PRS Oberoi quits Jet board, Shivkumar new finance V-P

Mumbai: P.R.S. Oberoi, who heads the Oberoi group, has resigned from the board of Jet Airways (India) Ltd effective 30 January, the airline said on Monday. Oberoi, one of the independent directors on the board, is also chairman and chief executive officer of East India Hotels Ltd, the flagship company of the Oberoi group.
The airline said Oberoi has resigned “due to his other commitments”. Other independent directors at Jet include writer Javed Akhtar, technocrat Sam Pitroda, producer Yash Chopra and actor Shah Rukh Khan.
In another development, Jet appointed M. Shivkumar as its senior vice-president for finance, effective 6 February, replacing Raja Parthasarathy who resigned in June 2006, a person close to the matter said on condition of anonymity.
Shivkumar joins Jet from Mumbai International Airport Ltd (Mial). A Mial spokesperson confirmed Shivkumar’s exit. A Jet spokeswoman did not confirm or deny the move.
09/02/09 P.R. Sanjai/Livemint

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Categories: Jet Airways Feb 2009