleman founded the airline in 1998.

JetBlue operates more than 575 flights daily to 52 destinations.

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