Jet Airways CEO Cramer Ball quits
Q. Jet Airways CEO Cramer Ball has resigned to be replaced by which executive as acting CEO?- Published on 18 Dec 15
a. Gaurang Shetty
b. Silvano Cassano
c. Naresh Goyal
d. None of the above
ANSWER: Gaurang Shetty
Jet Airways, India’s second largest airline by market share, saw the resignation of its CEO Cramer Ball w.e.f February 29, 2016. Ball has stepped down to pursue new opportunities in Europe for family reasons. Whole time director at the airline G. Shetty will be acting CEO. Ball joined Jet Airways last year. He will now work for Italian airline Alitalia as the CEO, replacing Silvano Cassano who quit the company in September 2015. Jet was trying to implement a turnaround strategy and Etihad Airways has a 24% stake in the airline, the first time a company has made profits in the second quarter in 8 years.