JetBlue Names Melinda Maher Vice President, Financial Planning & Analysis and Structural Cost

Rhea-AI Summary

JetBlue (NASDAQ: JBLU) has appointed Melinda Maher as Vice President of Financial Planning & Analysis and Structural Cost. Reporting to CFO Ursula Hurley, Maher will leverage her extensive finance background from Amazon and Alaska Airlines to enhance JetBlue's financial strategy and cost structure. Her role focuses on long-range planning, budgeting, and driving margin expansion, with an emphasis on efficiency and effectiveness. Maher's experience includes equity research on Wall Street, and she holds degrees from Embry-Riddle and Babson University.

Positive

• Appointment of Melinda Maher, enhancing leadership in financial strategy.
• Maher's extensive experience in finance, beneficial for cost structure improvement.
• Focus on long-term financial planning and margin expansion.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- JetBlue (NASDAQ: JBLU) today announced the appointment of Melinda Maher as the airline’s new vice president, financial planning & analysis and structural cost. She will report to Ursula Hurley, JetBlue’s chief financial officer.

Melinda Maher, Vice President, Financial Planning & Analysis and Structural Cost, JetBlue. Photo courtesy of JetBlue.

Maher comes to JetBlue from Amazon, where she has served as a senior finance manager within Amazon Transportation Services since 2020. She previously served as a director in financial planning & analysis at Alaska Airlines for four years for both corporate and operational functions. Earlier in her career from 2013-2016 she was a manager of financial planning & analysis at JetBlue. She also brings with her professional experience working on Wall Street in transportation equity research for both UBS and Barclays Capital.

Maher will lead JetBlue’s long-range financial planning, forecasting and budgeting to deliver maximum benefit for its customers, crewmembers and owners. She’ll also lead efforts to strengthen JetBlue’s cost structure for the long term through improved efficiencies and process effectiveness to help drive margin expansion beyond pre-pandemic levels.

“At JetBlue we’re deeply committed to setting our company up for long term success by having a competitive and sustainable cost structure,” said Hurley. “Melinda and her impressive finance experience both in and outside of our industry will be a significant asset to our work in this key foundational area for JetBlue,” said Hurley.

“I’m so honored to step in to lead the FP&A and structural cost teams as the company continues to expand and diversify,” said Maher. “JetBlue has an incredible brand, great people, and many competitive advantages that will help us continue to win over the long term.”

Maher is a graduate of Embry-Riddle Aeronautical University and earned her MBA from Babson University. She is also a licensed commercial pilot and flight dispatcher.

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 to more than 100 cities throughout the United States, Latin America, Caribbean, Canada, and United Kingdom. For more information and the best fares, visit jetblue.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220718005802/en/

JetBlue Corporate Communications

Tel: +1-718-709-3089

corpcomm@jetblue.com

Source: JetBlue

FAQ

Who is the new VP of Financial Planning at JetBlue?

Melinda Maher has been appointed as the new Vice President of Financial Planning & Analysis and Structural Cost at JetBlue.

What is Melinda Maher's previous experience before joining JetBlue?

Before joining JetBlue, Melinda Maher was a senior finance manager at Amazon Transportation Services and previously worked at Alaska Airlines.

What are Melinda Maher's responsibilities at JetBlue?

Maher will lead long-range financial planning, forecasting, budgeting, and efforts to improve JetBlue's cost structure.

Under whom will Melinda Maher report at JetBlue?

Melinda Maher will report to Ursula Hurley, JetBlue's Chief Financial Officer.

What educational background does Melinda Maher have?

Melinda Maher graduated from Embry-Riddle Aeronautical University and earned her MBA from Babson University.