David Barger

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David Barger
Dave Barger profile 2010.JPG
Barger in 2010
Born
David J. Barger

1958 (age 65–66)
Southfield, Michigan, US
Alma mater University of Michigan [1]
Occupation(s)Former president and CEO of JetBlue
Successor Robin Hayes

David J. Barger (born 1958) is an American businessman, and one of the co-founders of JetBlue. He was the airline's chief executive officer (CEO) until his ouster in February 2015. [2] He had been part of JetBlue's founding team and was on the board of directors. [3] Barger is now an operating partner at Connor Capital SB. [4]

Career

Barger's interest in airlines came from his father, who was a United Airlines pilot for 37 years. [3] From 1982 to 1988, Barger served in a number of positions with New York Air, such as the Director of Stations. [2] In 1992, he joined with Continental Airlines and held various management positions, including vice president of Continental's Newark Liberty International Airport hub.

Barger was one of the first employees of JetBlue Airways in 1998, and served as the chief operating officer until March 2007. Following a February 2007 incident in which the airline was forced to cancel nearly 1,700 flights due to winter storms, JetBlue's board of directors replaced founder and Chief Executive Officer David Neeleman with Barger. [5] He had politicked the board, while Neeleman was busy publicly apologizing. Barger's ascendancy caused widespread demoralization in the ranks. [6] He became JetBlue's new Chief Executive Officer on May 10, 2007. [7] Neeleman, the company's founder and largest individual investor, became a nonexecutive chairman as a result of the change. [8] On June 1, 2009, Barger became the president of JetBlue. [2]

On September 18, 2014, Barger announced his resignation from the company effective February 16, 2015, following several reports that investors and the board were unhappy with the lagging stock price and Barger's performance. [9] [10] [11] He was replaced on the board and as CEO by Robin Hayes. [12] The stock price increased rapidly after Barger's removal was announced. [13]

Barger has been a non-executive director of AIM Aviation Ltd since February 2014. He has been a director of gategroup Holding AG since April 2015, and is a director at The Partnership for New York City, Inc. He is a member of the board of governors at International Air Transport Association (IATA). [14] He joined the boards of Kaiser Foundation Hospitals and Kaiser Foundation Health Plan, Inc. in May 2017, and is a member of the Governance, Accountability and Nominating Committee, and the finance committee. [15]

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References

  1. ↑ "David Barger biography". JetBlue Airways . Archived from the original on 19 October 2006. Retrieved 9 October 2010.
  2. 1 2 3 "David Barger: Executive Profile & Biography". Bloomberg Businessweek . Archived from the original on January 18, 2013. Retrieved 9 October 2010.
  3. 1 2 Meeks, Karen (12 February 2010). "JetBlue CEO David Barger reflects on 10 years". Press-Telegram . Long Beach, California. Archived from the original on 14 March 2010. Retrieved 12 October 2010.
  4. ↑ "Connor Capital SB – Dave Barger". Connor Capital SB. Retrieved 2019-07-03.
  5. ↑ "A Change in the Cockpit at JetBlue". Bloomberg Businessweek . 10 May 2007. Retrieved 12 October 2010.[ dead link ]
  6. ↑ "Another suicidal board? How DuPont's directors failed Ellen Kullman". Fortune magazine . 13 October 2015. Retrieved 10 November 2015.
  7. ↑ Schlangenstein, Mary; David Mildenberg (10 May 2007). "JetBlue Air Names Barger to Succeed Neeleman as Chief". Bloomberg L.P. Retrieved 12 October 2010.
  8. ↑ "Jettisoned at JetBlue". Daily News . 11 May 2007. Retrieved 12 October 2010.
  9. ↑ "JetBlue CEO Fires Back at Wall Street Analysts". Bloomberg Business. 26 Aug 2014. Retrieved 18 February 2015.
  10. ↑ "JetBlue Analysts Say 'Bring Us the Head of Dave Barger'". TheStreet.com. 20 Aug 2014. Retrieved 10 November 2015.
  11. ↑ "Six Reasons JetBlue's CEO Probably Won't Stick Around". Bloomberg Business. 7 May 2014. Retrieved 18 February 2015.
  12. ↑ "JetBlue's CEO vies to please passengers, stocks". The Salt Lake Tribune. 16 Feb 2015. Retrieved 18 February 2015.
  13. ↑ "JetBlue CEO Barger to Retire in February". The Wall Street Journal. 18 Sep 2014. Retrieved 18 February 2015.
  14. ↑ "Connor Capital SB – Dave Barger". Connor Capital SB. Retrieved 2019-06-04.
  15. ↑ "David J. Barger". about.kaiserpermanente.org. Retrieved 2019-07-03.
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