JetBlue Appoints Al Spencer, Vice President, Controller

Rhea-AI Summary

JetBlue (NASDAQ: JBLU) has appointed Al Spencer as the new vice president, controller, effective immediately. Spencer will manage the corporate accounting, tax, payroll, and revenue accounting teams, reporting to CFO Ursula Hurley. He previously served as deputy CFO North America at Air Liquide and has experience with Sysco Corp., ExpressJet Airlines, and other companies. Spencer expressed enthusiasm about joining JetBlue, emphasizing the airline's promising future.

Positive

• Al Spencer's extensive finance experience is expected to strengthen JetBlue's finance leadership team.
• Spencer's background in managing complex business issues may benefit JetBlue's operations.

Negative

• Potential concerns about continuity in financial leadership due to the management change.

NEW YORK--(BUSINESS WIRE)-- JetBlue (Nasdaq: JBLU), New York’s Hometown Airline®, today announces the appointment of Al Spencer as the carrier's new vice president, controller. Spencer joins JetBlue today and will oversee the company's corporate accounting, tax, payroll, accounts payable and fraud, and revenue accounting teams. He will report to Ursula Hurley, JetBlue's chief financial officer.

Spencer comes to JetBlue from Paris-based publicly traded gas manufacturer Air Liquide, where he served as deputy CFO North America and Corporate Controller since 2017. Prior to Air Liquide, he was with NCI Building Systems, as assistant controller for five years. He began his career with public accounting firm KPMG, before holding a number of roles in accounting and finance with Sysco Corp., Friedkin Services Group, and ExpressJet Airlines.

"With Al’s extensive accounting and finance experience at a number of public companies, we are very pleased to welcome him to JetBlue’s finance leadership team," said Hurley. "His track record of managing the complex business issues of evolving companies like ours will be a real benefit to JetBlue."

Spencer added: "I'm thrilled to join the JetBlue finance team and look forward to contributing to the success of this incredible travel company. JetBlue’s future is bright and I am excited to work with the team to continue the momentum in the years ahead."

Spencer is a graduate of Florida Atlantic University where he earned his bachelor’s in finance and master’s in accounting.

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 United States, Caribbean and Latin America and London. For more information, visit jetblue.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220511005558/en/

JetBlue Corporate Communications

Tel: +1.718.709.3089

corpcomm@jetblue.com

Source: JetBlue

FAQ

Who is the new vice president and controller at JetBlue?

Al Spencer has been appointed as the new vice president, controller of JetBlue.

What was Al Spencer's previous role before joining JetBlue?

Al Spencer served as deputy CFO North America at Air Liquide before joining JetBlue.

What teams will Al Spencer oversee at JetBlue?

Al Spencer will oversee the corporate accounting, tax, payroll, accounts payable, fraud, and revenue accounting teams.

Who does Al Spencer report to at JetBlue?

Al Spencer will report to Ursula Hurley, JetBlue's chief financial officer.

What qualifications does Al Spencer have?

Al Spencer holds a bachelor's in finance and a master's in accounting from Florida Atlantic University.