JetBlue Announces Board Changes

JetBlue (NASDAQ: JBLU) today announced that two members of its board of directors, Jesse Lynn and Steven Miller, will be departing the board. The departures, which are effective immediately, are according to the terms of the agreement with Icahn Enterprises L.P. disclosed in 2024, which requires a minimum beneficial ownership of the company’s outstanding shares to maintain representation on the board.

“We appreciate the constructive contributions of Jesse and Steven as we established and began to execute our JetForward strategy,” said Joanna Geraghty, chief executive officer, JetBlue. “Two years into JetForward, we’re encouraged by the progress we’re making and the results we’re driving across the business, and we have demonstrated our confidence in our value creation opportunity through our 2028 EPS target.”